Railway’s infrastructure repair cost swells to Rs10.46 billion

ISLAMABAD: The cost of resuscitating the railway infrastructure damaged after the assassination of ex-Prime Minister Benazir Bhutto in December 2007 has been...

Money supply went up 0.83 percent year-on-year: SBP

KARACHI: State Bank of Pakistan on Friday released data which disclosed money supply went up 0.83 percent year-on-year during July-January of FY...

Stark economic indicators could dent growth target of 6 percent

ISLAMABAD: Pakistan may be unable to attain its target of 6 percent growth during FY 2017-18, as eight months data of commodities...

Gwadar and Chabahar different since inception: Manish Tewari

WASHINGTON: Former Union Minister of State in India, Manish Tewari has made comparisons between Gwadar port in Pakistan and Chabahar port in...

Islamic firms, securities to be governed under new rules

ISLAMABAD: Pakistan’s capital market regulator has drafted governance rules that cover sharia-compliant companies and securities, the latest government initiative aimed at developing...

Vespa makes a comeback, Ravi unveils Primavera

LAHORE: Italian Ambassador in Pakistan Stefano Pontecorvo along with Ravi Group director unveiled the new Vespa Primavera scooter at the launching ceremony...

SBP injects Rs1,050 bn into market

KARACHI: State Bank of Pakistan on Friday injected Rs1,050 billion into money market for seven days as reverse repo through its open...

Pakistan’s largest automobile expo kicks off in Lahore

LAHORE: National Assembly Member Shaista Pervaiz Malik and Italian Ambassador in Pakistan Stefano Pontecorvo inaugurated the Pakistan Auto Show 2018 at the...

Market Daily: Set in cement, KSE 100 gains 230 points

LAHORE: The KSE 100 index was off to a weak start perhaps amid rising uncertainty on the back of Trump induced trade tariffs...

FBR rejects claims of reduced Income Tax returns

ISLAMABAD: Federal Board of Revenue (FBR) has rejected claims of reduction in the number of Income Tax returns filed for the current...

State Minister stresses expediting LPG-Air Mix Plants in Balochistan

KARACHI: The Minister of State for Petroleum Division, Jam Kamal Khan has stressed the need to expedite work on LPG-Air Mix plants...

Adviser to PM on Finance holds meeting with SECP, PSX

ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail held a meeting with the Securities and Exchange Commission of Pakistan (SECP) and...

Unabated increase in cement prices to wreak havoc on middle-class: Fayyaz Ilyas

KARACHI: Association of Builders and Developers (ABAD) Senior Vice Chairman Fayyaz Ilyas said that cement is the most important input in the...

Active taxpayers list 2017 reveals startling decline

ISLAMABAD: The Federal Board of Revenue released the Active Taxpayers List for tax year 2017 and revealed a steep decline of over...

Pakistan labour force exports to Saudi Arabia plunged 40 percent in 2017

ISLAMABAD: As Middle Eastern countries tighten the screws on human resource exports, Pakistan labour export to Saudi Arabia has plunged by 40...