Pakistan needs to expand water storage capacity: SAARC CCI
ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI)Â Senior Vice President, Iftikhar Ali Malik on Wednesday said Pakistan badly needed to expand its...
NEPRA approves Rs2.28 per unit cut in power tariff
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved 2.28 rupees per unit cut in lieu of fuel price adjustment formula for...
Court halts caretaker govt’s move to reform FBR
The Islamabad High Court recently issued a suspension on the caretaker government's plan to restructure the Federal Board of Revenue (FBR). This...
Imran calls for combined strategy to help labourers during pandemic
PM addresses ILO Global Summit, says many countries, including Pakistan, depend upon remittances sent by overseas workers
Procurement of sugar contingent to payment clearance by sugar mills: TCP
KARACHI: The Trade Corporation of Pakistan (TCP) has set the condition that procurement of sugar remains contingent to payment clearance of farmers...
China’s record trade surplus with U.S. risks further inflaming trade tensions
China’s trade surplus with the United States, which is at the centre of the tariff tussle, widened to a record monthly high of $28.97 billion, up from $24.58 billion in May, according to calculations based on official data going back to 2008
ECC postpones power tariff increase decision till next meeting
As a whole, these surcharges generate Rs100 billion per annum to service power sector loans and subsidies for the poor which ensures a uniform power tariff across Pakistan
Pak signed FTAs with China, Sri Lanka, Malaysia so far, Senate told
ISLAMABAD: Minister for Commerce and Textile Muhammad Pervaiz Malik Friday informed the Senate that so far Pakistan has signed Free Trade Agreements...
Stocks fall flat amid lacklustre trade
KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Wednesday, with the benchmark KSE-100 Index retreating all gains accumulated...
SBP obtained $5.8 billion short-term loans from commercial banks
ISLAMABAD: State Bank of Pakistan (SBP) is said to have procured $5.8 billion of short-term loans to paint a picture of stability...
PSX closes 37 points lower amid dull trading
KARACHI:Â Bearish sentiments continued to dominate the Pakistan Stock Exchange (PSX) on Thursday as well. The indices kept slipping all day long amid...
Strategy on cards to go after tax-evaders, growth target achievable: Rana Afzal
ISLAMABAD: Finance Minister Rana Muhammad Afzal Khan on Thursday said the government was devising a strategy to go after the tax-evaders and initially...
Saudi Arabia says new oil cuts show teamwork with Russia is strong
Russia-Saudi oil cooperation is still going strong as part of the OPEC+ alliance, which will do "whatever necessary" to support the market,...
ECNEC gives go-ahead for revival of Karachi Circular Railway project
Islamabad: Nine development schemes worth Rs310b were given go-ahead on Friday in a meeting of Executive Committee of National Economic Council (ECNEC).
Also...
Timely completion of CPEC projects govt’s top priority: FM
Foreign Minister Shah Mahmood Qureshi has said timely completion of China-Pakistan Economic Corridor projects is among top priorities of the government.
He was...