PM’s aide says rupee not being devalued for the first time
'Interbank dollar rate rose by Rs32 during PPP's era, while it increased by Rs26 during PML-N's tenure'
Amidst criticism on the devaluation...
OGRA seeks 47pc increase in gas tariffs
After up to 143 per cent hike in gas prices last year, the Oil and Gas Regulatory Authority (OGRA) on Friday sought...
PM assures federal govt’s support for Thar coal project
ISLAMABAD:Â Prime Minister Imran Khan said on Friday that the federal government would extend all-out assistance to ensure the success of Thar coal...
PM wants electric vehicle policy finalised in two weeks
PM was informed that the main reason behind environmental pollution in Punjab was smoke emitted by the vehicles
ISLAMABAD:Â The Ministry of Climate...
Commerce ministry reaches out to business community on Pak-China FTA
'Now that Pakistan has zero per cent duty on 313 products in China, it is for our entrepreneurs to capitalise on...
SECP, stakeholders discuss measures to stabilise capital marketÂ
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) chairman, along with his team, met with capital market stakeholders, including the senior management...
Govt to launch new energy exploration and production policy
Special Assistant to Prime Minister on Petroleum Nadeem Babar has said that the government is preparing a new energy exploration and production...
After Huawei blow, China says US must show sincerity for talks
'The United States should observe the principles of respect, equality and mutual benefit, and they must also keep their word'
BEIJING: The...
Stock market bleeds as US dollar reaches record high
KSE-100 index sheds 804.5 points on Friday, 1,700 points in week
KARACHI: Continuing with its declining trend, the Pakistan Stock Exchange (PSX)...
Turkey says US scrapping trade deal contradicts goals
ANKARA: The US decision to end its preferential trade agreement with Turkey contradicts their $75 billion bilateral trade target, Trade Minister Ruhsar...
Our hands were tied, govt says on IMF deal
PM's finance adviser says foreign exchange reserves had fallen below $10bn so govt had to borrow from IMFÂ
Hafeez says Fund...
Stung by US sanction threats, EU seeks ways to boost the euro
BRUSSELS: The European Union is seeking new ways to widen the use of the euro and counter the dollar’s global dominance, top EU...
TESCO pays Rs3.4bn in taxes to FBR despite exemptionÂ
ISLAMABAD:Â Tribal Areas Electricity Supply Company (TESCO) paid an amount of Rs3.4 billion to the Federal Board of Revenue (FBR) without putting a...
China warns US move against Huawei could hurt trade talks
WASHINGTON/BEIJING: The Trump administration’s decision to sanction and potentially cripple Chinese telecoms giant Huawei Technologies Co Ltd garnered a sharp rebuke on Thursday...
SBP reserves fall 1.5pc, stand at $8.84bn
The foreign exchange reserves held by the State Bank of Pakistan declined 1.5pc on a weekly basis, according to data released by...