Resolution seeking Tariq Bajwa’s removal as SBP governor submitted in Senate

ISLAMABAD: A resolution seeking removal of  State Bank of Pakistan (SBP) Governor Tariq Bajwa was submitted in the Senate on Monday. The resolution...

No across the board withdrawals in NSS

ISLAMABAD: National Savings in a press release here on Thursday clarified that there have been no across the board withdrawals in National Savings...

‘Looming recession’: Experts suggest govt to push for rescheduling of foreign loans

LAHORE: Economic experts have suggested the government to try and convince international donors to reschedule loans for Pakistan so that the country...

KSE-100 rises 327 points in volatile session

KARACHI: It was a partly cloudy day at the Pakistan Stock Exchange (PSX), as the indices remained volatile throughout the trading session...
Usman Dar

Kamyab Jawan Programme might create 50,000 jobs by year end, says Usman Dar

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Youth Affairs Muhammad Usman Dar on Sunday said the Kamyab Jawan Programme (KJP)...

Govt to set up markets along Afghanistan, Iran borders

ISLAMABAD: The federal government has decided to establish trade markets along Iran and Afghanistan border areas. The prime minister has tasked the commerce...

ECC approves export of 0.5m tonnes of surplus wheat

Committee directs Ministry of Energy to proceed with the raising of syndicated Islamic Term Finance Facility of Rs200bn to repay circular...

SHC issues contempt of court notice to Civil Aviation Authority

KARACHI: The honourable Sindh High Court (SHC) has issued a contempt of court notice to the Civil Aviation Authority (CAA) of Pakistan....

UAE has assured to steer Pakistan out of current economic crisis: Petroleum Minister

On Sunday, Minister for Information and Broadcasting Chaudhry Fawad Hussain said the United Arab Emirates (UAE), would build an oil refinery in Pakistan, and talks for the huge investment had been finalised during the visit of Crown Prince Sheikh Mohamed bin Zayed Al Nahyan

ECC decides to allocate 10 mmcfd gas from Tolang field to SNGPL

The Economic Coordination Committee (ECC) meeting chaired by Finance Minister Ishaq Dar was held on Friday in which the decision to allocate...

UK chip designer ‘Imagination’ bought by Chinese firm

LONDON UK technology firm Imagination, which designs graphics chips for smartphones, is being bought for £550m by a Chinese-backed investment firm. Imagination put itself up...

Power sector payables reach Rs807bn

ISLAMABAD: Despite the incumbent government's efforts to increase the power sector collection, the payables of the sector reached Rs807 billion as of December...

Weekly inflation up 0.72pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on April 30 witnessed an increase of 0.72pc, Pakistan Bureau...

Govt focused on implementing textile policy

Islamabad: The government is working to implement the textile policy 2014-15 on priority in its true spirit and for maximum benefit of...

Pakistan’s economy size rose to $313.13 billion in FY18

However, the size of the country’s economy in terms of dollars fell as the rupee nosedived against the greenback in four rounds of devaluation since December 2017, with a 5.8 percent growth rate falling to 2.7 percent