Bearish trend continues at PSX for the fourth consecutive trading day
Tuesday’s session happens to be the fourth consecutive trading day which has seen the KSE-100 lose points as investors remain reserved due...
Impediments to Pak-Afghan trade to be removed by FBR
ISLAMABAD: The Federal Board of Revenue’s, Director General Transit Trade has decided to extend bonded carrier service charges, contemplate deferral of demurrage...
Iran planning to increase electricity exports to Afghanistan, Pakistan
TEHRAN: Iran is considering plans to increase electricity exports on Afghanistan and Pakistan by linking its power grid to the countries.
“Given the fact that neighbouring countries, especially Afghanistan and Pakistan,...
Steel industry asks government to make changes in budget FY21
ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has urged the Ministry of Industries and Production and other concerned departments, to...
Govt launches ‘secured transactions registry’ to facilitate financial institutions
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday formally launched the Secured Transactions Registry (STR)...
Colonisation of second CPEC economic zone begins with Rs53.6bn planned investments
ISLAMABAD: After the launch of China-Pakistan Economic Corridor's first special economic zone (SEZ) in Rashakai, colonisation of the 2nd CPEC SEZ, Allama...
Global CEOs see U-shaped recession due to coronavirus: survey
Global business leaders are preparing for a drawn-out U-shaped recession due to the impact of coronavirus and many fear their companies won't...
Business community laments ‘exorbitant’ surge in POL prices
'Increase in POL prices will further escalate the cost of industrial production and will spur inflationary trend which has already reached 9.4pc'
ISLAMABAD:Â The...
Power Division to share PPA details with CCoE
The details will include the financial ramifications of operating certain power plants out of the order of merit because of system constraints
SBP monetary policy exposes exaggerated claims of economic development: PEW
ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said the monetary policy
of the State Bank has exposed the tall claims of rapid...
KCCI rejects hike in power tariff, demands immediate withdrawal
KARACHI:Â Karachi Chamber of Commerce & Industry (KCCI) President Agha Shahab Ahmed Khan has said that the announcement of up to Rs2.80 per...
Govt allows ‘duty exemptions’ on imports by rulers of Qatar, UAE, and Bahrain
Ostensibly to solidify a personal relationship with the ruling elite of Qatar, Pakistan Muslim League-Nawaz (PML-N) government has granted duty exemption to...
KSE-100 fails to sustain gains, closes flat
KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed another volatile session on Wednesday, as the indices oscillated in both directions before...
BMG leadership, KCCI office bearers cheer PTI’s victory in general election
KARACHI: The leadership of Businessmen Group (BMG) and Office Bearers of the Karachi Chamber of Commerce & Industry (KCCI) have extended hearty...
Food imports dip 19pc in July: SBP
ISLAMABAD:Â The food group imports into the country during the first month of the current financial year (July-FY20) dipped by 19.20pc as compared...