Profit rates on national saving schemes likely to rise on July 1
KARACHI: The profit rates are likely to be increased by half per cent on different national saving schemes.
As per sources, The National Saving Centre...
PSO demands Rs100 billion as defaults looms
ISLAMABAD: The country’s largest oil supplier Pakistan State Oil (PSO) has warned the government of its looming international defaults and has sought over Rs...
PSX closes 267 points lower amid dull trading
Cement sector lost 2.1pc after India imposed 200pc customs duty on all items imported from Pakistan
KARACHI:Â Investors preferred to stay away from the stock...
China slashes banks’ reserve requirements as trade war imperils growth
The reserve requirement cut, the fourth by the People’s Bank of China (PBOC) this year, comes as Beijing has pledged to expedite plans to invest billions of dollars in infrastructure projects as the economy shows signs of cooling further, with investment growth slowing to a record low
DISCOs seek periodical adjustments in consumer-end tariff
ISLAMABAD: Power distribution companies (DISCOs) including IESCO, FESCO and LESCO has sought from the National Electric Power Regulatory Authority (NEPRA) to approve adjustments in...
Election 2018: Political parties release specific plans for CPEC
ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos featuring their...
Stock market bleeds as US dollar reaches record high
KSE-100 index sheds 804.5 points on Friday, 1,700 points in week
KARACHI: Continuing with its declining trend, the Pakistan Stock Exchange (PSX) ended the...
Senate body to consider modalities for implementing special tax relief regimes
ISLAMABAD: The Senate Standing Committee on Finance, Revenue and Economic Affairs is all set to consider the issues of modalities for implementation of Tax...
Budget is being prepared to trap next government in financial difficulties: expertsÂ
ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double deficits and...
India’s economic growth rises to 8.2 pc, highest in last 8 quarters
MUMBAI: India’s economy grew at a stunning 8.2 per cent in the first quarter of the 2018-19 financial year, official data showed Friday, as it...
Rasheed woos investors, says railways is ‘open for business’
ISLAMABAD: Newly-appointed Railways Minister Sheikh Rasheed on Monday said he will need at least four months to bring Pakistan Railways "back up on its...
Government agrees to not borrow from SBP
ISLAMABAD: As the third round of talks between the Pakistan government and the IMF came to an end on June 9, it was agreed...
SBP grants in-principle approval to Finja to operate as EMI
LAHORE:Â Finja, the trailblazing Pakistani fintech behind the popular SimSim mobile wallet launched in partnership with Finca Microfinance Bank, has announced that it has received...
Weekly SPI inflation increases by 0.18pc
According to data released by the Pakistan Bureau of Statistics, the Weekly Sensitive Price Indicator (SPI) for the combined group increased by 0.18 per...
Over 24pc growth in gross revenue registered during Jul, Aug: FBR
ISLAMABAD
The Federal Board of Revenue (FBR) claims that over 24 per cent growth in collection of gross revenue has been registered in the first...
