OGRA imposes Rs40mn penalty on six OMCsÂ
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has imposed a penalty amounting to a total of Rs40 million on six Oil...
SBP reserves drop by $266mn to $10.1bn
KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased $266 million to $10.096 billion, during the...
Stocks stay in green amid range-bound session
KARACHI: Indices of the Pakistan Stock Exchange (PSX) moved in a narrow range on Thursday, as the investors adopted a cautious approach...
Govt unveils economic survey, misses key targets
Agriculture sector posts 2.67pc growth, whereas industrial and services sectors shrink -2.64pc and -3.4pc, respectively
Govt adds Rs2.5tr to public debt in nine months
--Pakistan's external debt reached $110bn by end-MarchÂ
--Interest servicing consumed 40pc of the revenue collected in 9MFY20
ISLAMABAD: Although the Pakistan Tehreek-e-Insaf (PTI) government...
Rs30bn subsidy announced for Naya Pakistan Housing Project
ISLAMABAD: The government has announced a special package for the construction sector that includes an amnesty scheme, tax exemptions and a Rs30...
Govt to unveil federal budget tomorrow
Govt likely to set revenue target at Rs5.1tr for next fiscal year
ECC approves Rs480m risk allowance for healthcare workers
Committee also approves Rs22bn worth technical supplementary grants for different ministries and institutions
Pakistan cannot afford a lockdown, says SBP Governor Reza Baqir
KARACHI: Lockdowns are a luxury of the rich, and countries like Pakistan cannot afford them, according to the State Bank of Pakistan...
Auto manufacturers express reservations on import of used cars
ISLAMABAD: While importers of used cars in the country are reportedly lobbying for relaxation in import policy, local vehicle manufacturers and assemblers...
CPEC can add an extra 14pc to Pakistan’s GDP in ten years: World Bank
(Updated 01:51 PST)
ISLAMABAD: Mega projects like China's Belt & Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC) can prove to be...
Pakistan Post’s revenue surges by 110pcÂ
ISLAMABAD: Revenues for the state-owned Pakistan Post have gone by 110pc during the last year, the Minister for Communications Murad Saeed informed...
Stocks stage 261-point rally; index crosses 35,000 mark
KARACHI: After yesterday's lacklustre performance, indices of the Pakistan Stock Exchange (PSX) staged a rally on Wednesday, with the benchmark KSE-100 Index...
Rs96 billion dispersed to 1,320 companies through SBP’s refinance scheme: Reza Baqir
KARACHI: A total 1,320 companies have availed State Bank of Pakistan’s (SBPs) refinance scheme and a sum of Rs96 billion has been...
Economic Survey to be unveiled on Thursday
ISLAMABAD: The federal government is all set to unveil the pre-budget document, Economic Survey of Pakistan 2019-20 on Thursday June 11.Â
The document...