PIAF seeks 10pc reduction in gas tariff for local industry
LAHORE:Â The Pakistan Industrial and Traders Associations Front (PIAF) has said that the cost of doing business has increased manifold, which would lead...
Development of ports imperative for trade, says maritime minister
Minister for Maritime Affairs, Syed Ali Haider Zaidi has stressed the need for expediting intra-governmental cooperation to achieve the target of exponential...
Islamic banking’s assets grew 2.8pc in Q12018
ISLAMABAD: Assets of the Islamic banking industry increased by 2.8 per cent during the quarter from January to March 2018 and were...
Global Forum on Islamic Finance 2018 held at COMSATS
LAHORE:Â Islamic finance professionals, academics and researchers on Tuesday gathered at the Global Forum on Islamic Finance (GFIF) 2018, a two-day conference organised...
Govt raises Rs 284b through t-bills
The government managed to raise Rs 284b at an auction of market treasury bills (t-bills) on Wednesday, rejecting bids for 12-month papers...
KSE-100 slips 66 points as 13-day winning streak ends
Index succumbs to profit booking after gaining over 100 points in early trade
Railway’s infrastructure repair cost swells to Rs10.46 billion
ISLAMABAD: The cost of resuscitating the railway infrastructure damaged after the assassination of ex-Prime Minister Benazir Bhutto in December 2007 has been...
How Wall Street is preparing for possible US debt default
As talks over raising the U.S. government's $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers...
Stocks extend rally with 314-point gain
KARACHI: Bullish trend continued at the Pakistan Stock Exchange (PSX) on Tuesday, as the indices kept accumulating gains throughout the day despite...
November inflation eases to 8.3pc
The Consumer Price Index (CPI)-based monthly inflation decelerated to 8.3pc in November 2020, from 8.9pc in October mainly due a slight decrease...
Government taking steps for revival of sick industrial units: State Minister for Finance
ISLAMABAD:Â Minister of State for Finance Rana Muhammad Afzal Khan has said that the government is taking various steps for the revival of...
Provinces agree to accelerate wheat release from official stocks
ISLAMABAD: Provincial governments on Tuesday expressed firm commitment to accelerate the release of wheat from their official stocks in order to maintain...
Soyabean oil imports rose 71.93 pc during July-November 2017
ISLAMABAD: Edible oil imports including soyabean and palm oil during five months of current financial year grew by 71.93 percent and 29.24...
LNG imports have saved Pakistan $1.7b
Lahore: The government gamble to import Liquefied Natural Gas (LNG) seems to have paid off as it has been assessed that the...
JICA delegation visits ICCI, discusses reforms in key economic sectors
ISLAMABAD: A delegation of experts from Japan International Cooperation Agency (JICA) working for various government organisations in Pakistan visited Islamabad Chamber of...