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...

SBP reserves fall $82m to $12.9bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped 0.63pc on a weekly basis, according to data released...

Pakistan’s e-commerce market size up Rs25bn YoY in Q1FY21

ISLAMABAD: Pakistan’s e-commerce market size has increased to Rs96 billion in the first quarter of financial year 2021 as compared to Rs71...

IMF opposes govt’s plan to increase employees’ salaries

ISLAMABAD: The International Monetary Fund (IMF) has opposed the government's plan to increase the salaries of its employees. According to sources, officials of...

Trade deficit expands 8.2pc to $14.9bn in seven months

ISLAMABAD: Pakistan's trade deficit during the first seven months (July-January) of the current fiscal year (2020-21) increased 8.25pc to $14.96 billion, compared...

SECP proposes amendments to NBFC regulations

ISLAMABAD: In order to safeguard the interest of investors, the Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to the Non-Banking...

Provinces directed strict price vigilance of food items

ISLAMABAD: The National Price Monitoring Committee (NPMC) on Monday directed the provincial and district administrations to proactively monitor the prices of chicken...

FPCCI seeks long-term strategy as budget deficit shoots up to Rs1.4tr

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry's Businessmen Panel (BMP) has sought a long-term strategy amid high cost of...