Naveena Group to launch steel plant at Port Qasim
KARACHI: Naveena Group, a conglomerate dealing in textile exports, spinning, wind power and other business sectors, on Sunday announced the launch of...
D&B survey reveals majority of Pakistanis worried about Covid-19 spread
--90pc respondents express concerns over their personal finances amid pay cuts, redundancies, layoffs and business closures
--87pc claim that their savings have taken...
Trade deficit contracts 27pc to 23.2bn in FY20: PBS
ISLAMABAD: Pakistan’s trade deficit narrowed by 27 per cent to $23.18 billion in the fiscal year 2019-20, as against the deficit of...
Private sector offers services for construction of 5,000 low-cost houses, 50,000 apartments
ISLAMABAD:Â The private sector has offered its services to the federal government for the construction of 5,000 low-cost houses as well as 50,000.Â
Talking...
SBP reserves surge $1.27bn to $11.23bn
--SBP received $2.05bn in official inflows last weekÂ
--Reserves calculated after taking into account external debt payments of $809m
KARACHI: The net foreign exchange...
Pakistan’s exports decline 6.8pc YoY in June
Commerce ministry terms the single-digit reduction in June as a 'sign of recovery', as exports had declined 54pc and 33pc in April and May
Stocks post modest gains amid volatile activity
KSE-100 fails to capitalise on gains accumulated in early trade, closes higher by 88.77 points at 34,978.18
FY20: PSX among top-performing markets despite Covid-19
Pakistan Stock Exchange remained Asia's third-best market in FY20, after China and Taiwan
Razak Dawood stresses economic integration with Afghanistan, CARs
PM's aide urges IDFC to act as an interlink between regional countries so that mutual objectives could be achieved
KSE-100 welcomes FY21 with 485-point rally
KARACHI: The Pakistan Stock Exchange (PSX) greeted the financial year 2020-21 (FY21) with positivity, as the benchmark index extended its rally from...
Food inflation pushes CPI to 8.6pc in JuneÂ
Monthly inflation was led by a spike in the prices of wheat/flour, potatoes, pulses, condiments and spices
KPRA meets FY20 revenue target with 63pc growth rate
Provincial revenue authority collects Rs17bn in FY20 as compared to Rs10bn in FY19
Shanghai Electric mulls acquiring 66.4pc stake in K-Electric
KARACHI: K-Electric (KE) has received a fresh Public Announcement of Intention (PAI) from Shanghai Electric to acquire 66.4 per cent voting shares...
SBP raises Rs16bn through T-bill auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs16.1 billion through Pakistan Market Treasury Bills (T-bills), against...
Rupee depreciates 4.8pc in FY20
'Stability in current account deficit coupled with building up of forex reserves led towards normalized PKR depreciation in FY20, when compared with hefty depreciation of 24pc last year'