Anti-dumping duty on steel feared to hit the local automobile sector

Pakistan’s decision to impose anti-dumping duty on Chinese steel is feared to raise the cost of automobiles since various local automobile parts manufacturers use...

Always got overwhelming response from international capital market: Dar

Pakistan had recently been moved up four places in the World Bank’s ‘Ease of Doing Business’ rankings BISP allocation is tripled from Rs...

Rigorous experimentation of world’s 24% GDP

Radical: that’s probably the single adjective that best covers the disparate economic policies being pursued in Asia’s three largest economies. In Japan, the government...

Increase in railways revenue to Rs 36581.864m in 2015-16

Pakistan Railways revenues have increased to Rs 36581.864 million in year 2015-16 as against Rs 18069.546 million in 2012-13, registering a net gain of...

PML-N’s rhetoric on POL prices was gambit to gain sympathies

 Pakistan Muslim League-Nawaz (PML-N) government’s pronouncement to put aside the Petroleum Ministry and Oil and Gas Regulatory Authority’s (OGRA) advice regarding hike in oil...

All ears to constructive criticism for upcoming budget: Dar

 Federal Finance Minister Senator Ishaq Dar on Saturday said that keeping in line with the past four years’ tradition of the current government, all...

Pakistan considering investment in Azerbaijan’s technology parks, says Ambassador Alizade

 In an interview with Azerbaijani news agency, Azerbaijan’s Ambassador to Pakistan Ali Alizade said that Pakistani businessmen are considering to invest in Azerbaijan’s technology...

Trump’s tax cut promise: US stocks end at records for another day

Wall Street stocks pushed to fresh records on Friday, again rallying off comments from President Donald Trump signalling imminent action on tax cuts.All three...

FPCCI lauds government for attaining economic stability       

The Federation of Pakistan Chamber of Commerce and Industries (FPCCI) President Zubair Tufail on Saturday lauded the financial policies of the government and said...

Raiwind railway station construction kicks start

Minister for Railways Khawaja Saad Rafique has laid the foundation of Raiwind railway station’s reconstruction today (Saturday).According to MD Farrukh Taimoor Ghalzai, 150 million...

Finance Minister shuffles heads of three divisions yet again

Finance Minister Ishaq Dar has reshuffled operational heads of his three important divisions leaving the post of Federal Board of Revenue (FBR) chairman vacant yet again, reported a national daily.It was the...

New data centre set up to tackle money laundering and terrorism financing

KARACHI: Tracking down money laundering and terrorism financing will now be easier due to a new high-tech data centre that was inaugurated by the...

SBP signs memorandum of understanding with Nepal Rastra Bank

The memorandum of agreement signed on Thursday will enhance bilateral relationship and sharing of information to accomplish convergence towards common modalities and standards in...

Business sector essential in achieving sustainable development: UN forum

DHAKA: Achieving the ‘2030 Agenda for Sustainable Development’, counts on the Asia-Pacific region developing new forms of partnerships with businesses that go beyond the...

ABL follows suit after MCB, performs below expectations

Allied Bank Limited (ABL) has announced its annual results for CY16 and has reported a Net Profit after Tax (NPAT) of Rs 14.7 billion,...

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Former PSX chairman Richard Morin breaks his silence

The former CEO of the Pakistan Stock Exchange (PSX) Richard Morin has come out swinging against rumours surrounding his abrupt resignation as the boss...

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NA rejects all cut motions, approves Rs313bn for 26 grants

ISLAMABAD: The National Assembly on Wednesday approved 26 demands for grants worth Rs313 billion related to various ministries and departments for the next financial year...