PSX ends week 117 points higher amid range-bound trading

'With SBP raising the key discount rate by 50bps, leveraged sectors such as cement, steel, fertilizers, oil manufacturing companies and textiles...

‘Promotion of entrepreneurship among govt’s top priorities’

PM's aide urges youth to adopt a long-term strategy to be successful in their respective fields instead of looking for overnight...

Tea imports dip 1.12pc in eight months FY19

Overall food imports into the country during FY19 witnessed a decrease of 8.25pc ISLAMABAD: The tea imports into the country witnessed a decrease...

Inauguration of Lahore-Abdul Hakeem Motorway on 31st

'The important segment of Karachi-Peshawar Motorway will link the districts of Sheikhpura, Nankana Sahib, Faisalabad, Toba Tek Singh and Khanewal to...

Petroleum Division rejects media reports regarding hike in gas prices

'SNGPL had not incurred any loss in respect of the sale of RLNG to domestic consumers during the winter season' ISLAMABAD: The Petroleum...

NFC agrees to finalise 9th Award by Dec 31

LAHORE: The 9th National Finance Commission has agreed to make efforts to finalise the NFC Award by December 31 this year. A meeting...

Petrol prices likely to go up by 12%

KARACHI: Oil prices are likely to increase by up to 12.8 per cent due to fluctuation in global oil prices for April. In a...

Dollar soars due to IMF-related market speculations

LAHORE: The United States (US) dollar increased by Rs0.50 in the inter-bank market and Rs0.70 in open market on Friday, February 29. On Friday...

‘Pakistan can generate 2.9m MW clean energy from solar power’

Punjab minister says renewable energy will reduce cost of doing business, promote industrialization and encourage investment LAHORE: The three-day 8th edition of 'Solar...

Crackdown against benami accounts from next week: FBR

'At least 76 properties and 46 vehicles were confiscated in recent weeks' The Federal Board of Revenue (FBR) has decided to launch...

BRI, CPEC complementary projects to each other: FM

ISLAMABAD: Foreign Minister Shah Mehmood Qureshi has stressed that Belt and Road Initiative (BRI) and China Pakistan Economic Corridor (CPEC) are not competitive...

Gwadar, Makran to be connected with national grid: ECNEC

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has given the approval to interconnect the isolated areas of Gawadar and...

Senate body’s recommendations on tobacco tax collection opposed

Senate panel had recommended FBR to remove the three-tier taxation system on cigarettes ISLAMABAD: The Federal Board of Revenue (FBR) has opposed...

America’s Capital Group mulls investment in Pakistan

Official says Pakistan govt's seriousness towards economic revival has encouraged the company to explore business opportunities in Pakistan ISLAMABAD: Prime Minister Imran Khan...

‘Flat tax scheme, rent control act to become reality soon’

ISLAMABAD: Ensuring the businessmen of Islamabad that a balanced rent control bill would be presented in the parliament soon, Minister of State for...