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:Â 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...
Sugar mills reject government’s Rs63 per kg price, decide to sell at Rs70 per kg
ISLAMABAD: Pakistan Sugar Mills Association (PSMA) on Sunday in a letter to the Ministry of Industry and Production (MoIP) stated that it...
FPCCI’s demands ignored in federal budget, says former vice president
PESHAWAR: Chairman Khyber Pakhtunkhwa (KP) Business Advisory Council and former vice president of Federation of Pakistan Chambers of Commerce (FPCCI) Muhammad Riaz...
SPI inflation decreases by a nominal 0.05pc
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on June 11, for the combined consumption group, witnessed...
Govt cuts presidency budget by 60pc
The overall budget for the presidency has been decreased by more than 60 percent in the budget for the next fiscal year...
CCP to start inquiry regarding high prices of cooking oil, ghee
ISLAMABAD: The Ministry of Industries and Production (MoIP) has asked the Competition Commission of Pakistan (CCP) to initiate an inquiry regarding high...
KP traders irked by ‘mismanagement’ at Pak-Afghan border
PESHAWAR: Despite the federal government's permission to open Pak-Afghan border crossings at Torkham and Chaman, Afghan transit trade and export vehicles aren't...
Govt wants private sector to create jobs PM Imran had promised
–Industries minister says private sector should generate jobs after up to Rs50bn relief in taxes, duties
–PM's finance aide says govt tried to...
Pakistan’s economy faces headwinds as coronavirus, food shortage threats loom
LAHORE: As the post-budget debate and details unfold, the government has set its targets and goals for the upcoming financial year 2020-21...