Trade deficit expands 8.2pc to $14.9bn in seven months
ISLAMABAD: Pakistan's trade deficit during the first seven months (July-January) of the current fiscal year (2020-21) increased 8.25pc to $14.96 billion, compared...
SECP proposes amendments to NBFC regulations
ISLAMABAD: In order to safeguard the interest of investors, the Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to the Non-Banking...
Provinces directed strict price vigilance of food items
ISLAMABAD: The National Price Monitoring Committee (NPMC) on Monday directed the provincial and district administrations to proactively monitor the prices of chicken...
FPCCI seeks long-term strategy as budget deficit shoots up to Rs1.4tr
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry's Businessmen Panel (BMP) has sought a long-term strategy amid high cost of...
Exports cross $2bn for fourth consecutive month
ISLAMABAD: For the first time in eight years, Pakistan's exports have crossed the $2-billion mark for four successive months (Oct-Jan FY21), data released...
Renewal of Pak-Afghan transit trade agreement delayed
PESHAWAR: As the transit trade agreement between Pakistan and Afghanistan is expiring on the 11th of this month, no progress has so...
PM orders dissolution of market committees in Punjab, KP
ISLAMABAD: Prime Minister Imran Khan on Tuesday decided to immediately dissolve existing market committees in Punjab and Khyber Pakhtunkhwa, besides issuing directions for...
Pakistan’s cotton output falls to two-decade low
The arrival of seed-cotton into ginneries plunged 35pc to 5.57 million bales as of January 31, 2021, the lowest level witnessed in...
Stocks rally 353 points on positive sentiments
KARACHI: Bulls continued to dominate the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark index crossing the 47,000 mark intraday amid...
Pakistan, Uzbekistan agree to sign preferential trade agreement
ISLAMABAD: Pakistan and Uzbekistan have agreed to enhance bilateral trade relations by entering into a Preferential Trade Agreement (PTA).
The understanding was reached at...
PRA collection rises 10pc YoY to Rs11.23bn in January
LAHORE: Punjab Revenue Authority (PRA) has achieved the January collection target of Rs11.23 billion despite a reduction in taxes on more than 25...
Pakistan’s inflation rate slows to 5.7pc in January
ISLAMABAD: The Consumer Price Index (CPI)-based monthly inflation decelerated to 5.7pc in January 2021, from 8pc in the previous month, Pakistan Bureau of...
Exports jump 8pc to $2.14bn in January
ISLAMABAD: Pakistan's exports grew 8pc to $2.14 billion in January 2021, as compared to $1.98 billion in the corresponding month of 2020,...
FBR surpasses January tax target by Rs24bn
Overall, the revenue board has collected Rs2.57tr in July-Jan FY21, as against the target of Rs2.55tr
PM’s aide urges exporters to aggressively pursue African market
'Orders worth $2m were received and deals worth $3m are under process after Pakistan successfully participated in Int'l Trade Fair in Sudan'