Exchange companies exploit general public with Eid up ahead

During the outgoing week, currency dealers have been earning Rs7 to Rs9 per dollar by buying US currency as low as Rs114-117 per dollar and selling the same at Rs122-123.

Wall Street eyes more gains from Apple, its $1 trillion stock

NEW YORK: Shares in Apple Inc edged higher on Friday but stayed close to the $1 trillion valuation milestone the iPhone maker reached...

Focus on youth development to realise economic potential, says ICCI

ISLAMABAD: Mayor Bahawalpur Aqeel Najam Hashmi visited the Islamabad Chamber of Commerce and Industry and held a meeting with President Sheikh Amir...

Furniture worth $3.858m exported in FY 2017-18

ISLAMABAD: Furniture worth $3.858 million has been exported during the fiscal year 2017-18, as compared to the exports of $4.5 million of...

Possible IMF bailout to increase cost of doing business, deny PTI’s economic agenda

According to economists, the next program of the IMF, if secured by Pakistan, will accompany stringent terms and conditions which could be included the increase the price of electricity, gas and other utility services

PTI earmarks $2 billion for e-governance systems

The incoming government in its manifesto said it intends to create 10 million jobs over the course of next five years

Govt raises inspection fee for LPG installations

New rules devised by the Department of Explosives of the Ministry of Industries and Production (MoIP) has seen the hiring of its own third-party inspectors aside those Oil and Gas Regulatory Authority (Ogra) has

Financial sector resilient despite tightening of macro-financial conditions: SBP report

KARACHI: The State Bank of Pakistan (SBP) has issued its flagship annual publication (Financial Stability Review, FSR) for the calendar year 2017...

E&P companies to drill 90 wells in current fiscal year

ISLAMABAD: During the current fiscal year, oil and gas Exploration and Production (E&P) companies are to drill 90 wells in different areas...

Jazz offers customers direct carrier billing for purchases on Google Play

KARACHI: Jazz customers can now purchase apps and make in-app purchases from Google Play using their mobile balance or postpaid bill. This direct...

Cement despatches grow by 5.10 per cent

Despite the disruption caused by the General Elections, the sector posted 5.10 per cent growth in July.

Oil edges lower as supply concerns return

Brent crude futures were down 17 cents, or 0.2 percent at $73.28 a barrel by 0232 GMT, after rising 1.5 percent on Thursday.

Urea prices surge to Rs1,800 per bag, as supplies dwindle

During the last nine months, the prices of urea have risen by Rs450-550 per bag from Rs1,250-Rs1,300 per bag

PTI govt to start construction of TAPI pipeline

The government-owned Inter-State Gas Systems is responsible for executing all oil and gas pipeline projects

Finance Minister chairs NEC meeting to outline steps for FATF action plan

ISLAMABAD: Finance Minister, Dr Shamshad Akhtar chaired a meeting of the National Executive Committee (NEC) here on Thursday. NEC is a high-level body established to...