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OGRA issues 63 LPG licences in first nine months of FY20

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has issued around 63 licences of varying nature for the promotion of the Liquefied Petroleum...

Govt to collect approx Rs75bn in July from POL consumers

ISLAMABAD: The government is expected to collect approximately Rs75 billion on account of different taxes, levy, duty etc from consumers of petroleum products...

Business community resents ‘exorbitant hike’ in POL prices

--Lahore chamber fears an increase in cost of doing business; calls for reduction in petroleum taxes --ICCI chief criticises timing of decision,...

Leather industry seeks exemption from lockdown restrictions

Fearing 'colossal losses' in exports, PLGMEA chief urges govt to allow manufacturing units to operate in double shifts

Govt increases petrol price by Rs25.58

LAHORE:The federal government on Friday announced an increase in the prices of petroleum products with a Rs25.58 per litre increase in the...

Completion of cattle market project at Arifwala delayed as govt withholds funds

LAHORE: Progress on the establishment of a model cattle market in Arifwala, in Punjab’s Pakpattan district has been hampered due to lack...

KP assigns 19 departments to collect Rs49.2bn revenue for FY21

PESHAWAR: Khyber Pakhtunkhwa (KP) government has assigned responsibility to 19 departments to collect revenue estimated at Rs49.2 billion for FY21. The provincial government...
Dr-Hafeez-Shaikh

Govt taking institutional measures to speed up CPEC projects, says Hafeez Shaikh

ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Abdul Hafeez Shaikh on Friday said that the government is taking several institutional...

Stocks rebound with 229 points rally

LAHORE: Recovering the losses made in the previous session, the Pakistan Stock Exchange (PSX), on Friday, gained 229.86 points finally settling at...

Pakistan to diversify exports into engineering, pharmaceutical products, says Razak Dawood

ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Friday said that Pakistan is rapidly diversifying its...

Global output to contract by 3.6pc in 2020: Fitch Solutions

KARACHI: Global output will contract by 3.6 per cent in 2020, but rebound by 4 per cent in 2021, according to Fitch...

SBP reserves fall below $10bn

KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $146 million to $9.961 billion during...
Gold

Gold loses Rs2,300, falls to Rs102,800 per tola

ISLAMABAD: The per tola price of 24 karat gold stood at Rs102,800, after falling by Rs2,300 on Thursday, compared to its price...

Business community welcomes 100bps cut in policy rate

Businessmen laud govt’s economic policies, seek further reduction in policy rate to spur growth

Government releases Rs6.2bn for textile industry to resolve liquidity issues, encourage exports

LAHORE: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Thursday announced the release of an additional grant...