Rupee regains Rs1.87 against greenback in inter-bank trading

But the bank officials firmly believed that SBP had intervened in the inter-bank market and the rupee’s recovery against the dollar was artificial and short-lived

Mystery shrouds Asad Umar’s resignation rumours

Finance Ministry statement rejects resignation news but admits that ‘healthy debates are a part of political culture’

 ECC to discuss shortage of Urea fertiliser today

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, which would be held under the chair of Finance Minister Asad Umar, is likely...

Byco share in Pakistan’s gasoline supply increases sevenfold

Company's gross sales increased by 61pc to Rs66.4 billion. KARACHI: Byco Petroleum Pakistan Ltd, Pakistan’s leading oil refining company, announced results for its...

Govt committed to providing uninterrupted gas to export industry

Petroleum minister says zero-industrial units will be given Rs25 billion subsidy on gas for three months LAHORE: Petroleum Minister Ghulam Sarwar Khan said...

Fake sellers dominate Pakistan’s e-commerce market

ISLAMABAD: The country's novice e-commerce or online industry is fast losing its customer base due to the involvement of fake and fraudulent entrepreneurs,...

Recession hits Pakistan’s tractor industry as bookings drop significantly

LAHORE: Two tractor-assembling plants are moving towards closure as tractor bookings dropped sharply by 70 per cent, it was learnt on Monday. Pakistan Association...

How well has the PTI performed on its 100-day agenda?

Most macroeconomic indicators have worsened since the Imran Khan Administration took office, but the party appears set to initiate some key economic reforms

NETSOL stock riding high after key wins in signing new clients

Pakistan’s only NASDAQ-listed company appears poised for faster growth after a recent spate of stagnation

Govt to create Special Economic Zone in Sialkot: Abdul Razzak Dawood

SIALKOT: The adviser to Prime Minister for Commerce, Textile, Industries, Production and Investment Abdul Razzak Dawood on Sunday, urged Sialkot’s exporters to try...

WAPDA decides to divert water supply to Satpara Dam

ISLAMABAD: With the Satpara Dam unutilised for years, the Water and Power Development Authority (WAPDA) has taken a decision to fill the dam...

PM lauds Power Minister Omar Ayub over steps against power theft

Prime Minister Imran Khan on Saturday congratulated Minister for Power Division Omar Ayub Khan and his ministry for taking steps against power...

Oil refineries fear shutdown amid rising fuel oil stocks

Pakistan oil refineries have warned the Ministry of Energy that rising fuel oil inventories, driven by the government’s shift to LNG-based power...

IDEAS 2018: Pakistan’s defence capabilities leave locals, foreigners in awe

KARACHI: The tenth International Defence Exhibition and Seminar (IDEAS 2018) started on November 27 and concluded on Friday. More than 200 delegations from...

Govt to reconstitute BoDs of oil and gas companies within 100 days

ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan said on Friday that the government has decided to reconstitute the board of directors (BoD) and appoint...