Strong manufacturing base key to 7pc growth rate, says Haroon Akhtar

ISLAMABAD: Special Assistant to the Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said the government is aware of the need...

Market Daily: KSE 100 index down 154.79pts, settles at 46,331.71

LAHORE: After meandering through the red during most part of yesterday’s session the 100 Index closed down 154.79 points (-0.33 per cent)...

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...

FBR chairman says amnesty scheme last chance to legalise undeclared assets

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Tariq Mahmood Pasha, visited the Islamabad Chamber of Commerce and Industry (ICCI) and urged upon...

Dollar rises to 128.75 as Rupee devaluation persists

KARACHI: The devaluation of the local currency against the US dollar continued in the interbank market on Tuesday as the greenback soared...

China plans $60 billion tariffs on US goods in trade blitz

BEIJING/SINGAPORE: China proposed retaliatory tariffs on $60 billion worth of US goods ranging from liquefied natural gas (LNG) to some aircraft on...

Much detail, little progress in US-China talks, sources say

BEIJING/WASHINGTON: U.S-China trade talks this week were heavy on details but short on progress as US negotiators outlined cases of American firms harmed...

HBL leads implementation of CPEC projects in Pakistan

HBL is the largest bank in Pakistan and has been at the forefront in the development of China Pakistan Economic Corridor (CPEC)....

NEPRA grants license for 11.80MW hydel power plant in KP

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has granted the power generation licence to Pakhtunkhwa Energy Development Organization (PEDO) for its 11.80MW...

Reconstituted NFC agrees to divide resources in line with 18th Amendment

–Centre, provinces complain about being under-resourced –Six sub-committees to handle differences between centre, provinces –Provinces to be part of the dialogue with IMF on...

Asian markets tumble on trade tensions

Asian stocks largely fell on Tuesday, reversing early gains on a bargain-hunting push by investors, as global trade tensions continued to weigh...

Bears return as KSE-100 drops 314 points

KARACHI: After posting gains for two consecutive sessions, the Pakistan Stock Exchange (PSX) once again went under the control of bears, as the...

Market Weekly: Rupee strengthens, PSX up 3.3pc

Positivity prevailed at the Pakistan Stock Exchange (PSX) in the outgoing week with the KSE-100 Index gaining 1,014 points or 3.3pc to...

KSE-100 down 102 points as investors await FATF outcome

KARACHI: Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Tuesday, as the investors remained anxious ahead of the Financial Action...

OGDC’s profit falls 20.5pc to Rs42.2bn in 1HFY21

KARACHI: Net profit of the Oil and Gas Development Company Limited (OGDC) declined 20.5pc YoY to Rs42.2 billion during the first half (July-Dec)...