PBIF calls for export diversification to bolster exports

Karachi: President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain on Wednesday said Pakistan’s export base is shrinking, therefore, the government...

46 exploration licenses granted in last four years: Petroleum ministry

Islamabad: Ministry of Petroleum and Natural Resources has granted 46 exploration licences and 33 leases to achieve self-sufficiency in oil and gas...

ICAP suggests structural changes to existing tax system

The institute of Chartered Accountants of Pakistan (ICAP) has proposed structural reforms that focus on broadening the tax base and the simplifying...

Stocks add 273 points in volatile trade

KARACHI: Bulls emerged as winner of what was a volatile session at the Pakistan Stock Exchange on Wednesday, with the indices recovering...

PM directs for resolving sugar industry issues

ISLAMABAD Prime Minister Shahid Khaqan Abbasi on Thursday directed Ministry of Commerce to work with the Sugar Advisory Board to come up with...

FPCCI asks government to reduce minimum tax rate

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in their budgetary proposals has urged the Federal Board of Revenue (FBR)...

KP govt giving maximum incentives to investors: Khattak

PESHAWAR by: Aziz Buneri Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said that his government was giving maximum incentives to investors in the province...

WB projects Pakistan’s economy to grow at 5.2 pc in 2017

With growth prospects continuing to improve and inflation remaining contained, Pakistan economy would continue to grow at 5.2 percent in 2017, the...

Petroleum Ministry to execute Rs 190m projects in Balochistan

Islamabad: Ministry of Petroleum and Natural Resources on Friday said it will execute two new projects worth Rs 190 million for coal exploration...

Additional Rs209 billion collected in first 5 months: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) says it collected additional Rs209 billion during the first five months of this fiscal year...

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...