CDNS awarded Best Financial Inclusion Award Pakistan 2018

ISLAMABAD: Central Directorate of National Savings (CDNS) with an aim to inculcate the habit of thrift among the masses and as an important tool towards...

Sale of refrigerators, deep freezers up by 15 to 20pc  

KARACHI: The sale of Refrigerators and Deep Freezers have gone up by approximately 15-20 per cent on the eve of this Eidul...

SBP issues fresh notes ahead of Eidul Azha across Pakistan

KARACHI: To meet the demand for currency on the occasion of Eid-ul-Azha, the State Bank of Pakistan (SBP) through its 16 field...

Market Daily: PM gets cold welcome from PSX as stocks end flat

LAHORE: The Pakistan Stock Exchange (PSX) did not give a very warm welcome to the new Prime Minister. As economic worries loom,...

Country’s current A/C deficit widens to $2.2bn in July

KARACHI: The current account deficit (CAD) of the country further widened by 12.18 per cent to $2.2 billion in the first month...

Rasheed woos investors, says railways is ‘open for business’

ISLAMABAD: Newly-appointed Railways Minister Sheikh Rasheed on Monday said he will need at least four months to bring Pakistan Railways "back up...

PM appeals to overseas Pakistanis to send money via banking channels

KARACHI: Newly elected Prime Minister Imran Khan Sunday appealed to the Pakistanis living abroad to send their money through proper banking channels and invest...

Sanjrani calls for strengthening Pak-China economic ties

Sanjrani expressed his willingness to strengthen exchanges and cooperation with Liaoning in port construction, economic and trade, high-tech, education and training, and continuously strive to consolidate China-Pakistan friendship

Turkish lira crisis poses additional risk to German economy: finance ministry

The Turkish lira has lost nearly 40 percent of its value against the dollar this year, hit by a worsening diplomatic rift with the United States and by investor alarm about President Tayyip Erdogan’s influence over monetary policy

Break-up monopoly of SNGPL, SSGC & separate distribution from transmission, says: Iqbal Z. Ahmed

When JJVL commenced operations, there was a monopoly of around six companies at that time and now 130 entities existed, crediting itself for the efforts of bringing distribution down to the district level, said Iqbal Z. Ahmed

China offers Pakistan to trade in yuan, help decrease trade deficit

Sources quoting the Chinese ambassador said Beijing was contemplating to invite new Prime Minister Imran Khan as a guest of honour for China Import Fair set to be held in November 2018

Rs1.9 trillion of liabilities & receivables would need restructuring by new govt: Report

Pakistan International Airlines (PIA) liabilities are projected to be around Rs380 billion, recording a 123 percent surge in the last five years when it stood at Rs170 billion

IMF postpones appointment of Pakistan’s senior advisor to its board

Also, the post of senior advisor has remained unoccupied for 1.5 years and had been left deserted by the previous government on the excuse that Pakistan had exited the IMF program

New Pakistan PM Khan calls for austerity; wants bullet-proof cars sold

He also announced plans to sell a fleet of bullet-proof vehicles to help Treasury shortfalls, a bold move in a country where Islamist militants still pose a threat.

CDNS achieves Rs14 billion target

ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved Rs14 billion savings till the second month of the first quarter of...