LCCI urges SBP to control rapid surge in price of US dollar, fears economic havoc

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has demanded from the State Bank of Pakistan (SBP) to control the rapid...

Federal budget 2018-19 to be pro-poor, business friendly

ISLAMABAD: Special Assistant to Prime Minister on Revenues, Senator Haroon Akhtar Khan here on Tuesday said that budget 2018-19 would be pro-poor, business-friendly,...

Amnesty scheme to benefit nonresident Pakistanis: Senator Haroon Akhtar

ISLAMABAD: Advisor to Prime Minister on Revenue senator Haroon Akhtar made it clear that the upcoming amnesty scheme will benefit the nonresident Pakistanis...

Pakistan has 7.835mn tonnes of wheat in storage

ISLAMABAD: Pakistan currently has 7.835 million tons wheat in storage and for the next year, the rate for the purchase of wheat has been...

Auto sector bleeds red as dollar jumps to Rs118 

KARACHI: The massive rupee devaluation of Rs7.5, which made the dollar to jump to Rs118, has had a negative affect on the...

ICCI urges FBR to stop harassment of builders and developers

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICC), Sheikh Amir Waheed has urged the Federal Board of Revenue (FBR) to stop...

Pakistan Bureau of Statistics admits collecting incomplete, partial data

ISLAMABAD: In a surprising revelation, officials of Pakistan Bureau of Statistics (PBS) admitted that the bureau was collecting incomplete or partial data...

CRE organises workshop on emerging issues, challenges, opportunities in rural economy

ISLAMABAD: The first workshop on the theme: “Emerging Issues, Challenges and Opportunities in Rural Economy of Pakistan” was organised by the Centre...

Market Daily: Indices register gains as rupee tumbles

LAHORE: Stocks at Pakistan Stock Exchange (PSX) rebounded in the backdrop of 3 per cent Rupee depreciation against dollar here on Tuesday...

Current account deficit surges 50pc to $10.8bn: SBP

KARACHI: The current account deficit in the first eight months of 2017-18 amounted to $10.8 billion, up 50 per cent from a...

Women participation in labour force 4.3pc, gender gap wider than before: World Bank

KARACHI: Institute of Business Management's (IoBM) Head of Economics, Shahida Wizarat, says women don’t face gender-based discrimination in effluent classes but the same...

SBP, FBR launch online collection of taxes and duties

KARACHI: The State Bank of Pakistan (SBP) and Federal Board of Revenue (FBR) today formally launched its online tax collection system. This...

Govt, Asian Development Bank sign agreements to enhance power transmission

ISLAMABAD: Government of Pakistan and Asian Development Bank (ADB) signed loan and project agreements amounting $260 million for the Second Power Transmission Enhancement...

Woman dies after being hit by Uber self-driving car

SAN FRANCISCO: An Uber self-driving car hit and killed a woman crossing the street in Arizona, police said on Monday, marking the...

China to open up its economy further, as global trade wars intensify

BEIJING: China will open up its economy further, and its door to the outside will only get wider, with foreign and domestic...