Gasoline consumption went up during FY 2016-17

Islamabad: Gasoline consumption went up during last financial year 2016-17, according to a senior finance ministry official reported a local newspaper. The official attributed...

Weekly inflation registers 0.27 percent decline: PBS

Islamabad: The weekly inflation for the week ended on September 14 for the combined income groups decreased by 0.27 percent as compared...

Sindh declines to fund incentive package for CPEC SEZs

Karachi: In a setback for setting up of SEZs under CPEC, Sindh government declined to provide funds for a special incentive package,...

China shows willingness to grant favourable market access to Pakistan

Beijing: The 8th meeting regarding 2nd phase negotiations of China-Pakistan Free Trade Agreement (FTA) held in Beijing on September 14-15th, concluded with...

SNGPL shuns KPMG report on UFG losses

Islamabad: Sui Northern Gas Pipelines Ltd (SNGPL) has shunned KPMG Taseer Hadi and Co’s report pertaining to unaccounted for gas (UFG) losses...

Petrol shortage feared as stocks fall to alarmingly low level

Islamabad: A local newspaper reported that falling stocks of POL products could lead to a shortage over the next few days. All POL stocks...

Exports up by 13.2pc in last 3-months, SBP governor says

KARACHI: SBP Governor Tariq Bajwa has said that recovery in exports that started in the second half of FY17 and continued in the...

PM directs power ministry, heads of DISCOs to improve efficiency

ISLAMABAD Prime Minister Shahid Khaqan Abbasi Friday directed Ministry of Power and the heads of the power distribution companies (DISCOs) to come up...

FPCCI denounces decline in exports, attributes it to high cost of local goods

ISLAMABAD Acting President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Irfan Ahmed Sarwana denounced decline in exports from $...

SBP’s revised instructions on imports made on open account basis

KARACHI The State Bank of Pakistan (SBP) on Friday issued revised instructions regarding imports made on an open account basis. A statement said that...

Market daily: KSE-100 crosses 43,000 intraday

LAHORE The Pakistan Stock Exchange (PSX) after a relatively smooth first session looked shaky in the second session. With noise in the political...

SECP extends deadline for comments on draft Listed Companies, 2017

KARACHI The Securi­ties and Exchange Comm­ission of Pakistan (SECP) has extended the time limit, for providing comments on draft Listed Companies (Code of...

KCR to be presented before ECNEC for approval, Senate body told

ISLAMABAD The Senate Sub-Committee on Planning Development and Reforms was informed Thursday that the Karachi Circular Railway (KCR) projects would be presented before...

Revenue generation: FBR asks employees of telecom companies file returns

ISLAMABAD As part of its initiative to rope in large public and private sector organisations and companies in its ongoing drive for filing...

Return of the Bull

LAHORE by REMSHAY AHMED Pakistan has managed to gather a spot on the global economic scene recently after achieving the status of an emerging...