Big industry expands 3.6pc YoY in July-Aug FY21
ISLAMABAD: Pakistan's large-scale manufacturing (LSM) production grew 3.66pc year-on-year in the first two months (Jul-Aug) of the current fiscal year (FY21), as...
Late buying helps index close in green
'PSX felt the pressure of political uncertainty at the start, but announcement of HBL's financial results and late buying in cement sector kept the index positive'
21,000 Roshan Digital Accounts opened; $24m received: PM
ISLAMABAD:Â Prime Minister Imran Khan said on Thursday that around 21,000 non-resident Pakistanis opened Roshan Digital Account remotely and sent $24 million with...
SBP reserves drop $356m to $11.79bn
The foreign exchange reserves held by the central bank declined 2.9pc on a weekly basis, according to data released by the State...
PKR steadily regaining lost ground against dollar, trades at five-month high
The Pakistani Rupee is steadily gaining value, attaining its five-month high against the US Dollar on Thursday.
During the day, the rupee strengthened...
Finance Division rebuffs media report on ‘depleting forex reserves’
ISLAMABAD: The Finance Division has rebuffed a news report claiming that Pakistan’s foreign exchange reserves are depleting and that it would not be...
ECC approves import of 340,000MT wheat
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday granted approval for the import of 340,000 metric tonnes of wheat.
Adviser...
Stocks drop 75 points in volatile trade
KARACHI: The Pakistan Stock Exchange (PSX) witnessed another round of volatile activity on Thursday, with the indices swaying both ways in search...
Tractor production up 17pc in three months
ISLAMABAD: The production of farm tractors in the country increased by 17.16pc to 11,235 units in the first three months (July-September) of...
ICCI seeks tax relaxations for small traders, shopkeepers
ISLAMABAD:Â Islamabad Chamber of Commerce and Industry (ICCI) President Sardar Yasir Ilyas Khan has urged the Federal Board of Revenue (FBR) to provide...
Textile millers lament spike in Sept power bills
APTMA deplores inflated tariff of ₵9 per kWh shown in Sept bills, seeks immediate withdrawal Â
Stocks post modest gains in range-bound session
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday managed to reverse the recent declining trend, with the indices ending in the green...
SCCI invites Belgian investors to explore CPEC projects
PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) President Sherbaz Bilour has invited Belgians investors to make investments in hydel power, oil...
Motorbike, three-wheeler sales jump 20pc in July-Sept quarter
ISLAMABAD: The sale of motorbikes and three wheelers in the country witnessed an increase of 20.05pc in the first quarter (July-September) of...
Cabinet approves enactment of EXIM Bank of Pakistan Act 2020
ISLAMABAD: The federal cabinet on Tuesday gave an approval for enactment of the Export-Import Bank of Pakistan Act, 2020.
According to sources, the...