Marble exports decline 32pc during FY 2016-17

Karachi: The All Pakistan Marble Mining Processing Industry and Exporters Chairman Sanaullah Khan on Tuesday said marble exports had fallen 32pc from $57.96m...

Pakistan could become world’s 5th largest importer of LNG by 2022

Islamabad: Pakistan says it could become one of the world's top-five buyers of liquefied natural gas (LNG), with Petroleum Minister Shahid Abbasi...

Pakistan may be liable to pay $11.5b in damages for Reko Deiq gold mine project

Islamabad: In a major blow to Pakistan, the World Bank arbitration tribunal has passed its judgement in the case of Reko Diq...

Petroleum ministry suggests deregulation of diesel and petrol prices

Islamabad: Ministry of Petroleum is at loggerheads with the Oil and Gas Regulatory Authority (OGRA) and the Planning Commission over the deregulation...

High powered Chinese delegation arrives to review projects under CPEC

A high level Chinese delegation arrived Tuesday on a four-day visit to Pakistan to discuss industrial cooperation, implementation of Gwadar projects, and...

Dar reviews progress on development of ITTMS project

Islamabad: Finance Minister, Senator Mohammad Ishaq Dar on Tuesday reviewed progress on the development of border crossing complexes at Torkham and Chaman...

Car sales clock in at 213,000 units, Honda leads the pack

KARACHI Pakistani auto sales (including LCVs Vans and Jeeps) posted 14 per cent YoY growth excluding the taxi scheme. This was due to improving...

6-year high deposit growth of 19 pc witnessed in June 2017

KARACHI The banking sector deposits are up 19 per cent YoY to Rs 11.9 trillion in June 2017, which is a 6-year high....

Pakistan agrees to provide 25,000MT rice to Sri Lanka

ISLAMABAD Pakistan has agreed to initially providing 25,000 metric ton non-basmati rice to Sri Lanka on an urgent basis that would be procured...

Rupee depreciation inflicts great loss, govt must act: APFB

ISLAMABAD President All Pakistan Business Forum (APBF), Ibrahim Qureshi has said that the recent local currency depreciation has inflicted great loss to the...

2nd round of Iran-Pakistan FTA talks kicks off

ISLAMABAD The second round of negotiations between Iran and Pakistan on Free Trade Agreement (FTA) started in Islamabad on Tuesday and will continue...

Total exports slide by 1.63pc during 2016-17, imports up 18.67pc

KARACHI Despite all efforts by the government to enhance exports in 2016-17, the country’s goods export declined by 1.63 per cent to $20.448...

Stock market witnesses biggest fall since 2009

LAHORE In wake of the uncertainty surrounding the first family, the Pakistan Stock Exchange (PSX) crumbled. However, it came as no surprise for...

SBP begins investigating US dollar hike

KARACHI: The State Bank of Pakistan (SBP) on Tuesday (today) announced that it had begun to investigate the largest single drop in...

KSE-100 index plunges 2000 points following JIT report findings

KARACHI: The Pakistan Stock Exchange felt the shocks of Monday’s damning JIT report that found the prime minister and his three children...