Policy rate to remain unchanged at 7pc: SBP

The Monetary Policy Committee (MPC) of the State Bank of Pakistan has once again decided to maintain the policy rate at seven...

MoC approves Rs950m for export-related projects

ISLAMABAD: The Ministry of Commerce on Thursday approved Rs950 million for export-related projects with an aim to provide competitiveness to the export...

SBP reserves up $4m to $13bn

The foreign exchange reserves held by the State Bank of Pakistan rose 0.03pc on a weekly basis, according to data released by...

PM to announce Rs250bn uplift plan for GB soon

ISLAMABAD: As the apex committee constituted by the federal government has completed its proposals for Gilgit-Baltistan (GB) development plan, Prime Minister Imran...

CCoP approves reserve price for Services International Hotel

Committee allows hiring of transaction adviser for award of DISCOs' management contracts
Imran Khan

PM stresses facilitation of SMEs to uplift economy

ISLAMABAD: Prime Minister Imran Khan has expressed commitment to taking every possible measure to uplift the economy and improve the inflow of...

Bears dominate PSX as benchmark index sheds over 726 points

KARACHI: The Pakistan Stock Exchange (PSX) on Thursday declined sharply, with the benchmark KSE-100 Index shedding over 800 intraday to fall below...

KP govt plans to build pilot cryptocurrency mining farms

PESHAWAR: Khyber Pakhtunkhwa is planning to build two hydroelectric-powered pilot “mining farms” to capitalise on a bullish global cryptocurrency market, a minister...

Buzdar approves establishment of Punjab Sahulat Bazaar Authority

CM says more than 400 bazaars will be established across Punjab; assures businessmen of swift redressal of problems

Dollar falls to Rs155.74 as rupee maintains winning streak

Pakistani Rupee made a giant leap against the US Dollar, gaining 98 paisas (+0.63pc) in the interbank on Wednesday. According to the State...

Minister vows cotton-specific subsidies for growers

ISLAMABAD: National Food Security and Research Minister Syed Fakhar Imam said on Wednesday that cotton growers would soon be given special incentives...

ECC approves cost subsidy mechanism for NAPHDA housing units

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the stipulated eligibility criteria and payment mechanism for cost subsidy...

Turkish investors express keen interest in Pakistan’s tourism sector

ISLAMABAD: As the government has decided to involve the private sector in the country’s hospitality industry, the Tourism Hotel Managers Association of...

Pakistan, Uzbekistan agree to form working group on cargo transportation

ISLAMABAD: Pakistan and Uzbekistan have agreed to form a joint working group (JWG) for future coordination in connection with "access to Pakistani seaports". This...

Stocks gain 593 points to storm past 45,000 level

KARACHI: Bulls dominated the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark index crossing the 45,000 mark amid improved market sentiment. Global...