Punjab govt sets sugarcane price at Rs200 per maund
LAHORE:Â The Punjab government has fixed the minimum price for 40kg sugarcane at Rs200 as the cane crushing season is about to begin...
Foreign Direct Investment plunges 51pc YoY in Sept
KARACHI:Â Foreign direct investment (FDI) was recorded at $189 million in September 2020, compared to $384 million in September 2019, showing a decrease...
PKR gains Rs1.35 against dollar this week
KARACHI: Pakistani Rupee continued gaining strength against the US dollar in the interbank and gained another 37 paisas on Friday.
According to a...
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...