Power sector payables reach Rs807bn

ISLAMABAD: Despite the incumbent government's efforts to increase the power sector collection, the payables of the sector reached Rs807 billion as of December...

Govt adopting prudent policies to address economic woes: minister

RAWALPINDI: Petroleum Minister Ghulam Sarwar Khan said on Saturday that the Pakistan Tehreek-e-Insaf (PTI) government was adopting prudent policies to put the country’s...

G20 must tackle root causes of trade tensions that threaten growth: EU

BUCHAREST: The European Union will tell a meeting of finance leaders from the world's 20 biggest economies next week that they must...

SBP reserves surge $1.9bn, stand at $10.5bn

The foreign exchange reserves held by the central bank surged 22.56pc on a weekly basis, according to data released by the State...

India’s central bank cuts rates a week before elections

Though inflation remains subdued, falling farm incomes and record high unemployment are seen hampering Modi's prospects going into the polls MUMBAI:...

Moot discusses practical measures to uplift tourism sector

Experts stress need for professional services, availability of guides and provision of security infrastructure to facilitate foreign tourists ISLAMABAD: One of the...

Dawood reviews EODB reforms, stresses close liaison between Centre, provinces

ISLAMABAD: Advisor to Prime Minister on Commerce Abdul Razak Dawood on Thursday chaired a high-level meeting to review the reforms undertaken by the...

FBR selects 14,154 cases for audit

Senate Chairman Sadiq Sanjrani, PTI MNA Arbab Amir Yaqoob and PPP MPA Ali Nawaz Khan Mahar also got selected for audit...

MoF to amend Foreign Exchange Regulations Act

ISLAMABAD: The Ministry of Finance has proposed to amend the Foreign Exchange Regulations Act (FERA) 1947 by introducing a bill 'FER (Amendment) Act...

PPRA asked to ensure quality of construction material

Ministry observes that public organisations are using unlicensed and substandard products without ensuring quality and monitoring process ISLAMABAD: As the government wishes to...

SECP appoints registrar for Secured Transactions Registry

Housed at the SECP head office, the registry will facilitate small-scale borrowers in obtaining secured credit from formal financial institutions ISLAMABAD: In the...

Cement despatches decline 6.7pc in March

Total despatches in the first nine months of FY19 stood at 29.448m tonnes as compared to 31.314m tonnes in the same period...

Argentina wants enhanced trade relations with Pakistan: envoy

LAHORE: Ambassador of Argentina to Pakistan Ivan Ivanissevich and Lahore Chamber of Commerce and Industry (LCCI) President Almas Hyder on Thursday agreed to...

NEPRA jacks up power tariff by 81-paisa per unit

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Thursday gave its approval to increase the power tariff by Rs0.81 per unit on...

Asad Umar chairs NPMC meeting, reviews prices of food, pharmaceutical items

Committee agrees to formulate an integrated market mechanism to reduce price disparity among provinces ISLAMABAD: The National Price Monitoring Committee (NPMC) met on...