Unstoppable dollar sells at Rs152 in open market
KARACHI:Â The US dollar reached an unprecedented high of Rs152 in the open market on Monday, as the rupee maintained its downturn on...
Pakistan emerges as leading partner of BRI: survey
BEIJING:Â Pakistan has emerged as a leading partner of the Belt and Road Initiative (BRI), introduced by President Xi Jinping six years back,...
SBP raises interest rate to 12.25pc as economic slowdown continues
KARACHI: The State Bank of Pakistan (SBP) on Monday increased its benchmark interest rate by 150 basis points (bps) to 12.25 per...
Business community demands aggressive crackdown against dollar mafia
'SBP should devise guidelines for local currency dealers so that only genuine buyers can buy dollars from the open market'
ISLAMABAD:Â The business...
SECP launches investor awareness video series
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) has launched its first investor awareness video series, based on seven themes: capital market,...
Food imports drop 9.85pc in 10 months
ISLAMABAD: The country's food imports dropped by 9.85pc to $4.7 billion in the first 10 months of the current fiscal year, as...
PSX recovers losses to close in green
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on the first trading day of the week, as indices that...
Kekra-1: Exxon Mobil all set to pack up and leave
Pakistan was hopeful of finding large oil and gas reserves in its territorial waters in the Arabian Sea
Hours after Prime Minister...
CNG price in Punjab surges by Rs3 per kg
LAHORE:Â The Compressed Natural Gas (CNG) dealers in Punjab on Saturday announced that they would increase the fuel price by up to Rs3...
FPCCI lauds govt’s efforts in broadening tax net
KARACHI:Â The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) held an emergent meeting of its members at its head office in...
FBR chief vows to introduce long-term reforms in taxation system
'There is nothing ambiguous in tax amnesty scheme and neither will it be amended in the finance bill'
KARACHI:Â Federal Board of Revenue...
Demand for Pakistani cotton increasing in int’l markets: official
MULTAN: Punjab Pest Warning & Quality Control of Pesticides Director General Muhammad Zafaryab Haider has said that the demand for Pakistani cotton...
‘Pakistan Railways to run five special Eid trains’
Minister says efforts will be made to remove all encroachments within one month
LAHORE:Â Railways Minister Sheikh Rasheed Ahmed has said that the...
Minister vows zero tolerance for gas pilferage
ISLAMABAD:Â Petroleum Minister Omar Ayub Khan said on Saturday that there would be zero tolerance against gas pilferage and directed the gas companies...
Hafeez Shaikh meets PSX delegates amid dull market sentiment
A delegation of leading businessmen and brokers on Friday held a meeting with Adviser to Prime Minister on Finance Dr Abdul Hafeez...