Current Account deficit widens by 48pc

KARACHI: The current account deficit in the first seven months of 2017-18 amounted to $ 9.1 billion, up 48.1 per cent from...

Fiscal deficit widens to 2.2pc in first six months

ISLAMABAD: The debt-ridden government of Pakistan spent Rs 796.3 billion, which is 2.2 per cent of the nation’s GDP, more than it...

Government to sell PIA’s minority share of 49pc by April 15

ISLAMABAD: While the opposition parties are concerned about the mode of government in privatisation of Pakistan International Airline (PIA) just ahead of...

Govt aiming for pro-investment, pro-business budget, ADB told

ISLAMABAD: Special Assistant to the Prime Minister on Revenue and Federal Minister Haroon Akhtar Khan said the government is aiming for a...

LPG prices to reduce by Rs15 next month: Irfan Khokhhar

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Standing Committee on Liquefied Petroleum Gas (LPG) Chairman Irfan Khokhhar on Sunday...

Pak-Russia bilateral trade shows 33pc increase

PESHAWAR: The bilateral trade between Pakistan and Russia has shown an increase of 33 per cent during the last one year, but...

All parties should develop consensus on Economic Roadmap: Rana Afzal

ISLAMABAD: Minister of the State for Finance and Economic Affairs Rana Muhammad Afzal Khan has stressed that all political parties should develop...

OGDCL net sales revenue increases by 18pc to Rs95.960bn

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) net sales revenue increased by 18 per cent to Rs95.960 billion compared to Rs81.081...

Khushhali Microfinance Bank posts 40pc increase in pre-tax profits

KARACHI: Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year 2017 on February 14, 2018, in Islamabad, posting appreciable...

FBR overlooks tax case against Grand Hyatt allottees

ISLAMABAD: The high ups of Federal Board of Revenue (FBR) have overlooked a tax case against the buyers of Grand Hyatt apartments,...

Market Daily: Indices succumb to late selling, shed 54.43 points

LAHORE: As the international anti-money laundering watchdog moves close to putting Pakistan on the global grey list, investors thought it wise to...

Government realises need to devolve education, health to districts: Ahsan Iqbal

ISLAMABAD: Planning, Development and Reform Federal Minister Ahsan Iqbal has maintained that the government while devising an action plan for the implementation...

ICCI holds RTC on Charter of Economy

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal Khan, attended the Round Table Conference (RTC) on Charter of Economy arranged by...

KCCI’s delegation to depart for Mauritius on February 26

KARACHI: In response to the invitation extended by the Mauritian President Dr Ameenah Gurib-Fakim, a high-level trade delegation from the Karachi Chamber...

UAE-Pakistan food trade set to grow

Trade between the United Arab Emirates (UAE) and Pakistan will soon see new heights, as Pakistani companies focus on increasing their exports...