Atlas Honda jacks up prices of motorbikes third time this year

The fresh price for its vastly popular model CD-70 is now Rs64,900, for Pridor Rs89,900, CB150F Rs167,000 and CD Dream Rs68,900

Pakistan imported 10 million tons LNG in last three years

LNG imports have resulted in savings of $3 billion to the national exchequer

Rupee depreciation, rising global oil prices justify increase in petrol prices: OICCI

FPCCI lambasted the government for increasing prices of petroleum products and taking short-term decisions on the excuse of economic stabilization

Budget deficit widens to Rs2.1 trillion during July-May FY18

The finance ministry officials quoting estimates said during April and May 2018, the budget deficit widened Rs617 billion or 1.8 percent of GDP

LSM output declined 16.08 percent in April compared to March

On a monthly basis, food beverages and tobacco posted 2.97 percent growth, auto sector 1.64 percent, non-metallic mineral products including cement 1.51 percent, coke and petroleum products 1.12 percent

Farmers in Sindh demand province be declared a calamity-stricken zone

Chronic water shortage forced farmers in Sindh to ask the authorities to waive off all taxes which includes irrigation, land revenue and agriculture loans

Cellular providers to give 100 percent credit on credit recharge for 15 days

As per the SC directives, this relief will last for 15 days after which the FBR and cellular companies would submit a mechanism to the apex court for collecting taxes via mobile phone top-up cards

PM invites Japanese companies to invest in Pakistan

ISLAMABAD: Prime Minister Justice (r) Nasir-ul-Mulk Wednesday said Pakistan attached great importance to its relations with Japan and invited Japanese companies to avail...

SBP injects Rs720bn into the market

KARACHI: The State Bank of Pakistan (SBP) on Wednesday injected into the money market Rs120 billion for one day and Rs1,600 billion...

SECP notifies Employee’s Contributory Funds Regulations 2018

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced Employee’s Contributory Funds (Investment in Listed Securities) Regulations, 2018. The new...

Steel sector raises prices to balance rupee devaluation

LAHORE: The steel sector of Pakistan has responded to the rupee devaluation by raising prices, especially of Cold Rolled Coil (CRC) and...

Pakistan signs agreements worth $565m with WB to support water, energy projects 

ISLAMABAD: The Secretary, Economic Affairs Division (EAD) signed the following agreements worth $565.0 million with the World Bank to support the projects in Energy...

CPEC to play immense role in development of remote regions: Secretary planning

ISLAMABAD:  The Secretary Planning, Development and Reform (PD&R), Shoaib Ahmad Siddiqui has said that the China Pakistan Economic Corridor (CPEC) being a...

Pakistan failed to sign any FTA’s in the last 5 years

ISLAMABAD: Although the government of Pakistan Muslim League Nawaz (PML-N) started the negotiations on various trade agreements including the Free Trade Agreement...

Market Daily: PSX closes green as the KSE 100 settles at 43,507.50

LAHORE: As Moscow dresses up ahead of the upcoming football extravaganza, more and more fans head into the country for the World...