Rupee hits one-year high against dollar
The Pakistani rupee extended gains against the United States (US) dollar at the start of Wednesday’s trading in the inter-bank market, touching...
FPCCI signs partnership agreement with Greater Manchester Chamber of Commerce
KARACHI: The Pak-UK Business Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) had signed a partnership agreement with...
Trade deficit widens to $17.3bn in eight months
ISLAMABAD: Pakistan's trade deficit widened to $17.3 billion during the first eight months (July–February) of the current financial year (2020-21) mainly due...
Sale of petroleum products up 26pc in Feb
KARACHI:Â The sale of petroleum products increased 26pc in February 2021 as compared to the same month of last year owing to improved...
Domestic cement despatches up 6pc in February; exports drop 18pc
ISLAMABAD: Cement sales continued to increase during February, although its exports couldn't rebound due to weakening competitiveness in the international market.
According to...
Govt urged to launch Peshawar-Karachi cargo train
PESHAWAR: Frontier Customs Agents Association (FCAA) President and former Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) senior vice president Ziaul Haq...
Stocks bounce back to recover overnight losses
KARACHI: The Pakistan Stock Exchange (PSX) was back on track on Tuesday, as bulls re-appeared to take control of the market after...
PSX sheds 271 points ahead of Senate polls
KARACHI: The Pakistan Stock Exchange (PSX) remained bearish on Monday mainly due to political uncertainty ahead of Senate elections scheduled for March...
Inflation soars to four-month high in February
The Consumer Price Index (CPI)-based monthly inflation increased to a four-month high of 8.7pc in February 2021 as compared to 5.7pc in...
PEW deplores FATF’s decision to keep Pakistan on grey list
ISLAMABAD: The Pakistan Economy Watch (PEW) said on Monday that the Financial Action Task Force (FATF) is conspiring to further weaken Pakistan’s...
Utility stores run out of sugar
ISLAMABAD: Sugar is in short supply at most outlets of the Utility Stores Corporation (USC) in the country, with consumers being forced...
Foreign investment drops 78pc in 7MFY21
The Ministry of Finance, in its Monthly Economic Update and Outlook, said that total foreign investment saw a 78pc decline in the...
OGRA proposes up to Rs7 per litre increase in petroleum prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Friday recommended the Petroleum Division to increase the price of petroleum products by...
Stocks retreat 100 points on profit booking
KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Friday, with the indices swaying both ways in search of a...
Dollar falls to Rs158.76 as rupee continues winning streak
Pakistani Rupee appreciated by 13 paisas (+0.08pc) against the US Dollar on Wednesday, making it the third straight day of gains against...