Stocks rally 194 points to cross 34,000 mark

KARACHI: After a lacklustre start to the week, the Pakistan Stock Exchange (PSX) changed its path on Tuesday, with the benchmark KSE-100...

Groundbreaking of ML-I project likely in March next year

Govt has earmarked Rs6bn for ML-1 project under PSDP 2020-21

Petroleum Division says protest near gas field might hamper supply, asks KP government to take action

LAHORE: The Petroleum Division has taken notice of the attempt to mobilise agitation and protests in District Kohat and has asked the...

NA body for early redressal of issues hampering mango export

PIA asked to facilitate consignments of perishable export items, as delays and cancellation of flights are causing losses to exporters

Tax collection had enhanced 17pc before Covid-19: Asad Umar

ISLAMABAD: Planning and Development Minister Asad Umar has clarified that tax collection had been enhanced by about 17 per cent by February...

Punjab presents Rs2.24tr ‘pro-business’ budget for FY21

–Allocates Rs337bn for ADP; Rs284.2bn for health; Rs391bn for education; Rs8bn for SMEs –Brings down tax to 5pc for over 20 services; stamp...

Punjab’s livestock, dairy sector gets Rs13.3bn share in budget FY21

LAHORE: The Punjab government has allocated Rs13.3 billion for the livestock and dairy sector in the provincial budget for the fiscal year...

PM wants balance between smart lockdown and economic activity

ISLAMABAD: Prime Minister Imran Khan on Monday directed the provinces to impose smart lockdowns in the affected areas by creating a balance between...

Rupee declines against dollar in interbank market

ISLAMABAD: The exchange rate for Pakistani rupee went down by 61 paisas against the United States (US) dollar during the interbank trading...

Punjab allocates Rs39.6bn for agriculture, food security

Rs4bn allocated for locust control, Rs1.86bn for farmers' interest-free loan scheme

Rupee expected to remain stable against dollar, say analysts

LAHORE: Analysts believe that the Pakistani rupee would remain stable against the US dollar in the foreseeable future as the economy faces challenges...

Stocks shed 786 points as budget fails to lure investors

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bloodbath in its first session after the announcement of the federal budget, with the...

0.9mn borrowers benefit from SECP’s loan rescheduling permission to non-bank microfinance sector

ISLAMABAD: The Security and Exchange Commission of Pakistan (SECP)'s permission to Non-Bank Microfinance Companies (NBMFCs) to reschedule their loan portfolio not only...

CPEC kept in cold storage to appease IMF, West: Kaiser Bengali

KARACHI: Eminent economist Dr Kasier Bengali on Sunday said that Pakistan’s economic policies are being dictated by Washington and the International Monetary...

Pay and Pension Commission asks government to increase salaries, pensions

ISLAMABAD: After the federal government’s decision to not increase salaries and pensions of its employees, the Pay and Pension Commission has forwarded...