CPI inflation hikes by 5% on YoY basis
KARACHI: Consumer price index (CPI) inflation general increased by 5.0 per cent on a year-on-year basis in May 2017 as compared to...
Senate body rejects Super Tax extension
PTI leader termed it as most anti-corporate budget in Pakistan's history
ISLAMABAD: The Senate Standing Committee on Finance on Thursday unanimously rejected...
KSE-100 takes a plunge of 1800 points as PSX loses out at the Emerging Market Index
The benchmark KSE-100 index dropped 4.61% as the day progressed. The index fell by 1,810.76 points ending at 48,780.81. The KMI 30...
Senate standing committee on finance grills FBR over pending sales tax refunds
The issue of pending sale tax refunds on part of the Federal Board of Revenue (FBR) has earned them the ire of...
Service sector exports reach $4.708b in FY 2016-17: SBP
Thanks to the inflows coming from the Coalition Support Fund (CSF), Pakistan trade services recorded a $2.3b deficit during financial year 2016-17...
Early harvest energy projects under CPEC to be completed by 2018
China reaffirmed that most of the early harvest energy projects being built under the China-Pakistan Economic Corridor (CPEC) framework would be completed...
PSO receivables touch all time high of Rs300b
As Pakistan State Oil’s receivables cross Rs300b, it has been learnt that the Ministry of Finance is gearing up to release Rs45b...
TAPI partners plan to meet in Dubai, review project progress
The four-nation consortium, Turkmenistan-Afghanistan-Pakistan-India (TAPI), will be meeting in Dubai in June to review progress on the multi-billion dollars gas pipeline project...
Sugarcane production reaches historical high of 73.6m ton in FY 2016-17
The sugarcane production in the country has reached to historical high of 73.6 million ton during this year, showing 12.4 per cent increase as...
Seafood exports increase by 17.08pc during 10 months
The exports of fish and fish preparations from the country witnessed increase of 17.08 percent during the first ten months of the...
Parliamentary panel opposes powers to FBR in tax matters
ISLAMABAD: While opposing giving more powers to the finance minister and the Federal Board of Revenue (FBR) to make changes in the...
Al Shaheer IPO was manipulated: SECP files criminal case
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has filed a criminal complaint in the Karachi sessions court against a group,...
DP World hitches lift on new Silk Road: Sultan Ahmed
China’s massive re-imagining of ancient Silk Road trade routes is seen as a business opportunity that could help ameliorate the effects of...
Pakistan, Turkey sign $10m agreement on contribution to the people of FATA
Islamabad: Pakistan and Turkey have signed an agreement for Turkey to provide $10m to contribute to the rehabilitation of disaster/flood affectees and the...
Exim Bank establishment an encouraging move says: FCCI chief
The establishment of the Exim Bank of Pakistan has been welcomed by the Faisalabad Chamber of Commerce and Industry (FCCI) President Muhammad...