Stocks extend rally with 492-point gain
KARACHI:Â The Pakistan Stock Exchange (PSX) continued to head north on Tuesday, with the indices accumulating gains all day long amid positive sentiments.
"Cement,...
Relief for construction sector as prices of steel bars drop
ISLAMABAD:Â In a positive development for the construction industry, the prices of steel rebars have started declining in the local market after hitting...
PM rejects OGRA’s proposal for hike in petroleum prices
ISLAMABAD: In a bid to provide relief to the masses, Prime Minister Imran Khan on Monday rejected an Oil and Gas Regulatory...
PM seeks ‘out of box solutions’ to cut indirect taxes
ISLAMABAD: Prime Minister Imran Khan on Monday directed the government’s economic team to come up with ‘out-of-box solutions’ to reduce the burden...
Bulls stage comeback as index gains 567 points
KARACHI: Losing spree at the Pakistan Stock Exchange came to a halt on Monday after the benchmark index staged a spectacular rally...
Dawood lauds govt efforts to boost SECP registrations
Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood on Monday stated that the registration of companies in Pakistan has...
Remittances increase 24pc to $16.4bn in seven months
KARACHI: The inflow of workers' remittances into the country witnessed 19pc increase in January 2021, as compared to the same month of...
Govt establishing cannabis farms as alternative to cotton: Chaudhry
LAHORE: Federal Minister for Science and Technology Chaudhry Fawad Hussain has said that farms for cannabis production are being established in Jhelum,...
Circular debt rising by Rs45bn per month, NA panel told
ISLAMABAD: Pakistan's circular debt is increasing by Rs45 billon per month due to continuous increase in payables and late payment surcharge.
The Ministry...
Large-scale manufacturing expands 11.4pc in December
ISLAMABAD: Large-scale manufacturing (LSM) in Pakistan grew 11.4 per cent in December 2020 as compared to December 2019, data released by Pakistan...
Weekly inflation up 0.81pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based inflation for the combined group increased 0.81pc during the week ended Feb 11, compared to the...
$480m deposited in Roshan Digital Accounts: SBP chief
State Bank of Pakistan Governor Dr Raza Baqir said on Friday that as many as 86,000 Pakistanis living in 97 countries have...
SBP reserves fall $82m to $12.9bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped 0.63pc on a weekly basis, according to data released...
Pakistan’s e-commerce market size up Rs25bn YoY in Q1FY21
ISLAMABAD: Pakistan’s e-commerce market size has increased to Rs96 billion in the first quarter of financial year 2021 as compared to Rs71...
IMF opposes govt’s plan to increase employees’ salaries
ISLAMABAD: The International Monetary Fund (IMF) has opposed the government's plan to increase the salaries of its employees.
According to sources, officials of...