Pakistan’s resilience to climate change is limited: Moody’s
Rising temperatures and erratic rainfall can affect productivity in agriculture and increase the vulnerability of energy production, as 33% of Pakistan’s energy supply are hydropower-driven
Nepra penalizes Lesco and Hesco for prolonged power outages
Islamabad: Lahore Electric Supply Company (LESCO) and Hyderabad Electric Supply Company (HESCO) on Thursday were fined Rs9m by the National Electric Power...
Business confidence exhibits fall before upcoming elections: OICCI
The outcome of the survey was hugely impacted by despondency in retail and wholesale trade whose business confidence nosedived to 6 percent against 40 percent in wave 15
Country’s CPI surges by 4.2 per cent in May 2018
According to the monetary policy announced by the State Bank of Pakistan (SBP), the average inflation is expected to remain between in range of 4.5 per cent - 5.5 per cent, while 2018-19 inflation is expected above 6.0 per cent.
Tobacco exports surge by 34.93pc during FY 2016-17
Islamabad: The tobacco exports from the country saw sharp increase of 34.93 percent during the Fiscal Year 2017 as compared to same...
FATF terms Pakistan’s progress ‘limited’, calls for swift completion of action plan
It directed Pakistan to demonstrate that remedial actions and sanctions be applied in cases of AML/CFT violations and that these actions have an effect on AML/CFT compliance by financial institutions
Tractor production increased by 54.59pc during last FY 2016-17
Islamabad: Tractor production in the country during financial year ended on June 30, 2017 increased by 54.59 percent as compared the production...
Current account deficit clocks up at $15.9b
KARACHI: The current account deficit in the first 11 months of 2017-18 has amounted to $15.9 billion, up 43.2 per cent from the previous year.
According...
APTMA urges govt to save and revive textile sectorÂ
Karachi: High input costs have been labelled as the reason for the closure of several textile mills which manufactured yard and fabrics...
Stock market sheds 120 points amid range-bound trading
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed a nervous session where the indices traded within a narrow range while volumes declined...
Pakistani money in Swiss banks down, yet still above Indian funds, claims Indian media
KARACHI: Money kept by Pakistani citizens in Swiss banks fell by over 21 per cent to a record low of CHF 1.115...
FBR reaches out to large companies to boost filing of returns
ISLAMABAD
The Federal Board of Revenue (FBR) has started an extensive drive to boost the filing of income tax returns by reaching out...
Analysts blame political uncertainty, investigation against bank heads for market crash
The KSE-100 index was down by 995.66 points on Monday, July 9 as uncertainty prevailed in the market as heads of three banks face investigation in the Supreme Court (SC) coupled with the general political unrest post-SC’s Friday's verdict sentencing the former prime minister Nawaz Sharif.
Agriculture council approves 29 projects for funding
ISLAMABAD: The Pakistan Agricultural Research Council (PARC) has approved 29 research and developmental projects for funding under the Agriculture Linkage Programme (ALP)...
Provinces want access to real-time data, software for measuring oil, gas and electricity output
Islamabad: All provinces have demanded access to real-time data regarding production of oil, gas and electricity across Pakistan to confirm their share...