Public debt rises 11 percent, touches Rs23.769 trillion during July-May FY18

However, public external debt rose to Rs7.3 trillion against Rs5.9 trillion at end-June 2017, posting a 23.72 percent increase during July-May FY18

SAARC CCI president to visit Pakistan, hold high-level meetings

ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI) President, Ruwan Edirisinghe is scheduled to arrive in Pakistan on July 10 (Tuesday) on a two-day visit to...

FBR revenue shortfall surges to Rs184 billion 

ISLAMABAD: Despite taking an advance worth of around Rs400 billion from the business community as well as from banks, the tax department could...

Shell launches new performance fuel V-Power in Pakistan

KARACHI: In a ceremony held at the Pearl Continental Hotel, Karachi, Shell introduced its new Shell V-Power fuel with Dynaflex Technology in Pakistan. The...

Planning commission, UNDP commit to streamlining data collection, reporting

ISLAMABAD: Minister for Planning, Development, and Reform (PD&R) Dr Shamshad Akhtar, formally launched the website and the Data Reporting Gaps Study, while...

APTMA laments duty on cotton imports, urges govt to help increase exports

KARACHI: The All Pakistan Textile Mills Association (APTMA) Senior Vice Chairman, Zahid Mazhar, while commenting on the issuance of SRO 847(I)/2018 dated...

Analysts blame political uncertainty, investigation against bank heads for market crash

The KSE-100 index was down by 995.66 points on Monday, July 9 as uncertainty prevailed in the market as heads of three banks face investigation in the Supreme Court (SC) coupled with the general political unrest post-SC’s Friday's verdict sentencing the former prime minister Nawaz Sharif.

China’s Li visits Berlin with trade warning for Trump: ambassador

The trade conflict between Europe, China and the United States is high on the agenda for the consultations between Li and Chancellor Angela Merkel in Berlin on Monday.

Careem planning to spend $150 million to launch food delivery business

CareemFood will be launched in Pakistan as soon as September and then in the United Arab Emirates, Saudi Arabia, other Gulf countries, and Egypt

Thorough plan underway to take Pakistan out of FATF grey list

ISLAMABAD: The government of Pakistan has prepared a comprehensive plan to exclude the country from the grey list of the Financial Action Task...

New Delhi annoyed over energy deal between Pakistan, Maldives

A deal struck between Pakistan and Maldives has reportedly left New Delhi confused and unsettled, leading to a further deterioration in relations...

Pakistan reiterates commitment to CPEC

ISLAMABAD: Recently, certain parts of the media have been witnessed to create negative propaganda against the China Pakistan Economic Corridor, terming it...

How tech brands are digitally hammering global FMCG giants

According to a Foreign Policy report, the cash that Apple has on-hand exceeds the GDPs of two-thirds of the world’s countries

SSI misleading public after defaulting on contractual payments

A spokesperson of the Shalimar Recording and Broadcasting Company (SRBC), an autonomous body working under the Ministry of Information Broadcasting, National History...

SAARC CCI to organise seminar on ‘Climate Resilient South Asia’

ISLAMABAD: The South Asian Association for Regional Cooperation (SAARC) Chamber of Commerce and Industry (CCI) will organise a one-day seminar on “A...