Country’s direct investment surges by 4.6pc to $2.410bn

KARACHI The country received direct investment (DI) of $2.410 billion in July-June 2016-17, up by 4.6 per cent compared to $2.305 billion in...

Pharmaceutical exports increase 2.7pc in seven months FY19

ISLAMABAD: Pharmaceutical products worth $122.181 million were exported during the first seven months of the current financial year as compared the exports of...

Novatek close to deal with Saudi Aramco on Arctic LNG 2 project: CEO

MOSCOW: Leonid Mikhelson, chief executive of Russian gas giant Novatek, said on Sunday he had discussed the company’s Arctic LNG 2 project...

Senate approves setting up of tribunal to challenge Nepra decisions

ISLAMABAD: A key legal change has been approved by a senate body to clip the powers wielded by National Electric Power and...

UAE has assured to steer Pakistan out of current economic crisis: Petroleum Minister

On Sunday, Minister for Information and Broadcasting Chaudhry Fawad Hussain said the United Arab Emirates (UAE), would build an oil refinery in Pakistan, and talks for the huge investment had been finalised during the visit of Crown Prince Sheikh Mohamed bin Zayed Al Nahyan

CPEC to speed up industrialization, urbanization in Pakistan: Ahsan Iqbal

BEIJING: Federal Interior Minister Ahsan Iqbal, who also holds the Planning, Development and Reform portfolio, has emphasised that the Long-term Plan of the...

Pakistan Stock Exchange’s KSE-100 Index surges over 500 points, near 46,000 mark

KARACHI: On Friday, the Pakistan Stock Exchange's (PSX) main index, the KSE-100, experienced significant gains of over 500 points, nearly reaching the...

New PIA chairman appointed

KARACHI: Secretary Aviation, Muhammad Saqib Aziz has taken over the charge of  Pakistan International Airlines Corporation Limited (PIACL) chairman. The decision was taken...

FBR brings 1000 new traders under the tax net

SIALKOT: The Federal Board of Revenue (FBR) has issued notices to 1,000 new traders to bring them under the tax net in Sialkot...

Center rebuffs Balochistan’s request to lift ban on new housing schemes in Gwadar

ISLAMABAD: Balochistan’s government suggestion to re-open launch of new commercial and housing societies in Gwadar has been shot down by the federal...

Govt likely to allow petrol stations to set their own prices

As consumers across the country face difficulties due to petrol shortage, the government is currently contemplating completely deregulating pricing and marketing of...

PTCL posts Rs30bn revenue for first quarter of 2018, up 4pc YoY

MULTAN: Pakistan Telecommunication Company Limited (PTCL) announced its financial results for the quarter ended March 31, at its Board of Directors meeting...

Pakistan confronted by difficult economic situation: IMF

IMF called for more exchange rate flexibility, monetary policy tightening, further fiscal adjustment linked to medium-term consolidation strategy and strengthening the performance of key public enterprises clubbed with further rises in power and gas tariffs

Measures put in place to control hike in internal & external debt: Hammad Azhar

Mr Azhar said during the present governments’ tenure, loans increased by Rs 2.3 trillion but still the external and net borrowing was less than the previous year

Housing finance among top priorities of SBP: Dr Reza Baqir

SBP governor chairs first meeting of Steering Committee on Housing and Construction Finance