SBP reserves drop $305m to $13.1bn
KARACHI:Â Foreign exchange reserves held by the central bank fell $305 million on a weekly basis, according to data released by the State...
Sugar price slashed Rs20 per kg due to govt’s intervention: PM
Prime Minister Imran Khan has said that the ex-mill price of sugar came down by Rs20 per kilogramme in 20 days due...
Bulls toss benchmark index above 42,000 level
KARACHI: Stocks continued their winning streak for third day on Wednesday, with the benchmark index crossing the 42,000-mark supported by upbeat investor...
November inflation eases to 8.3pc
The Consumer Price Index (CPI)-based monthly inflation decelerated to 8.3pc in November 2020, from 8.9pc in October mainly due a slight decrease...
Congestion at Karachi Port hampering cement exports
ISLAMABAD: Deep draft berths at Karachi Port are currently occupied by wheat importing vessels, owing to which the export of cement is...
Exports in November rise 7.2pc to $2.15bn
ISLAMABAD: The country's exports crossed $2-billion mark for the second consecutive month in November, registering a 7.2pc growth over the same month...
Five-year textile policy likely to be unveiled this week
ISLAMABAD:Â The federal government is all set to announce the Textile Policy 2020-25 during the current week, sources revealed on Tuesday.
Sources said the...
FBR exceeds July-Nov collection target by Rs17bn
ISLAMABAD: The Federal Board of Revenue has achieved its tax collection target for the first five months (July-Nov) of the current fiscal...
Pakistan, China finalise Gwadar projects for upcoming JCC
ISLAMABAD: The 5th meeting of Pakistan China Joint Working Group (JWG) on Gwadar has finalized deliverable projects which would be placed before...
Covid-19: KPRA fears significant decline in services tax collection
PESHAWAR:Â Like other industries, Covid-19 has badly affected hotels, rest houses and restaurants in Khyber Pakhtunkhwa, owing to which the provincial government was...
PM asks industrialists to help promote corporate farming
ISLAMABAD: Stressing the expansion of corporate farming, Prime Minister Imran Khan on Friday sought proposals from industrialists to modernise agriculture sector and...
Hafeez Shaikh outlines govt’s economic measures to cope with Covid-19
ISLAMABAD:Â Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Wednesday addressed the Annual Microfinance Conference (AMC) as a...
Dollar sheds Rs1.77 in two days, slips to Rs159.28
KARACHI: Continuing with the previous day's momentum, Pakistani Rupee gained another 81 paisas against the US Dollar in the interbank on Wednesday.
According...
Rice prices drop 20pc on rupee appreciation, low export demand
ISLAMABAD: Following a significant reduction in the prices of sugar and wheat, the prices of different varieties of rice have also witnessed...
PM directs ministries to help textile sector meet growing demand
Prime Minister Imran Khan has directed the ministries for commerce and industries to ensure all necessary support to the textile sector.
In his...