The financial sector remains in sound, stable state: SBP
KARACHI
The State Bank of Pakistan (SBP) issued its annual publication viz., Financial Stability Review (FSR). The review presents an analytical assessment of...
Govt sets target to produce 234mn tonnes of oilseed by 2017-18
ISLAMABAD
The government has set a target of producing 234 million tonnes of oilseed including rapeseed, mustard and canola in order to fulfill...
PBIC lauds Dar for breaking rupee fall
ISLAMABAD
President Pakistan Businessmen and Intellectuals Forum (PBIF), Senior Vice Chairman of the Businessmen Panel of FPCCI and Former Provincial Minister Mian Zahid...
KSE-100 gains 399pts after a stagnant session
LAHORE
The KSE 100 index traded both ways, falling down to intraday low of 44,549.45 with loss of 273.67 points in the first...
PSX registers its worst performance in June since 1999: Valuewalk
Karachi: According to a write-up on investment website ValueWalk, the Pakistan Stock Exchange (PSX) suffered its worst performance in June since 1999....
OCAC seeks two years to meet regulatory requirements
Islamabad: Oil Companies Advisory Council (OCAC), a consortium of various oil marketing companies and refineries has sought one to two years for...
Slow speed of internet to persist for few more days across Pakistan
Islamabad: Significant number of internet users have been experiencing slow internet speed from last few days during peak hours while few areas...
Current account deficit surges by 131pc during FY 2016-17
Karachi: The State Bank of Pakistan on Thursday revised the figures for the current account deficit (CA) which increased to $10.64b, surging...
Gazprom, OGDCL sign MOU for exploration and development of gas fields
Islamabad: Pakistan’s Oil and Gas Development Company Limited (OGDCL) and Russia’s Gazrprom International have signed a Memorandum of Understanding (MOU) in Moscow...
ADB may extend $2b annual loan to Pakistan
Islamabad: The Asian Development Bank (ADB) Vice President, Wencai Zhang on Thursday indicated that the lender may be considering extending out a...
Seafood exports surge by 19.45pc
Islamabad: The exports of fish and fish preparations from the country witnessed increase of 19.45 percent during the first eleven months of the fiscal...
Pakistani mangoes fail to capture US market
Karachi: Despite getting approval for zero duty under the generalised system of preferences (GSP) six years ago, Pakistani mangoes have failed to...
LCCI urges need for establishing display centers at Pakistani embassies abroad
LAHORE
The Lahore Chamber of Commerce & Industry has urged the Pakistan’s foreign missions across the world to establish display centers for organizing...
Financial policy stand-off: MoF, SBP disagree on exchange rate issue
KARACHI
The stand-off among the Ministry of Finance (MoF) and State Bank of Pakistan (SBP) became serious on Thursday when Ishaq Dar through...
ADB calls on Dar, assures support for reforms
ISLAMABAD
After noting that the policy-based lending for reforms in Pakistan has been very successful, the Asian Development Bank (ADB) has assured the...