Big industry contracts 5.9pc in five months
Economists term constant increase in cost of energy, raw material and working capital as reason behind decline in LSM production
Is the mini-budget a ruse?
Measures announced in the mini-budget, the confusing stance regarding approaching the IMF could weigh heavily on the government's ability to tackle the issues threatening the economy
Fertilizer plants to be extended relief of Rs50 billion: Report
ISLAMABAD: In another concession to the industrial sector, the government will be providing a relief package worth Rs50 billion by decreasing the...
Prices of petroleum to rise by Rs1.70 per litre from May
ISLAMABAD: The government is likely to increase petroleum prices starting Tuesday after the Oil and Gas Regulatory Authority (OGRA) sent a summary...
Honda Pakistan achieves record breaking sales in 2017
LAHORE: Honda Atlas Cars Pakistan Limited (HACPL), an automobile subsidiary of Honda, announced its annual sales for the year 2017. The company has...
Engro Foods committed to its motto of “Nourishing through Nature”
SAHIWAL: Engro Foods Limited (EFL) has established its credibility in Pakistan in a short span of ten years and this credibility has attracted foreign investors...
Trump admin. urged to counter ‘predatory’ Chinese infrastructure lending to poor countries: Wahington Times
As revealed in a post published in the Washington Times, sixteen bipartisan senators have written a letter to the Trump administration about their...
Gilgit Baltistan and Azad Jammu Kashmir’s share of development budget increased
In a National Economic Council meeting presided over by the Prime Minister Nawaz Sharif on Friday, the share of development budget for...
Govt to establish 4 economic zones in all provinces: Asad
ISLAMABAD: Federal Minister for Planning and Development Asad Uma has said that the current government is determined to establish four economic zones in...
Pakistan estimated to achieve more than 5 pc GDP growth this fiscal
Even though the government remains embroiled in a grave political crisis, the country is likely achieve a GDP growth rate of more...
Pakistan bailout review to conclude once financing in place: IMF
WASHINGTON: The International Monetary Fund (IMF) is working with Pakistani authorities to conclude a ninth review of a bailout programme, its mission...
IMF to check Pakistan’s debt sustainability before giving loan
The International Monetary Fund on Tuesday said that Pakistan’s capacity to return loans will be assessed, adding that it will consider the...
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...
PSX gains 358 points on mini-budget optimism
Index has surged by 5.02pc since Jan 1
KARACHI: The Pakistan Stock Exchange (PSX) piled up gains for another session as the prime...
Banking sector profits surge 48pc in 9M2019
Banking sector profitability rose to Rs45.5 billion in the third quarter of 2019, up 48pc when compared with the same period last...