SPI based weekly inflation grows by 0.12%
During the week under review, average prices of 12 items registered decrease, while that of 17 items increased with the remaining 24 items’ prices unchanged
U.S. third-quarter growth trimmed; business spending slowing
Gross domestic product increased at a 3.4 percent annualized rate, the Commerce Department said in its third reading of third-quarter GDP growth
Aviation minister directs CAA for attracting more airlines
The minister directed the management of CAA to keep working hard for the growth of the aviation sector for the ultimate speedy economic development of the country
New agri technology introduced in KP to boost wheat production
The agriculture sector contributes 22% to KP's GDP, however, 31% of KP’s population is food insecure with a high rate of malnourishment
Renewable energy projects devoid of transmission lines
Officials believe that the existing transmission system didn’t have the proficiency to provide electricity from the new renewable plants
Pakistan has plugged half of its financing gap for current financial year
According to the sources, Pakistan had fetched $450 million worth of foreign commercial loans during July-November of FY19 and another $4 billion was required for the remainder of the current financial year
Govt mulling reducing withholding tax rates on banking transactions: Report
In several documents, the government admitted the levying of withholding tax is a huge obstacle to the growth of the banking sector
BankIslami lost $6m within 23 minutes in cyber attack
Finance Minister Asad Umar says according to SBP, no other bank had reported hacking of customers' data
8th JCC on CPEC concludes in Beijing with MoUs in agriculture, industry
An official statement by the planning ministry claimed that the 8th JCC has set new targets for Pak-China cooperation, leading CPEC towards becoming a true economic corridor.
Govt gave Rs20bn subsidy in petroleum prices, NA told
Ghulam Sarwar Khan said Oil and Gas Regulatory Authority’s (OGRA) notified price of LPG for domestic and commercial consumers for this month is Rs1,338.78 for 11.8 kg cylinder.
Finance Division issues budget call circular
The budget call circular is issued every year to all federal ministries and departments wherein the Finance Division calls upon them to initiate the budget-making process.
Advisor to PM Abdul Razak Dawood lauds PFC for holding “Interiors Pakistan” exhibition
Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood Friday felicitated PFC Chief Executive Mian Kashif Ashfaq for conducting ten consecutive 'Interiors Pakistan' exhibitions successfully across the country to promote local furniture sector.
Shozib Ali PTI’s favourite for SECP top slot
Sources said that Prime Minister Imran Khan will choose a name among the three candidates who will become the next chairman and will perform his responsibilities.
Market Daily: Indices swing wild, KSE 100 down 0.15 per cent WoW
Friday started with KSE 100 index touching its intraday low of 37,845.42 after losing 391.10 points.
Finance Division clarifies news about current account deficit
Clarifying a news item on current account deficit, appeared in a section of press on December 20, it said the news does not reflect the factual position, a Finance Division press release said.