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Economy

    Mango exporters welcome opening of borders with Iran, Afghanistan

    --Iran allows six more Pakistani companies to export mangoes --PIA announces concessional air freight charges for mango exporters  ISLAMABAD: With the government's intervention, major...

    SBP reserves rise by $11m to $10.1bn

    KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $11 million to $10.107 billion during...

    PMLN asks PTI government to increase budgetary allocation for livestock, dairy sector

    LAHORE: Pakistan Muslim League Nawaz (PMLN) on Thursday asked the Pakistan Tehreek-e-Insaf (PTI) government to increase budgetary allocation for livestock and dairy...
    ADB-Pakistan

    Pakistan’s economy to grow by 2pc in FY21, says ADB

    'Pakistan was on a path of economic recovery before Covid-19 and will resume efforts to address macroeconomic imbalances once the virus subsides'

    Bears dominate PSX as index sheds 308 points

    'Political uncertainty amid emergency lockdown in different parts of the country caused investors to rethink their decisions'

    LCCI urges govt to bring business centric amendments in budget FY21

    LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) during a seminar held on Thursday, urged the government to make some amendments...

    Timely action helped Pakistan mitigate Covid’s impact on home remittances: MoF

    Finance secretary says remittances declined by a meagre 4.3pc in 11 months, as compared to World Bank's forecast of -23pc for the ongoing fiscal

    Pakistan’s rice exports may surpass 4 million tonnes in FY20

    With more orders during Covid-19, basmati exports surge 42.6pc in 11MFY20

    Rupee hits two-month low of Rs166.35

    KARACHI/LAHORE: The Pakistani Rupee after declining consecutively for four days slid by another 64 paisas (0.4 per cent) on Thursday, June 18,...

    Govt opposes its own bill extending free air travel to families of parliamentarians

    ISLAMABAD: The federal government on Wednesday opposed the Members of Parliament (Salaries and Allowances) (Amendment) Bill, 2020 in the Senate which aims...

    Senate committee raises questions on proposed Gwadar duty exemptions lasting 40 years

    ISLAMABAD: While rejecting and expressing disappointment on some proposals made in the Finance Bill 2020, the Senate Standing Committee on Finance on...

    CM Murad unveils Sindh budget with an outlay of Rs1.24tr 

    --Rs23bn earmarked for education, Rs28bn for health and Rs5bn for Covid-19 prevention  --CM says no new tax will be introduced in FY21; announces...
    Mobile phones import

    Mobile phone imports surge 63pc in 11 months

    ISLAMABAD: The import of mobile phones into the country has witnessed an increase of 63.17 per cent during the eleven months of...

    SBP raises Rs186.8bn from T-bill, PIB auctions

    KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised a collective amount of Rs186.8 billion from the auction...
    ECC meeting

    ECC approves Rs100m grant for locust control in Punjab

    Committee okays Rs500m for media campaign on Covid-19; Rs4.5bn for capacity building of civil armed forces
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