Exports cross $2bn for fourth consecutive month
ISLAMABAD:Â For the first time in eight years, Pakistan's exports have crossed the $2-billion mark for four successive months (Oct-Jan FY21), data released...
Renewal of Pak-Afghan transit trade agreement delayed
PESHAWAR: As the transit trade agreement between Pakistan and Afghanistan is expiring on the 11th of this month, no progress has so...
PM orders dissolution of market committees in Punjab, KP
ISLAMABAD:Â Prime Minister Imran Khan on Tuesday decided to immediately dissolve existing market committees in Punjab and Khyber Pakhtunkhwa, besides issuing directions for...
Pakistan’s cotton output falls to two-decade low
The arrival of seed-cotton into ginneries plunged 35pc to 5.57 million bales as of January 31, 2021, the lowest level witnessed in...
Stocks rally 353 points on positive sentiments
KARACHI: Bulls continued to dominate the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark index crossing the 47,000 mark intraday amid...
Pakistan, Uzbekistan agree to sign preferential trade agreement
ISLAMABAD:Â Pakistan and Uzbekistan have agreed to enhance bilateral trade relations by entering into a Preferential Trade Agreement (PTA).
The understanding was reached at...
PRA collection rises 10pc YoY to Rs11.23bn in January
LAHORE:Â Punjab Revenue Authority (PRA) has achieved the January collection target of Rs11.23 billion despite a reduction in taxes on more than 25...
Pakistan’s inflation rate slows to 5.7pc in January
ISLAMABAD:Â The Consumer Price Index (CPI)-based monthly inflation decelerated to 5.7pc in January 2021, from 8pc in the previous month, Pakistan Bureau of...
Exports jump 8pc to $2.14bn in January
ISLAMABAD: Pakistan's exports grew 8pc to $2.14 billion in January 2021, as compared to $1.98 billion in the corresponding month of 2020,...
FBR surpasses January tax target by Rs24bn
Overall, the revenue board has collected Rs2.57tr in July-Jan FY21, as against the target of Rs2.55tr
PM’s aide urges exporters to aggressively pursue African market
'Orders worth $2m were received and deals worth $3m are under process after Pakistan successfully participated in Int'l Trade Fair in Sudan'
Frequent hike in energy rates to adversely impact industrial production: FPCCI
‘The govt's recent decision to increase power tariff was made on the behest of IMF as well as to appease IPPs'
FBR notifies removal of additional customs duty on 174 tariff lines
The Federal Board of Revenue (FBR) has withdrawn additional customs duty on import of raw materials of around 174 tariff lines.
The FBR...
Weekly inflation up 0.52pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the combined income group increased 0.52pc during the week ended on Jan 28,...
ECC forms committee to review OMCs’ margins on petroleum products
Committee okays continuation of general subsidy on five essential items through USC; approves allocation of gas from Mari Petroleum wells to SSGC; defers five-year textile policy for further deliberations