Joint audit study fails to evaluate quantum of losses in Qatar LNG deal

ISLAMABAD: A Joint Audit Special Study carried out to investigate the multi-billion-dollar LNG gas deal signed by Pakistan with Qatar has failed...

Bitcoin’s jumps to $10,000, yet investors still down $60bn in 2018

LAHORE: Over $550 billion of value was wiped off the entire cryptocurrency market in just under a month when Bitcoin slid another...

Car production dips 5.32pc in 11 months

ISLAMABAD: The production of cars and jeeps witnessed a decrease of 5.32pc during the first eleven months of the fiscal year 2018-19,...

More companies to be added to PSX

RAWALPINDI: Chief Executive Officer (CEO) Pakistan Stock Exchange (PSX), Richard Morin said that after the integration of Karachi, Lahore, and Islamabad into a...

Pakistan rated as top destination for Japanese investors

TOKYO: In a survey released by Japan External Trade Organisation (JETRO) this month, Pakistan was ranked top in Asia for Japanese investors. Board...

Multan-Sukkur Motorway awarded as per rules, no “irregularities”, NHA clarifies

ISLAMABAD: National Highway Authority (NHA), in response to certain media reports about alleged " irregularities"  in the award of Multan-Sukkur Motorway, has...

Weekly inflation drops 1pc

ISLAMABAD: The Sensitive Price Index (SPI)-based weekly inflation dropped one per cent during the week ended 11th March, data released by the...

RLNG-based power generation share climbs to 22.75% in September

In September, Hydel remained the main source of power generation with a share of 34%, RLNG 23%, gas 16%, coal 9%, furnace oil 8% and nuclear 5%

Pakistan receives confirmation of $2bn in additional deposits from KSA

ISLAMABAD: Pakistan has received confirmation from Saudi Arabia of $2 billion in additional deposits, according to the International Monetary Fund (IMF), raising...

Dar, Priti for enhanced bilateral ties between Pakistan, UK

Finance Minister Ishaq Dar has called upon Priti Patel MP, Secretary of State for International Development, UK, along with members of her...

Pak receives $350m under CSF

The State Bank of Pakistan (SBP) has confirmed that the Trump administration has finally released $350 million under the Coalition Support Fund...

FBR constitutes two committees to remove anomalies in Finance Bill 2023-24

ISLAMABAD: Three days after the presentation of the Federal Budget 2023-24, the Chairman Federal Board of Revenue, Asim Ahmad has constituted two...

Pakistan’s cotton production plummeted in last 25 years

ISLAMABAD: A report prepared by a committee setup by the incumbent government has revealed the country’s cotton production has plummeted in last...

Provinces directed to ensure lowest prices for edible items

ISLAMABAD: Prime Minister Imran Khan on Saturday directed the provincial governments to ensure the availability of edible items at the lowest possible prices. Chairing...

KSE-100 rises 152 points in volatile session

KARACHI: The Pakistan Stock Exchanged witnessed a positive start to the trading session on Tuesday, thanks to inertia from the previous session. However,...