FBR registers 17pc growth during April
ISLAMABAD: The Federal Board of Revenue (FBR)during the first ten months of the current financial year has recorded a provisional net revenue...
KSE-100 down 202 points amid bearish sentiment
KARACHI: Bearish sentiment surrounded the Pakistan Stock Exchange on the last trading session of the week, as the KSE-100 closed a volatile...
Market Daily: Bears take over again as PSX loses 354.57 points
LAHORE: The Pakistan Stock Exchange for the second consecutive day failed to make a mark. Â The indices shed gains from the beginning...
Bourse turns bearish, sheds 353 points
KARACHI: The Pakistan Stock Exchange retraced its footsteps following a weak finish to the previous session and traded lower throughout Wednesday. The...
‘Increase in debt stock can’t be termed as borrowing’, clarifies finance ministry
Refuting a media report, the ministry says an increase of around $1.7bn was recorded in govt's external debt during first seven...
Global economy to expand by 3.1pc in 2018, slower growth seen ahead
ISLAMABAD: Despite the recent slowdown, global economic growth will remain robust at 3.1 per cent in 2018 before lagging gradually over the...
No funds released for over 200 development projects in six months
ISLAMABAD:Â Despite allocations under the Public Sector Development Programme (PSDP), funds were not released for over 200 development projects in the first half...
Pakistan adopts roadmap towards cashless society despite challenges: report
ISLAMABAD: A roadmap has been brought in practice in the government's circles to take Pakistan towards a cashless society, Gwadar Pro Mobile...
Hike in petroleum prices will make life difficult for masses, says FPCCI
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s President Ghazanfar Bilour has said the second hike in the petroleum...
Dar chairs meeting to review country’s state of economy
ISLAMABAD
Finance Minister, Senator Mohammad Ishaq Dar, chaired a meeting at the ministry of finance on Monday, to review the external account position,...
APBF opposes tight monetary policy, suggests improved governance
Ibrahim Qureshi suggested the government to observe restraint while getting loans from commercial banks and improve governance to ensure 5.4 per cent growth target which has yet to be achieved.
MoIP proposes 55 developmental projects for PSDP 2018-19
ISLAMABAD: Ministry of Industries and Production has proposed 55 new projects for funding under Public Sector Development Programme (PSDP) 2018-19 in order...
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...
NBP briefs WB team on Pakistan’s financial sector dynamics
ISLAMABAD: A technical team of the World Bank visited the National Bank of Pakistan’s head office to discuss the dynamics of Pakistan’s financial...
Stocks fail to sustain gains amid selling pressure
KARACHI:Â After a relatively smooth start to the trading session on Tuesday, the Pakistan Stock Exchange (PSX) succumbed to selling pressure, closing the...