Trade deficit enhances by 16pc to $37.6bn
KARACHI: The country’s exports slightly enhanced by 14 per cent in the last fiscal year to $23.228 billion compared to $20.422 billion in...
Widening twin deficits overshadow performance of real economy: SBP
KARACHI: Real Gross Domestic Product (GDP) maintained its upward trajectory, exhibiting a 13-year high growth of 5.8 per cent in FY18. Benign...
Rs577b foreign assets, Rs1,192b domestic assets filed under amnesty scheme: Finance ministry
Unprecedented response witnessed to the Amnesty Scheme, claims ministry
Market Daily: PSX remains buoyant, closes up 133.95 points
LAHORE: The Pakistan Stock Exchange (PSX) started Wednesday morning in the red. Just when it seemed like indices have lost the momentum...
Car sales up by 21pc in July-June 2017-18
KARACHI: Total car sales have gone up by 21 per cent in the last fiscal year with 216,786 units sold as compared...
Pakistan’s debt-to-GDP ratio projected at alarming 74pc, expected to increase further by year end
ISLAMABAD: With an alarming projection, caretaker Finance Minister Dr Shamshad Akhtar painted a worrying economic picture and said that the total public...
NEPRA reduces tariff control period for five years in reviewed order for MSW power projects
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued a reviewed order with respect to the upfront tariff determination for Municipal...
China slams false report, says Islamabad never asked for more loans for CPEC
BEIJING: China on Wednesday rejected as “totally false” a report about Islamabad approaching Beijing for more loans to keep the multi-billion dollar...
Topsun Motors, Pak-China Motors accorded Greenfield status
Topsun Motors will setup assembly plant in Multan, the company has signed an exclusive cooperation agreement with Chongqing Big S&T Dev Group Ltd & Mianyang Huarui Automotive Co. Ltd. China for the production of LCVs with an initial investment of Rs5.43 million
India’s becomes world’s sixth biggest economy, surpasses France
India's gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France
CDNS released only Rs79.396 million for automation project during FY18
The total cost of the CDNS automation project has been estimated at Rs 879.8 billion which aims at bringing more branches of the National Savings under the automation system
Slippage in billing collection and other factors causing rise in circular debt
A loan facility of up to Rs431 billion for Discos was arranged by PHPL/CPPA-G on part of Discos for FY17 as a term finance facility
Caretaker finance minister ‘dismayed’ at lack of advancement on SEZs
Sources in the planning ministry said the bureaucracy was the major impediment in the way of SEZ development
U.S. to slap tariffs on extra $200 billion of Chinese imports
Last week, Washington imposed 25 percent tariffs on $34 billion of Chinese imports, and Beijing responded immediately with matching tariffs on the same amount of U.S. exports to China
Business delegation of Italian company, Leonardo, calls on foreign minister
ISLAMABAD: An eight-member delegation of the Italian Company Leonardo, led by its CEO, Alessandro Profuma, called on the Foreign Minister of Pakistan...