Non-payment of subsidy adding to fertilizer manufacturers’ woes

ISLAMABAD: As the next budget is likely to be announced by the end of April, the government has yet to fulfill the commitments...

Monetary policy for next two months to be announced today

ISLAMABAD: Economists have dubbed the devaluation of rupee against dollar a preface to  horrendous of inflation. The monetary policy for the next...

Pakistan has become a country of opportunity for German investors: Envoy

ISLAMABAD: Special Assistant to the Prime Minister on Revenue, Federal Minister and Senator, Haroon Akhtar Khan has said the resolve and sacrifices...

Miftah Ismail reviews performance of National Savings

ISLAMABAD: Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Thursday, chaired a meeting to review the performance of National Savings. National...

ECC allows OMCs to charge masses with Rs48 crore under custom duties

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has granted the approval to Oil Marketing Companies (OMCs) to charge the masses with...

APTMA sends budget proposals to finance minister

KARACHI: In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has said that the availability of electricity at regionally competitive prices is of...

Railways seeks Rs73bn for ongoing, new projects in next PSDP

ISLAMABAD: Pakistan Railways (PR) has proposed Rs73 billion for ongoing and new projects in the next Public Sector Development Programme (PSDP) for...

Market Daily: KSE 100 maintains position over 45,000

LAHORE: The Pakistan Stock Exchange (PSX) put up a confused show again on Tuesday. Indices swung on both sides in search of...

Abraaj contemplating to divest part of its investment business

DUBAI/ABU DHABI: Private equity firm Abraaj Group is considering selling part of its investment management business as it seeks to stem the...

Pakistan to be among top 50 of EoDB list by 2020

LAHORE: Provincial Finance Minister Dr Aisha Ghaus Pasha said that Pakistan aims to be among the top 50 countries on the Ease...

China to provide assistance for PIA, aviation industry

ISLAMABAD: Pakistan and China have mutually agreed on extending their bilateral relations and to work collectively for the betterment of Pakistan International...

Pakistan prepares to open banking channel with Iran

ISLAMABAD: While Pakistan remained cautioned and reluctant to increase trade ties with Iran during the past four years because of international trade sanctions...

Devaluation to hit poor, boost profits for influential sectors: PEW

ISLAMABAD: The Pakistan Economy Watch (PEW) on Monday said devaluation will increase the burden on poor, increase foreign debt and liabilities while...

ICAP calls on prime minister, stresses need for tax reforms

KARACHI: A delegation of Institute of Chartered Accountants of Pakistan (ICAP) led by its President Riaz A Rehman Chamdia called on Prime...

China to protect its trade interests amid rift with U.S.

BEIJING: The United States has openly disregarded trade rules with an inquiry into intellectual property and China will defend its interests, Vice...