FBR fails to meet revenue target as deficit reaches Rs214bn

Shabbar Zaidi says revenue collection in 5MFY20 is 17pc higher compared to last year

Cutlery exports increase 9pc in 4MFY20

ISLAMABAD: Cutlery exports from the country witnessed an increase of 9.32pc during the first four months of the current financial year (FY20),...

Easy loans to farmers, SMEs among govt’s top priorities: PM

--PLRA, banks sign agreement to reduce procedural difficulties faced by farmers in getting access to credit --As per agreement, agri loan processing time...

FBR to tighten noose around sugar manufacturers

Revenue board deputes officers to investigate tax evasion in sugar sector

‘Govt committed to promoting economic activities in Balochistan’

Balochistan Chief Minister Jam Kamal Khan has said that the government is committed to promoting economic activities in the province. Addressing the inaugural...

Korean investors eager to explore Pakistani market: envoy

South Korean Ambassador to Pakistan Kwak Sung Kyu said on Friday that the investment companies of his country were eager to invest...

Pakistan receives $2.3bn in foreign loans in 4MFY20

ISLAMABAD: Pakistan received $2.3 billion loan from foreign donors in the first four months (July-Oct) of the current fiscal year (FY20). As per...

German envoy apprised of opportunities in power, petroleum sectors

ISLAMABAD: Pakistan's energy sector is flourishing like never before, as it is offering around $60 billion worth of investment opportunities in its...

KSE-100 extends rally, rises 581 points

KARACHI: Stocks continued with the positive momentum on Friday, as the indices drove north right from the beginning, helping the benchmark KSE-100 Index...

OGRA proposes nominal decrease in POL prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has proposed a nominal decrease in the prices of petroleum products for the month...

Proposals regarding duty-free import of hybrid cars opposed

ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resources Development (MOPHRD) recently made a controversial proposal, allowing the overseas Pakistanis to import...

ECC fixes wheat support price at Rs1,365 per 40kg

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday raised the minimum support price of wheat from the previously announced...

SBP reserves rise $240m to $8.68bn

The foreign exchange reserves held by the central bank rose 2.84pc on a weekly basis, as per the data released by the...

Pakistan, Qatar register 63pc growth in bilateral trade

ISLAMABAD: The volume of bilateral trade between Pakistan and Qatar increased from $1.59 billion (5.8 billion Qatari Riyals) to $2.61 billion (9.5...

Stocks extend rally; index up 583 points

KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Thursday as indices rallied right from the beginning while volumes improved...

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The spectacular decline of Hubco

It is not every day one can characterize a company that made Rs11.9 billion in profits last year as struggling, but there is no...

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PM orders strict action against food adulteration

ISLAMABAD: Prime Minister Imran Khan on Thursday directed the concerned officials to collect a complete data of adulteration in various basic commodities and medicines...