Zubair highlights ‘failed govt policies’, laments rise in inflation
'Oil prices have gone down more than 20pc since PTI has come in power. Why then the doubling of inflation?'
Former Sindh...
Malaysia’s edotco keen to enhance operations in Pakistan
ISLAMABAD:Â Malaysian firm 'edotco Group' on Thursday expressed its commitment to transforming the telecommunications landscape of Pakistan.
Briefing the media about the future investment...
PM inaugurates ‘Pakistan Banao Certificate’ scheme for overseas Pakistanis
PM vows that under his government, the Pakistani diaspora will feel proud to hail from the country
Says an IMF bailout...
PSX overcomes early tremors to close in green
Trading volumes improved significantly from 125m in the previous session to 239.5m
KARACHI:Â After early morning bumps, the Pakistan Stock Exchange (PSX) managed...
DFID chief lauds govt for stabilising macroeconomic imbalances
ISLAMABAD: UK's Department for International Development (DFID) Chief Economist Rachel Glennerster called on Finance Minister Asad Umar on Wednesday.
Glennerster appreciated the measures...
Rs1.42bn released for Finance Division in seven months
Rs200m released for Gwadar Development Authority, Rs344.8m for Greater Karachi Sewerage Plant, Rs112.4m for Cadet College (Kharan)Â
ISLAMABAD:Â The government has released around Rs1.424 billion...
SBP releases first quarterly report on state of economy
'With foreign investments declining on a yearly basis and external borrowing by the private sector remaining subdued, the financial inflows proved...
Stock market gains 155 points amid low volume
KARACHI:Â Investors returned after the weekend with optimistic sentiments. Indices swung in both directions in the absence of a trigger while volumes remained...
PTI govt foregoes Rs125b to textile, fertilizer, power industries
---Previous govt had missed its actual GIDC collection target by an average 56pc
ISLAMABAD: The incumbent government has forgone approximately Rs125 billion to...
Orient Power Co all set to pay off SNGPL’s Rs800m in major ‘power’ war
ISLAMABAD: Orient Power Company (Private) Limited is ready for an out-of-court settlement with Sui Northern Gas Pipelines Limited (SNGPL) to clear approximately...
Razak Dawood instrumental in shaping business-friendly mini-budget
ISLAMABAD: Unlike the previous ministers of commerce and industry, Prime Minister’s Adviser on Commerce Abdul Razak Dawood has proved to be highly...
Asad Umar to chair first NFC meeting on Feb 6
ISLAMABAD:Â The first meeting of the reconstituted 9th National Finance Commission will be held in Islamabad on February 6 with Finance Minister Asad...
Etihad hires turnaround expert as it weighs Jet Airways bailout
Executives from Alvarez & Marsal are camped in Jet Airways' offices in Mumbai and are taking stock of the airline's operations...
‘Govt’s reform package to promote domestic supply, reduce imports’
Finance minister says usual negotiations with IMF currently underway, but 'govt will only take decisions that benefit economy'
ISLAMABAD: Finance Minister Asad...
Wall Street hit again by growth worries; blue-chip earnings prop up Dow
The S&P 500 and the Nasdaq dropped on Wednesday as U.S. stocks gave up a strong start, hamstrung by lingering concerns over...