APTMA to observe black day today across the country

Islamabad: The All Pakistan Textile Mills Association (APTMA) on Tuesday will be observing a black day all across the country in retaliation...

Micro-finance banks instructed to install biometric devices by year end says: SBP

Karachi: The State Bank of Pakistan (SBP) on Monday instructed micro-finance banks (MFBs) to make the use of biometric technology mandatory for...

Haveli Bahadur Shah power plant to start production next week

Lahore: Punjab Chief Minister Shehbaz Sharif inspected the 1,230-megawatt gas power plant in Haveli Bahadur Shah, Jhang during a visit on Monday. He...

Govt delays decision on issue of sugar exports

Islamabad: The government on Monday decided to put the decision on hold for sugar exports in an attempt to keep the commodities...

China offers to include Bhasha Dam project under CPEC

Islamabad: The National Assembly Standing Committee on Planning, Development and Reform was informed on Monday that China had offered Pakistan to bring...

Gulf neighbors blockade will “leave a lasting wound” says: CEO Qatar airways

Paris: The CEO of Qatar Airways said Monday that the blockade imposed on his country by Gulf neighbors “will leave a lasting...

Islamic economic system can help fight poverty in Pakistan: Ahsan Bari

KARACHI Ending interest-based transactions, adopting the Islamic mode of economy, and restoring proper collection of Zakat and other taxes under it, would help...

CDNS achieves Rs 188 billion mark in savings

ISLAMABAD Central Directorate of National Savings (CDNS) has achieved Rs 188 billion savings till mid of last month during the final quarter of...

World markets surge amid political changes: sources

LONDON A general upward trend was seen in stock markets across the globe on Monday. European stock markets rose on Monday as traders reacted...

Bearish trend at PSX, benchmark sheds 265 points

KARACHI The Pakistan Stock Exchange (PSX) kicked off yet another week in the red zone. Investors remained absent from the market, with no...

PEW demands sale of bleeding government entities

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said that trade deficit of the first eleven months of the current fiscal has...

APTMA lashes out against govt, threatens protest

KARACHI All Pakistan Textile Mills Association (APTMA) will commence protest against the government for neglecting the textile sector in the last budget announced...

ECC approves PM’s package for exporters

ISLAMABAD In order to mitigate exporters’ difficulties and enhance the country’s exports, the Economic Coordination Committee (ECC) has approved the Prime Minister’s Package...

Dar urges Saudi investors to invest in petrochemical industry

ISLAMABAD Finance Minister Ishaq Dar urged Saudi investors to avail the huge investment opportunities, especially in the petrochemical industry of Pakistan for which...

Pakistan’s growth outlook favorable despite weak policy implementation: IMF

LAHORE According to IMF Pakistan’s economic outlook seems to be favorable, real GDP is estimated at 5.3 percent in FY 2016/17. IMF anticipates...