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...

Foreign direct investment falls 30pc in eight months

China, Netherlands, Hong Kong remain top investors

Food imports surge 50.3pc to $5.34bn in eight months

The import bill of edible items widened 50.3pc to $5.34 billion year-on-year in the first eight months (July-Feb) of FY21, triggering higher-than-expected...

Cement exports fall 18pc YoY in February

Cement exports during the month of February 2021 declined by 5.9pc on a month-on-month (MoM) basis and 17.93pc on a year-on-year (YoY)...

Cabinet issues directives for forensic audit of loss-making entities

ISLAMABAD: Science & Technology Minister Chaudhry Fawad Hussain said on Tuesday that the federal cabinet has decided to conduct forensic audit of...

Stocks drift higher in volatile session

KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Tuesday, with indices swaying both ways in search of a clear...

Large scale manufacturing expands 7.9pc in seven months

The country’s large-scale manufacturing (LSM) expanded by 7.85 per cent during the first seven months of the current fiscal year (7MFY21) as...

Envoy stresses transformation of Pak-Turkey ties into economic partnership

ISLAMABAD: Turkish Ambassador to Pakistan Ihsan Mustafa Yurdakul has said it is time to transform historically good bilateral relations between Pakistan and Turkey...

Stocks rise as political tensions ease

KSE-100 gains 978 points to storm past 44,000 levelÂ