Pompeo said U.S. won’t block Pakistan if it seeks IMF bailout – Pakistani minister

Pakistani officials say they are discussing taking drastic measures to avert seeking a bailout from the IMF, which has come to Pakistan’s rescue 14 times since 1980, including most recently in 2013

Pakistan needs easier, faster trade, investment process: British envoy

KARACHI: British Deputy High Commissioner Steve Crossman has emphasised on taking more steps to increase trade between Pakistan and Britain, which at...

Negotiations in final stages with Saudi Arabia for $8 billion Gwadar refinery

Mr Sarwar shared the visiting Saudi delegation had been offered to be a part of the $2 billion North-South Gas pipeline and bid for the forthcoming 10 petroleum exploration blocks set to be auctioned soon

China enlists WB to carry study on CPEC

The WB is carrying a study on six aspects of CPEC and hopes to complete the research by the end of 2018

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...

FBR officials directed to record all interactions during market visits

ISLAMABAD: Prime Minister Imran Khan on Thursday directed the Federal Board of Revenue (FBR) officials to ensure on-the-spot recording of all official interactions...

‘Pakistan faced with unprecedented economic difficulties’

KARACHI: President Dr Arif Alvi has said that the country's economy was going through historic difficulties as the incumbent government only inherited...

China launches aviation fuel index amid slowest demand growth in four years

Passenger travel makes up 97 percent of China’s total jet fuel consumption, which makes up some 13 percent of the global market, CNAF executives said

KSE-100 hits another low shedding 500 + points

The KSE-100 Index started trading on a bearish note taking another downward plunge of 536 points ( 1.09% ) to close at...

Audit finds mismanagement of old Rs500 currency notes by SBP

ISLAMABAD: Record of the old and discarded Rs500 currency notes, worth approximately Rs7.5 billion, was not available with the State Bank of Pakistan...

FBR considering common reporting platform to facilitate tax collection

The Federal Board of Revenue (FBR) is planning to bring common returns filing and tax payment system under the head of sales...

Govt to bring fiscal deficit down to 3.5pc of GDP

Economic growth is projected to continue its upward acceleration in the coming years. The government’s concerted efforts have helped in bringing down...

Central development working committee meeting to be held this week

  ISLAMABAD: The Central Development Working Committee meeting is scheduled to be held this week. According to details, costly projects worth billions of rupees would...

FDI rises by 12pc

Foreign direct investment (FDI) registered an increase of 12.4 pc year-on-year in the first three-quarters of 2016-17 primarily due to funds flowing...

Ministers exchange heated words as PIA/PSM privatisation unfolds

ISLAMABAD: Chairman of NA Standing Committee on Privatisation Syed Imran Ahmed Shah took his own government with iron hands over the proposed...