Reko Diq case: Pakistan files plea in US court to stop over $6bn fine
WASHINGTON: Pakistan has requested a US federal court to pause an Australian copper company’s bid to enforce a $6 billion arbitral award...
Over Rs538bn added to circular debt in FY20, Senate body told
ISLAMABAD: The Senate's Standing Committee on Power was informed on Thursday that with an addition of over Rs538 billion during the last...
Government borrowing soars 58.5 percent, touches Rs1.43 trillion in FY18
Collectively, the government obtained loans of Rs1.36 trillion from commercial and central banks during FY18, registering a rise of 25 percent against Rs1.08 trillion in FY17.
Stocks rally as nations begin to slowly reopen
Equities and crude rallied Tuesday as investors cheered a further easing of lockdowns in some countries, which offset a brewing row between...
SECP, FBR launch one-window facility for company and NTN registration
ISLAMABAD: As part of Doing Business Reforms agenda, the Securities and Exchange Commission of Pakistan (SECP) and the Federal Board of Revenue...
Moroccan companies invited to explore Pakistan’s tourism sector
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar said on Monday that Pakistan was among a few countries that were blessed with...
Pak-Turkey ties need to be materalised: envoy
KARACHI: Keeping in mind that the trade volume between Turkey and Pakistan is limited to only $700 million, it is imperative that...
Startup conference by Momentum attracts top talent
By Bilal Mumtaz
KARACHI: Momentum held a two-day conference from February 19 to 20 at the Expo Centre in Karachi. The main sponsors of...
Incoming PTI government set to inherit Rs1.1 trillion of circular debt
The committee was told PHPL is entitled to pay Rs153 billion in annual interest on the loans obtained
Tax regulator collected Rs506 billion taxes in July-August FY19
The tax regulator needs 15.5 percent growth to reach its target since its collection at end of FY18 stood at Rs3.842 trillion
Punjab PDWP approves six health-related projects worth Rs35.7bn
LAHORE: The Provincial Development Working Party (PDWP)-Punjab has approved six development schemes of various sectors at an estimated cost of Rs35,701.468 million.
Punjab...
Pakistan’s stable banking outlook extensively interconnected to sovereign credit risk: Moody’s
LAHORE: Moody's Investors Service (Moody's) has affirmed the B3 long-term
local currency deposit ratings of five Pakistani banks and changed the outlook to...
Cairo summit stresses new partnerships to benefit from CPEC
Speakers predict Suez Canal and Gwadar will emerge as mega seaports in the coming years
ISLAMABAD:Â Speakers at an international summit in Cairo on...
Market Daily: Earnings season fails to impress investors
LAHORE: The Pakistan Stock Exchange (PSX) opened the week with weak sentiments ahead of the soon to be announced Federal Budget 2019....
Weekly inflation rises 1.24pc due to increase in food prices
ISLAMABAD: The Sensitive Price Index (SPI)-based weekly inflation for the combined group in the period ended on October 8 increased by 1.24pc...