Textile exports jump 10.8pc in January

ISLAMABAD: The export of textile commodities increased 10.79pc year-on-year to $1,323.324 million during the month of January 2021, as against $1,194.463 million...

Profit-booking drags KSE-100 down

KARACHI: Breaking its two-day winning streak, the Pakistan Stock Exchange (PSX) closed in the red on Wednesday, with the indices failing to...

Pakistan meets conditions to get next $500 million from IMF

ISLAMABAD: The International Monetary Fund (IMF) and Pakistan on Tuesday reached a staff-level agreement that Pakistan had completed reforms required for the...

Stocks extend rally with 492-point gain

KARACHI: The Pakistan Stock Exchange (PSX) continued to head north on Tuesday, with the indices accumulating gains all day long amid positive sentiments. "Cement,...

Relief for construction sector as prices of steel bars drop

ISLAMABAD: In a positive development for the construction industry, the prices of steel rebars have started declining in the local market after hitting...

PM rejects OGRA’s proposal for hike in petroleum prices

ISLAMABAD: In a bid to provide relief to the masses, Prime Minister Imran Khan on Monday rejected an Oil and Gas Regulatory...

PM seeks ‘out of box solutions’ to cut indirect taxes

ISLAMABAD: Prime Minister Imran Khan on Monday directed the government’s economic team to come up with ‘out-of-box solutions’ to reduce the burden...

Bulls stage comeback as index gains 567 points

KARACHI: Losing spree at the Pakistan Stock Exchange came to a halt on Monday after the benchmark index staged a spectacular rally...

Dawood lauds govt efforts to boost SECP registrations

Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood on Monday stated that the registration of companies in Pakistan has...

Remittances increase 24pc to $16.4bn in seven months

KARACHI: The inflow of workers' remittances into the country witnessed 19pc increase in January 2021, as compared to the same month of...

Govt establishing cannabis farms as alternative to cotton: Chaudhry

LAHORE: Federal Minister for Science and Technology Chaudhry Fawad Hussain has said that farms for cannabis production are being established in Jhelum,...

Circular debt rising by Rs45bn per month, NA panel told

ISLAMABAD: Pakistan's circular debt is increasing by Rs45 billon per month due to continuous increase in payables and late payment surcharge. The Ministry...

Large-scale manufacturing expands 11.4pc in December

ISLAMABAD: Large-scale manufacturing (LSM) in Pakistan grew 11.4 per cent in December 2020 as compared to December 2019, data released by Pakistan...

Weekly inflation up 0.81pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based inflation for the combined group increased 0.81pc during the week ended Feb 11, compared to the...

$480m deposited in Roshan Digital Accounts: SBP chief

State Bank of Pakistan Governor Dr Raza Baqir said on Friday that as many as 86,000 Pakistanis living in 97 countries have...