Indians go on shopping spree ahead of GST roll-out

New Delhi: At a crowded New Delhi market plastered with posters announcing massive sales, shoppers were vacuuming up household gadgets and high-end...
IMF MD Kristalina Georgieva

IMF head sees worst economic downturn since Great Depression

WASHINGTON: The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world’s poorest countries...

SECP to hold awareness sessions to address In-house Financing

In the recent notice sent to clearing members / settling banks, Pakistan Stock exchange (PSX) will be joining hands with National Clearing...

Banks disbursed agricultural credit worth Rs704.5bn during FY2016-17

KARACHI The commercial banks have surpassed the agricultural credit disbursement target of Rs 700 billion set by Agricultural Credit Advisory Committee (ACAC) for...

Daily market report: KSE-100 ends week positive

LAHORE The index, after a weak first session where it dropped 511.57 points, bounced back in the second. It jumped 322.29 points to...

Pakistan offers attractive investment opportunities in diverse sectors: PM

ISLAMABAD: Prime Minister Imran Khan has said that Pakistan offers attractive investment opportunities to foreign investors in diverse sectors. He was talking to...

FPCCI demands cut in mark-up rate

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday urged the government to reduce mark-up rate in the country...

China opposes US sanctions on Chinese banks, firms

BEIJING China on Friday expressed its protest against the United States for imposing unilateral sanctions on foreign enterprises outside the framework of the...

Tractor production increased by 54.59pc during last FY 2016-17

Islamabad: Tractor production in the country during financial year ended on June 30, 2017 increased by 54.59 percent as compared the production...

WB to assist FBR in making its tax system robust

Islamabad: The Federal Board of Revenue (FBR) is set to receive help from World Bank which would help the tax watchdog in...

Short-term public debt increased 44.2pc by end of FY 2016-17

Islamabad: A local newspaper reported a massive surge in short-term public debt share in total domestic debt to Rs6.6b or 44.2pc by...

KSE-100 finishes in red, retreats 75 points

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a jittery session on Thursday, as the indices kept changing directions throughout the...

Senate committee expresses concerns over special treatment to Chinese companies

  ISLAMABAD: As the concerned ministries failed to justify the special exemption on taxes being given to Chinese companies under China Pakistan Economic...

China-U.S. trade talks ‘making a final sprint’: state media

U.S. duties on $200 billion in imports from China are set to rise to 25 percent from 10 percent if there is no deal by March 1 to address U.S. demands that China curb forced technology transfers and better enforce intellectual property rights

OPEC sees oil markets tighten further even as US shale booms

LONDON: The global oil stocks surplus is close to evaporating, OPEC said on Thursday, citing healthy energy demand and its own supply...