Govt plans to save over Rs500bn through targeted subsidies

ISLAMABAD: The government's 'subsidies cell', under the supervision of Special Assistant to Prime Minister on Revenue Waqar Masood, has estimated to save...

SBP reserves up $188m to $13.29bn

KARACHI: The foreign exchange reserves held by the central bank rose $188 million on a weekly basis, according to data released by the...

FBR sees 63pc jump in income tax collection

ISLAMABAD: The Federal Board of Revenue (FBR) has received a record number of returns this year, along with the highest ever amount...

ICCI seeks extension in return filing deadline

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to extend the income tax return filing date, citing...

FPCCI lauds govt for removing 5pc duty on cotton yarn import

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has appreciated Prime Minister Imran Khan for considering the chamber's recommendations...

AHL expects KSE-100 at 52,000 points by next December

AHL predicts FY21 current account in deficit; foresees no significant rupee depreciation

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...