Government lacks legitimacy to announce budget this month: experts

ISLAMABAD: As the government has decided to announce the budget for next financial year 2018-19 by the end of this month, experts...

CPI surges by 3.2pc in March

KARACHI: The Consumer Price Index (CPI) has surged by 3.2 per cent on a year-on-year (YoY) basis in March 2018, as compared to...

Pakistan, promise unfulfilled

Established as far back as the middle of the nineteenth century, 1860 to be precise, the Overseas Investors Chamber of Commerce and...

Pakistan not ready to reap full benefits of CPEC

LAHORE: The commander of Lahore corps Lieutenant General Aamer Riaz, stressed the need to remodel institutions in order to get the maximum benefits...

FBR registers 16pc growth in first 9 months 

ISLAMABAD: During first nine months of the current financial year, the Federal Board of Revenue (FBR)  has recorded a provisional net revenue collection...

Pakistan amongst best performers, up by 12pc on MSCI, says report

LAHORE: Despite political and external pressures, Pakistan has recorded a surge of 12 per cent on the MSCI index and 6 per...

Government chooses Rana Afzal to present upcoming budget in NA

ISLAMABAD:  State Minister for Finance and Economic Affairs Rana Afzal Khan will deliver the last budget of the current government in the National Assembly,...

Market unshaken despite external woes, gains 13pc QoQ

LAHORE: Despite depleting foreign exchange reserves, Pakistan equities continued its positive trajectory for third consecutive week, gaining 530 points (+1.2 per cent)...

Karandaaz Pakistan to invest Rs80 million in women-led financial tech startups

KARACHI: Karandaaz Pakistan on Friday stated it is considering investing Rs80 million in women-led financial technology entities. Its chief executive officer Ali Sarfaraz...

SBP’s monetary policy committee maintains interest rate at 6pc

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) has decided to maintain the benchmark interest rate at 6...

ACCA hosts thought leaders at ‘Pak Leadership Conversation’

ISLAMABAD: The Association of Chartered Certified Accountants (ACCA) is one of the world’s most forward-thinking global bodies of professional accountants, supporting its...

QASPL to be privatised despite NAB’s inquiry into alleged corruption

ISLAMABAD: The government of Punjab is still proceeding aggressively to privatise Quaid-e-Azam Solar Power Ltd. (QASPL) despite the institution being under investigation by...

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...

Soneri Bank to raise Rs4 billion TFCs to bolster capital requirements

LAHORE: A stock market notification sent to the bourse Friday by Soneri Bank disclosed that it was going to raise Rs4 billion...

Common standards for SAARC countries on food items approved

LAHORE: South Asian Association for Regional Cooperation (SAARC) nations have approved harmonised and uniform standards for three food items. While the final common...