Finance minister, FBR discuss tax amnesty scheme, revenue generation

The minister urged the FBR to come up with measures to simplify returns filing, automated processes to enhance revenue generation.

IMF warns of rising risks to global growth amid trade tensions

WASHINGTON: The global economy is still expected to grow at a solid pace this year, but worsening trade confrontations pose serious risks...

Country’s weekly inflation decreases by 0.63pc

According to data released by the Pakistan Bureau of Statistics, the Weekly SPI for the combined group decreased by 0.63 per cent...

Centre finalises agenda for upcoming NFC meeting

'Provinces will be urged to give up a certain percentage of their share in the divisible tax pool' ISLAMABAD: As the meeting of...

‘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...

PSX chief fails to justify his involvement in foreign wealth company

Richard Morin was issued a show-cause notice for breaching the employment contract by simultaneously operating his own wealth management company Pakistan Stock...

US Dollar down to Rs148.7 in interbank market

The Pakistani Rupee gained some strength in the money market as the value of the US Dollar on Thursday further decreased by...

KSE-100 gains 131 points amid range-bound trading

KARACHI: The Pakistan Stock Exchange (PSX) managed to close another session in the green amid range-bound trading and low market turnover. Foreign...

Stocks extend gains with 553-point rally

KARACHI: The Pakistan Stock Exchange (PSX) carried forward its positive momentum for the third successive session, ending the day in the green zone...

Stocks bleed as KSE-100 plummets 785 points

KARACHI: Bears kept a tight grip on the Pakistan Stock Exchanged (PSX) on Monday, as the indices, which opened on a positive note,...

Bourse turns bearish, sheds 526 points

KARACHI: It was a tough day for the investors who saw the indices crumble at the Pakistan Stock Exchange (PSX) after two positive...
PTCL

PTCL’s net profit decreases 14.5pc to Rs6.3bn

LAHORE: The Pakistan Telecommunication Company Limited (PTCL) has posted PTCL Group and PTCL’s net profit at Rs2.4 billion and 6.3 billion, respectively. The...

Punjab finance minister discusses financial matters with Miftah Ismail

ISLAMABAD: Punjab Finance Minister Ayesha Ghaus Pasha had a meeting with Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Wednesday. The...

Market Daily: Indices bleed for six straight sessions, sheds 0.7 pc DoD

The index has now lost around 1,476 points or 3 per cent in the last six trading session.

Forex Update: Pakistan’s foreign reserves stand at $16.713bn

KARACHI: According to the State Bank of Pakistan (SBP), the total liquid foreign reserves of the country stand at $16.713 billion. According to...