Stocks bounce back with 463-point rally
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) came roaring back to the market on Tuesday, with the indices recovering all losses...
Privatisation likely to fetch Rs100bn this year: Soomro
ISLAMABAD: Privatisation Minister Muhammadmian Soomro has said that the government is likely to earn Rs100 billion this fiscal year (FY21) through the...
Punjab PDWP approves six health-related projects worth Rs35.7bn
LAHORE: The Provincial Development Working Party (PDWP)-Punjab has approved six development schemes of various sectors at an estimated cost of Rs35,701.468 million.
Punjab...
Stocks nosedive 960 points after Shehbaz’s arrest
KARACHI: The Pakistan Stock Exchange (PSX) witnessed bloodshed on Monday, with the KSE-100 Index plunging over 1,000 points intraday amid political unrest.
Global...
ADB approves $300m loan to support Pakistan’s financial sector reforms
The Asian Development Bank (ADB) has approved a $300 million policy-based loan to help strengthen Pakistan’s finance sector by supporting measures to...
‘Imran likely to announce economic package, provincial rights for GB’
ISLAMABAD: Gilgit-Baltistan (GB) Governor Raja Jalal Hussain Maqpoon on Sunday said that Prime Minister Imran Khan is likely to announce an economic...
FPCCI calls for more incentives for expats to further spur remittancesÂ
LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar Saturday called for more incentives for overseas Pakistanis...
Circular debt in gas sector rises to Rs250bn: minister
ISLAMABAD: Power Division Minister Omar Ayub Khan has said that circular debt in the gas sector has risen to Rs250 billion which...
CDA to spend Rs55bn on Islamabad development projects, PM told
Prime Minister (PM) Imran Khan on Thursday was apprised that the Capital Development Authority (CDA) would utilize Rs55 billion it had collected...
PM directs all-out measures to facilitate foreign investors
ISLAMABAD: Prime Minister Imran Khan on Thursday called for the utmost facilitation and incentivization of Pakistani expatriates looking to invest in their...
SBP reserves fall $119m to 12.7bn
The foreign exchange reserves held by the State Bank of Pakistan declined 0.9pc on a weekly basis, according to data released by...
Govt following macroeconomic fundamentals to achieve inclusive growth: Hafeez Shaikh
ISLAMABAD: The government is committed to following macroeconomic fundamentals through effective policy making and targeted reforms with an aim to achieve sustainable...
Parliamentary panel for removal of bottlenecks in CPEC SEZs
ISLAMABAD: Parliamentary committee on Thursday directed the ministries concerned to remove all bottlenecks associated with the establishment of special economic zones (SEZs)...
Privatisation Board approves transaction structure for Heavy Electrical Complex
ISLAMABAD: The Board of Privitisation Commission on Wednesday approved transaction structure for Heavy Electrical Complex.
Privatisation Minister Mohammedmian Soomro chaired the board meeting...
Govt abolishes customs, regulatory duties on 163 tariff lines
Total revenue impact of exemptions will be Rs532m per annum