PM presents 10-point plan to avoid economic collapse in developing states

ISLAMABAD: Prime Minister Imran Khan has proposed a ten-point agenda to the world community to avert economic collapse in the developing countries due...

Traders lament yearlong closure of Pak-China border

ISLAMABAD: While Pakistan and China are taking steps to keep Gwadar Port operational for trade activities, the China-Pakistan Economic Corridor (CPEC) route at...

Govt releases Rs1.78bn for textile sector under DLTL scheme

Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Friday that the government has released Rs1.78 billion for...

Stocks post modest gains amid mixed sentiments

KARACAHI: The Pakistan Stock Exchange (PSX) managed to end the week on a positive note, with the indices posting decent gains amid range-bound...

Cement desptaches up 4.19pc YoY in November

Total despatches clocked in at 4.5m tonnes in Nov 2020, as compared to 4.3m tonnes in Nov 2019 and 5.7m tonnes in Oct 2020

PSX falls flat after range-bound session

KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on Thursday, with the indices moving both ways in search of...

Fortnightly cotton output falls 37.6pc

LAHORE: As many as 4.648 million cotton bales reached ginning factories across the country between November 16 and December 1, as compared...

SBP reserves drop $305m to $13.1bn

KARACHI: Foreign exchange reserves held by the central bank fell $305 million on a weekly basis, according to data released by the State...

Sugar price slashed Rs20 per kg due to govt’s intervention: PM

Prime Minister Imran Khan has said that the ex-mill price of sugar came down by Rs20 per kilogramme in 20 days due...

Bulls toss benchmark index above 42,000 level

KARACHI: Stocks continued their winning streak for third day on Wednesday, with the benchmark index crossing the 42,000-mark supported by upbeat investor...

November inflation eases to 8.3pc

The Consumer Price Index (CPI)-based monthly inflation decelerated to 8.3pc in November 2020, from 8.9pc in October mainly due a slight decrease...

Congestion at Karachi Port hampering cement exports

ISLAMABAD: Deep draft berths at Karachi Port are currently occupied by wheat importing vessels, owing to which the export of cement is...

Exports in November rise 7.2pc to $2.15bn

ISLAMABAD: The country's exports crossed $2-billion mark for the second consecutive month in November, registering a 7.2pc growth over the same month...

Five-year textile policy likely to be unveiled this week

ISLAMABAD: The federal government is all set to announce the Textile Policy 2020-25 during the current week, sources revealed on Tuesday. Sources said the...

FBR exceeds July-Nov collection target by Rs17bn

ISLAMABAD: The Federal Board of Revenue has achieved its tax collection target for the first five months (July-Nov) of the current fiscal...