Rupee continues to tumble, down 3.1 per cent

It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.

14 banks to remain open this weekend to facilitate Hajj applicants

In order to facilitate the aspiring pilgrims in depositing Hajj applications, the State Bank of Pakistan (SBP) has directed 14 designated banks to open...

PSX plummets 785 points as geopolitical tensions escalate

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed bloodshed on Tuesday, as the geopolitical tensions between India and Pakistan kept the market volatile.The KSE...

ADB, Pakistan sign $75m loan agreement to upgrade Mardan-Swabi Road

The Asian Development Bank (ADB) and the Government of Pakistan have signed a loan agreement for $75 million to widen and upgrade 42 kilometers...

Money launderers deserve no concession, maintains PM

–PM reviews steps to counter money laundering, financial corruption–Six banks fined Rs 247m over fake bank accounts: SBP–Foreign remittances up by 12.5pc after govt incentives, PM...

SNGPL launches crackdown against gas theft

Sui Northern Gas Pipeline Limited has launched a crackdown against gas theft. In this connection, a press conference was organised at SNGPL Head Office...

Pakistan’s biggest state run retail chain inching towards privatisation

ISLAMABAD: Pakistan's biggest state-run retail chain, Utility Stores Corporation (USC)- which is currently facing a decrease in sales, closure of large number outlets and layoffs...

Huawei breaks price ceiling with $2,600 folding 5G smartphone

BARCELONA: Huawei Technologies unveiled a $2,600 folding smartphone on Sunday which it said was primed for next generation 5G mobile connections, even as the...

$1bn Chinese investment in social sector expected to be announced

ISLAMABAD: A team of Chinese experts is scheduled to visit Pakistan this week which is expected to announce and investment of over $1 billion in...

Samsung announces folding phone with 5G at nearly $2,000

All of the Galaxy series of rigid phones except the 5G will be available from March 8, with the S10+ priced from $1,000, the S10 priced from $900 and the smaller S10e from $750.

Pakistan’s fiscal deficit soars to 1.03tr in six months 

Govt struggles to restrict the budget deficit despite introducing two mini-budgets in last six months Country’s expenditures stood at Rs3.36tr (8.7pc of the...

Prince to launch new 800cc car

The car is expected to be priced around Rs0.7 to Rs0.75 millionRegal Automobiles Industries Limited is ready to shake the local auto market...

Manshas dominate highest taxpayers’ list for 2018

Prime Minister Imran Khan on Wednesday recognised Mian Hassan Mansha, Mian Umer Mansha and Mian Raza Mansha, sons of leading businessman Mian Muhammad Mansha,...

NEPRA approves Rs1.8 per unit power tariff hike

The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs1.80 per unit in the tariff for all power distribution companies for...

Pakistan’s top executives, govt, discuss growth, investment & technology

Top executives from local and international private organisations as well as senior representatives from the government joined in the discussions

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PM Imran says no to dollar at SCO

PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank  Says Organisation needs to advance goals of peaceful...

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