Investment in premium bonds surges 192pc: SBP

Investment into premium prize bonds of Rs40,000 denomination increased sharply by 192pc, the State Bank of Pakistan (SBP) said on Wednesday. The SBP's...

Cement sector posts 10.6pc growth in November

ISLAMABAD: The domestic cement despatches increased 5.11pc to 3.538 million tonnes, while exports surged 43.53pc to 0.808 million tonnes in November 2019. The...

Malik Riaz agrees for £190m settlement with UK investigators

'The assets will be handed over to the Pakistani government'

PM says Digital Pakistan will unleash full potential of youth, women

Project will be headed by Tania Aidrus, a former Google employee

FBR to tighten noose around sugar manufacturers

Revenue board deputes officers to investigate tax evasion in sugar sector

Chinese investors willing to invest upto $2bn in PSX but Chinese capital controls a hurdle

KARACHI: Chinese investors have shown interest in investing some $2 billion in the Pakistan Stock Exchange (PSX). “Small Chinese stockbrokers having $52 billion...

Bears return as KSE-100 sheds 335 points

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) seemed exhausted on Tuesday, as the indices, which opened on a positive note, failed...

Proposals regarding duty-free import of hybrid cars opposed

ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resources Development (MOPHRD) recently made a controversial proposal, allowing the overseas Pakistanis to import...

Egyptian tycoon eyes big investment in Pakistan

Naguib Sawiris calls for removal of bureaucratic hurdles, says his company ready to help govt build five million houses

Mukesh Ambani gears up to buy Air India

The BJP government is all set for a second attempt to sell India's national carrier Air India and Mukesh Ambani-led Reliance Industries...

FBR fails to meet revenue target as deficit reaches Rs214bn

Shabbar Zaidi says revenue collection in 5MFY20 is 17pc higher compared to last year

Cotton shortfall of 7 million bales expected; NA committee told

ISLAMABAD: The government has stated that there would be a shortfall of 7 million bales of cotton as total production is now...

CPI inflation at a nine-year high, IMF predicts further hike

LAHORE: Inflation has risen to 12.7 per cent year on year due to an increase in prices of food items according to...

Moody’s upgrades Pakistan’s outlook to ‘stable’, affirms B3 rating

As a sign of improving economy, Moody’s Investors Services have upgraded the country’s outlook from ‘negative’ to ‘stable’, reaffirming the country’s rating...

FBR directed to expedite sales tax refund process 

Hafeez Shaikh gives FBR one week to simplify the H-form for exporters seeking refund claims

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