Trade deficit contracts 22.6pc in October

ISLAMABAD: A meeting of the Ministry of Commerce was held on Tuesday under the chairmanship of Advisor to Prime Minister on Commerce and...

Bulls return to bourse, lift KSE-100 by 1,368 points

KARACHI: The Pakistan Stock Exchange (PSX) staged a massive rally on Tuesday, which propelled the KSE-100 Index up almost 1,400 points intraday. "The...

PRA’s revenue rises 24pc YoY to Rs9.4bn in October

LAHORE: The Punjab Revenue Authority has collected unprecedented revenue of Rs9.4 billion in October 2020, as against the revenue of Rs7.6 billion...

Pakistan’s exports back to pre-Covid levels, cross $2bn in Oct: Dawood

ISLAMABAD: While the Pakistan Bureau of Statistics (PBS) is yet to release export figures for the month of October, Adviser to Prime...

ECC approves concessionary package for industrial sector

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved a concessionary package for the industrial sector.  The ECC meeting, held...

FBR collection up 3.8pc to Rs1.33tr in July-Oct 2020

ISLAMABAD: The Federal Board of Revenue (FBR) has achieved 3.8pc growth in revenue collection during the first four months (July-Oct) of the...

Business sentiment in Pakistan rebounds to pre-Covid levels: D&B

KARACHI: The Business Optimism Index (BOI) for Pakistan increased from 112.8 points in the second quarter (Apr-June) of 2020 to 146.5 points...

Stocks plummet 775 points as Covid cases, lockdown fears rise

KARACHI: The Pakistan Stock Exchange (PSX) plunged once again on Monday, as rising Covid cases within and outside Pakistan continued to rattle...

SBP reserves up $55m to $12.12bn

The foreign exchange reserves held by the State Bank of Pakistan increased 0.45pc on a weekly basis, according to data released by...

ECC approves ‘PM’s package for Rabi crops’ to facilitate farmers

ISLAMABAD: The Economic Coordination Committee (ECC) has approved the ‘Prime Minister's Package for Rabi Crops, especially Wheat’. The decision was made in a...

KSE-100 plunges 1,298 points as rising virus cases, partial lockdown dents investor confidence

KARACHI: The Pakistan Stock Exchange (PSX) witnessed bloodbath on the last trading session of the week/month, with the indices slipping all day long...

FBR’s action against Jazz to discourage foreign investments: OICCI

'Action against one of the largest taxpayers in the country is a huge setback for govt and OICCI's joint efforts to attract foreign direct investment'

Stocks tumble 194 points on rising virus cases

KARACHI: Bears extended their control on the Pakistan Stock Exchange (PSX) on Wednesday, with the indices failing to sustain morning gains and...

Govt allows exports to Afghanistan via Kharlachi border

ISLAMABAD: Kharlachi border has been added to the list of borders for exports of goods from Pakistan to Afghanistan. As per details, the...

FATF ‘recognises Pakistan’s efforts’ to fulfil action plan: MoF

ISLAMABAD: The Financial Action Task Force (FATF) has reviewed Pakistan’s progress on FATF action plan in its Plenary meeting on 23rd October 2020, and...