SBP reserves drop $386m to $13.01bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell 2.88pc on a weekly basis, according to data released...

Sweden to invest in CPEC, SEZs

ISLAMABAD: Swedish investors, on the invitation of the Federation of Pakistan Chambers and Commerce and Industry (FPCCI), has accepted to join the...

Bulls stage comeback as index gains 307 points

KARACHI: After a lacklustre performance in the previous session, the Pakistan Stock Exchange (PSX) rallied on Thursday, with the indices posting gains...

Govt announces Rs1.95 per unit hike in power tariff

Minister cites decisions made by former PML-N govt as reason for tariff hike

KP govt approves Rs5bn for construction of Kalam-Kumrat Road

SWAT: Swat Deputy Commissioner Junaid Khan said on Thursday that an amount of Rs5 billion has been allocated for the construction of...

LESCO assures textile industry of uninterrupted supply

APTMA suggests grid ceiling to be enhanced from 5MW to 6.5MW for B3 industrial consumers

Current account turns from surplus to deficit

Pakistan’s current account balance recorded a deficit of $662 million in December 2020 after remaining in surplus for a record period of...

OGRA lifts years long new licence ban on CNG stations

The Oil and Gas Regulatory Authority (OGRA) has lifted a 12 year long ban on the issuance of new licences for the...

Reckitt Benckiser awards $7.5m media account to Blitz Advertising

KARACHI: Following a media review which began in September 2020, Reckitt Benckiser has selected Blitz Advertising as its new media agency to...

FBR directs field formations to furnish details of Tier-1 retailers

ISLAMABAD: The Federal Board of Revenue (FBR) has directed its field formations to furnish the details of Tier-1 retailers integrated with Point...

CCLC approves Right of Way for installation, maintenance of telecom equipment

ISLAMABAD: The Cabinet Committee for Disposal of Legislative Cases (CCLC) has approved 'Public and Private Right of Way Policy Directive' for installation,...

SSGC extends CNG stations closure as gas crisis deepens

KARACHI: The Sui Southern Gas Company (SSGC), which had earlier announced the opening of CNG stations at 8:00am from Thursday (tomorrow), has...

Punjab revenue collection up 9pc despite Covid-19 challenges: minister

GST collection surges 45pc YoY in 1st half of FY21

SBP defers Rs657bn repayment under refinancing scheme

KARACHI: Under the refinancing scheme for protecting businesses from the impact of Covid-19, the State Bank of Pakistan (SBP) has so far deferred...

MoC approves Rs213m DLTL refunds for non-textile sector

Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Wednesday that an amount of Rs213 million has been...