Toyota Indus Motor Company and Millat Tractors suspend production
LAHORE: The Toyota Indus Motor Company (IMC) and Millat Tractors Limited (MTL) have separately notified the Pakistan Stock Exchange (PSX) that they will be...
PKR gains 1.37 rupees against US dollar
ISLAMABAD: The Pakistani rupee appreciated against the US dollar on Wednesday and gained Rs1.37 bringing the interbank rate down to Rs219.75.
According to the data...
KE consumers likely to get some respite in electric bills
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday said that the price of electricity for K-Electric consumers can be reduced under the...
Govt to decide on importing from India after consulting with coalition partners: Miftah
ISLAMABAD: Finance Minister in a tweet on Wednesday said that more than one international agency has approached the govt to allow them to bring...
NEPRA scrutinizes Rs4.34 per unit hike in power tariff under FCA
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday scrutinized Rs4.34 per unit increase in the electricity price under the head Fuel Charges...
ECC approves summary to increase wheat reserves, orders more imports
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved a summary to maintain the country’s wheat reserves at 2 MMT in...
ECC orders disbursement of PKR 25,000 per household in flood affected districts
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed BISP to disburse PKR 25,000 per household in calamity affected districts.
The meeting of...
Govt to merge Kamyab Pakistan, Kamyab Jawan programmes
ISLAMABAD: The federal government has decided to merge the Kamyab Pakistan Programme (KPP) with the Kamyab Jawan Programme (KJP).Â
An announcement in this regard was...
MoF revises strategy to release funds for development budget
ISLAMABAD: The Ministry of Finance on Tuesday amended the strategy for releasing funds for the current fiscal year’s (FY23) development budget which deals with...
Pakistani rupee appreciates against US dollar after IMF approval
ISLAMABAD: The Pakistani rupee appreciated by almost three rupees against the US dollar in the interbank market on Tuesday morning mainly because the International...
IMF approves disbursement of $1.17bn for seventh, eight tranche
ISLAMABAD: The International Monetary Fund (IMF) has approved the revival of Extended Fund Facility (EFF) program for disbursement of $1.17 billion for seventh and...
PTI challenges Miftah to prove claim it leaked Jhagra’s letter to the IMF
ISLAMABAD: Pakistan Tehreek-i-Insaaf (PTI) former federal Finance Minister Shaukat Tarin and Khyber Pakhtunkhwa (KP) Finance Minister Taimur Khan Jhagra on Monday challenged Miftah Ismail...
Petrol price likely to go down for first half of September 2022
ISLAMABAD: The price of petrol is likely to go down in the range of Rs14 to 20 per litre while the price of High-Speed...
Miftah not honoring commitment for creating budget surplus, says Jhagra
ISLAMABAD: Finance Minister Khyber Pakhtunkhwa, Taimur Saleem Jhagra said on Monday that the finance minister is not honoring commitment made at the time of...
Govt allows immediate import of onions, tomatoes
ISLAMABAD:Â Federal government on Monday in view of massive damage to agriculture following the current devastating floods has allowed immediate import of major agricultural...
