Stock market ends flat amid volatility
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) endured another volatile session on Wednesday. Indices that swung in both directions failed to sustain...
IPPs get relief as IHC suspends NEPRA’s suo moto notice
ISLAMABAD:Â The Islamabad High Court (IHC) has suspended National Electric Power Regulatory Authority's suo moto notice to residual fuel oil (RFO)-based Independent Power...
Saudi investors keen to form JVs in Pakistan’s furniture sector
PFC chief says a delegation of Saudi investors will visit Pakistan this month to explore opportunities in the furniture sector
ISLAMABAD:Â A delegation of...
Agreements worth Rs4.8bn signed for low-income house financing
ISLAMABAD:Â In a ceremony held at the Pakistan Housing Conference, the Pakistan Mortgage Refinance Company Limited, in the presence of Prime Minister Imran...
More routes or more passengers: What should airlines aim for first?
'The aviation ministry and FBR are already in talks on how to reduce the taxes on travel'
ISLAMABAD: The most ardent exchange...
Qatari investors intend to take Islamabad airport on lease
ISLAMABAD:Â The Qatari investors have shown a great interest in taking on lease the Islamabad International Airport, sources revealed on Tuesday.
As per details,...
‘Liabilities causing impediments in privatisation of K-Electric’
Power Division secretary says public companies, including SSGC and NTDC, owe Rs125bn to K-Electric
ISLAMABAD:Â The Senate Standing Committee on Power Division was...
Business community laments ‘exorbitant’ surge in POL prices
'Increase in POL prices will further escalate the cost of industrial production and will spur inflationary trend which has already reached 9.4pc'
ISLAMABAD:Â The...
Govt mulls abolishing unnecessary withholding taxes: Asad Umar
Finance Minister Asad Umar said on Tuesday that the government was planning to abolish unnecessary withholding taxes, a local media outlet reported.
Addressing...
‘Crackdown against non-filers to be launched in May’
State Minister for Revenue Hammad Azhar has said that the Pakistan Tehreek-e-Insaf (PTI) government would initiate a crackdown against non-filers in May,...
PSX retracts intraday gains to close 318 points lower
KARACHI:Â The Pakistan Stock Exchange (PSX) started the trading session on a positive note, but retraced its intraday gains to close in the...
Envoy urges Pakistani investors to explore Kazakh market
'Kazakhstan holds 28th position in the Ease of Doing Business ranking and facilitates foreign investors by providing one-window solutions'Â
LAHORE:Â Pakistani businessmen must...
Global tensions to force trade slowdown in 2019: WTO
GENEVA:Â Global trade growth is expected to be lower in 2019 than it was last year, the World Trade Organization forecast on Tuesday,...
‘POL prices did not increase much due to tax reduction’
Finance minister says there is no doubt that inflation is there, but it is lower than it was in 2008 and...
Asad Umar to chair ECC meeting tomorrow
The meeting will discuss a 19-point agenda and will review the implementation of decisions taken by the Federal Cabinet
A session of the Economic...