Dollar falls to six-month low against rupee
Pakistani Rupee continued its winning streak against the US Dollar in the interbank market, as PKR gained another 14 paisas on Tuesday...
Trade deficit contracts 22.6pc in October
ISLAMABAD:Â A meeting of the Ministry of Commerce was held on Tuesday under the chairmanship of Advisor to Prime Minister on Commerce and...
Bulls return to bourse, lift KSE-100 by 1,368 points
KARACHI: The Pakistan Stock Exchange (PSX) staged a massive rally on Tuesday, which propelled the KSE-100 Index up almost 1,400 points intraday.
"The...
PRA’s revenue rises 24pc YoY to Rs9.4bn in October
LAHORE: The Punjab Revenue Authority has collected unprecedented revenue of Rs9.4 billion in October 2020, as against the revenue of Rs7.6 billion...
Pakistan’s exports back to pre-Covid levels, cross $2bn in Oct: Dawood
ISLAMABAD: While the Pakistan Bureau of Statistics (PBS) is yet to release export figures for the month of October, Adviser to Prime...
ECC approves concessionary package for industrial sector
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved a concessionary package for the industrial sector.Â
The ECC meeting, held...
FBR collection up 3.8pc to Rs1.33tr in July-Oct 2020
ISLAMABAD: The Federal Board of Revenue (FBR) has achieved 3.8pc growth in revenue collection during the first four months (July-Oct) of the...
Business sentiment in Pakistan rebounds to pre-Covid levels: D&B
KARACHI: The Business Optimism Index (BOI) for Pakistan increased from 112.8 points in the second quarter (Apr-June) of 2020 to 146.5 points...
Stocks plummet 775 points as Covid cases, lockdown fears rise
KARACHI: The Pakistan Stock Exchange (PSX) plunged once again on Monday, as rising Covid cases within and outside Pakistan continued to rattle...
SBP reserves up $55m to $12.12bn
The foreign exchange reserves held by the State Bank of Pakistan increased 0.45pc on a weekly basis, according to data released by...
ECC approves ‘PM’s package for Rabi crops’ to facilitate farmers
ISLAMABAD: The Economic Coordination Committee (ECC) has approved the ‘Prime Minister's Package for Rabi Crops, especially Wheat’.
The decision was made in a...
KSE-100 plunges 1,298 points as rising virus cases, partial lockdown dents investor confidence
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed bloodbath on the last trading session of the week/month, with the indices slipping all day long...
FBR’s action against Jazz to discourage foreign investments: OICCI
'Action against one of the largest taxpayers in the country is a huge setback for govt and OICCI's joint efforts to attract foreign direct investment'
Stocks tumble 194 points on rising virus cases
KARACHI: Bears extended their control on the Pakistan Stock Exchange (PSX) on Wednesday, with the indices failing to sustain morning gains and...
Govt allows exports to Afghanistan via Kharlachi border
ISLAMABAD: Kharlachi border has been added to the list of borders for exports of goods from Pakistan to Afghanistan.
As per details, the...