Foreign direct investment dips 46.4pc in four months
KARACHI: The country’s foreign direct investment (FDI) dipped by 46.4 per cent ($519.2 million) in July-October 2018-19 and stood at $600.7 million, as...
SBP mops up Rs91bn from market
KARACHI: The State Bank of Pakistan on Tuesday mopped up Rs91 billion from the money market for one day as repo sale...
Provinces brief Senate on IT plans, developments
ISLAMABAD: All four provinces on Tuesday briefed the Senate’s Standing Committee on Information Technology on the details of projects, development of services and...
Govt set to shock electricity consumers
–Govt decides to withdraw Rs146bn subsidy being given to domestic consumers
–Power Ministry proposes up to Rs20.70 per unit increase in price of...
IMF team to hold discussions on CPEC projects tomorrow
ISLAMABAD:Â As the policy level talks between Pakistan and International Monitory Fund (IMF) are underway, the IMF team is scheduled to visit the...
Pakistan, China urged to tackle global conspiracies by trading in local currencies
Chinese economist says Pakistan’s agricultural capacity should be utilised to stimulate growth
Former DG ISI affirms Pakistan is capable of withstanding...
‘Govt’s export-oriented policies will lead to speedy economic development’
PM’s advisor says second phase of Free Trade Agreement with China will be worked out till June 2019
LAHORE: The government is...
Govt to introduce new petroleum policy by month end
Petroleum minister says ten new exploration blocks will be presented to national and int’l companies through open bidding
ISLAMABAD:Â Petroleum Minister Ghulam Sarwar...
Newly-formed board vows to put USC on path of progress Â
ISLAMABAD:Â The Utility Store Corporation (USC) Board of Directors has showed its commitment to making USC a profitable organization according to vision of...
Govt plans to construct 19 dams for efficient water management
ISLAMABAD:Â Taking cognizance of the looming water crisis, the Pakistan Tehreek-e-Insaf (PTI) government is deliberating upon a policy to construct 19 dams, including...
CPPA proposes Rs0.64 per unit hike in power tariff
ISLAMABAD:Â Preparations are underway to drop another electricity bomb on the public after the Central Power Purchasing Agency (CPPA) on Monday proposed an...
ECC approves Rs17bn support package for PIA
Committee approves to raise fresh financing of Rs35.806bn for PHPL through a syndicate of banks
SSGCL directed to withdraw gas load...
FBR initiates online payment of refunds to exporters
The Federal Board of Revenue (FBR) has initiated online payments of sales tax refunds to exporters.
The FBR has released Rs8.70 billion to...
Singapore central bank chief warns of risks to data localisation measures
A number of other countries in Asia and elsewhere are pursuing data localization laws as they seek greater control over the internet
‘PM Imran to inaugurate Hyderabad Express on 15th’
Railways minister says decision to convert Railways Walton Academy into a university has been made
LAHORE:Â Railways Minister Sheikh Rasheed Ahmad on Saturday...