Qatar mulls to increase LNG production amidst isolation by neighbours
Doha: The energy-rich Gulf nation of Qatar, facing further isolation from its neighbors amid an ongoing diplomatic rift, said Tuesday it plans...
Karachi traders alliance questions claims of economic development
KARACHI
Karachi Traders Alliance (KTA) on Tuesday questioned claims of the government regarding economic development terming it an eyewash.
Production, exports, exchange rate and...
Oil stocks lead as PSX ends on high
LAHORE
After a miserable performance on Monday, fortunes changed too soon for investors at the Pakistan Stock Exchange (PSX) as the index bounced...
Punjab govt to initiate 1,320 MW coal-fired power-project at RYK
Punjab government will set up a 1320 megawatt coal-fired power project at Rahimyar Khan. A memorandum of understanding in this regard was...
Pakistan first country to test 5G tech, says Anusha
ISLAMABAD - Minister of State for Information Technology and Telecommunication Anusha Rehman has said that Pakistan would become the first country in...
China opens up bond market in bid for liberalisation
SHANGHAI
China on Monday opened up its $10 trillion bond market to foreign investors, in the latest liberalisation move by Beijing as it...
Dar fails to enforce PM’s export package
ISLAMABAD
Federal Minister for Finance Senator Ishaq Dar has badly failed in the implementation of Prime Minister’s export package announced to promote and...
Average CPI inflation witnesses 4.16pc increase
KARACHI
The average inflation, Consumer Price Index (CPI) hiked by 4.16 per cent on year-on-year (YoY) basis in July-June 2016-17 as compared to...
JCR-VIS reaffirms entity ratings of Meezan Bank Limited at AA/A-1+
KARACHI
JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of Meezan Bank Limited at ‘AA/A-1+’ (Double A/A-One Plus).
JCR-VIS has also reaffirmed...
Stock market gets hammered amid political uncertainty
LAHORE
The Pakistan Stock Exchange (PSX) performed abysmally on Monday again, with the benchmark indices making a record fall. The benchmark KSE-100 fell...
CNG prices slashed by Rs2.50 per litre in Punjab, Islamabad
ISLAMABAD
All Pakistan Condensed Natural Gas Association (APCNGA) on Saturday announced to slash down the prices of Compressed Natural Gas (CNG) by Rs...
Dar annoyed with FBR for not achieving tax target
ISLAMABAD
Finance Minister Ishaq Dar on Saturday expressed his strong displeasure over the failure of the Federal Board of Revenue (FBR) in achieving...
Benchmark Index declined 3% during first half of 2017: report
KARACHI
Pakistan’s benchmark KSE-100’s total return has declined 3 per cent during first half 2017 to 46,565 points.
Bulk of the sell-off was seen...
FBR officials must expedite tax collection process: Dar
ISLAMABAD
Federal Minister for Finance, Senator Mohammad Ishaq Dar has directed the officials of Federal Board of Revenue (FBR) to further expedite the...
ICCI urges drastic reforms in tax system to improve revenue
ISLAMABAD
President Islamabad Chamber of Commerce and Industry, Khalid Iqbal Malik, has called upon the Federal Board of Revenue (FBR) to introduce drastic...