‘Budget to focus on macroeconomic stability, welfare of vulnerable segments’
PM's adviser says the IMF programme will create a platform for sustainable macroeconomic stability in Pakistan
Says it is not in...
Stocks continue to bleed as index sheds another 424 points
KSE-100 Index lost 1,007.68 points or -2.71pc in the outgoing week
KARACHI:Â Continuing with the downfall, Pakistan Stock Exchange (PSX) ended the last...
Report on Kekra-I offshore drilling within 3-4 weeks, Senate told
ISLAMABAD:Â Energy Minister Omar Ayub Khan said on Friday that the report on any discovery of energy reserves at Kekra-I offshore drilling site...
Pakistan seeks greater cooperation with IDB: President
Dr Alvi says CPEC will reshape regional connectivity with enhanced investment opportunities in tribal areas
ISLAMABAD:Â President Dr Arif Alvi on Friday acknowledged...
IMF seeks 25 per cent tariff hike amid bailout discussions
If the current government fails to control its losses then it would need to collect Rs367 billion in FY 2018-19 and Rs384 billion in FY 2019-20 in the form of increased tariffs.
Amended AML bill to give excessive powers to investigators, NA told
Opposition fears the bill could be used for political victimisation
ISLAMABAD:Â As leading politicians are facing cases related to money laundering, the...
Moot suggests Pakistan, Russia to follow CPEC model
ISLAMABAD:Â Scholars at a seminar urged further cementing Pak-Russia relations with an economic overview, calling for adopting a pattern of China, Pakistan Economic...
SBP reserves fall 2.4pc, stand at $8.8bn
The foreign exchange reserves held by the central bank declined 2.43pc on a weekly basis and were recorded at $8.8 billion, according...
‘Financial literacy to become part of new curriculum’
ISLAMABAD:Â Education Minister Shafqat Mahmood has shed light on the importance to inculcate financial discipline, savings culture and investment benefits among the youth...
Qatar agrees to supply LNG to Pakistan on low rates: sources
'The new LNG supply agreements will help Pakistan save approximately $2.5bn in 10 years'
ISLAMABAD:Â The government has convinced Qatar to supply 400...
IDB committed to enhancing economic cooperation with Pakistan
ISLAMABAD:Â Islamic Development Bank (IDB) President Dr Bandar M H Hajjar said on Thursday that the bank would extend all possible cooperation for...
Power companies disclose defaulters as arrears rise above Rs300bn
LAHORE:Â The outstanding amount of electricity bills in the country has reached over Rs300 billion, as the electricity distribution companies have displayed names...
Govt not considering privatising Pakistan Steel Mills, NA told
ISLAMABAD:Â Minister of State for Parliamentary Affairs Ali Muhammad Khan on Thursday informed the National Assembly that the government was not considering privatising...
Dawood vows further facilitation of business community in upcoming budget
PM's aide says govt wants to help investors grow their businesses, engage in exports and contribute more to national economy
PepsiCo...
KSE-100 drops 236 points amid dull trading
KARACHI:Â Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Thursday, as the indices continued to slip amid low volumes. Foreign investors...