IMF team to evaluate Pakistan’s 2nd quarter progress from Feb 3

--A detailed review of NEPRA Act on the cards --FBR likely to request up to Rs150bn reduction in revenue target ISLAMABAD: The International Monetary Fund...

Compliance with FATF not to hurt CDNS business: MoF

Clarifying a recently published media report titled 'National Savings and FATF', the Ministry of Finance has claimed that the contents of the...

KSE-100 drops 93 points ahead of monetary policy announcement

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a lacklustre start to the trading week, as the indices, after swinging in...

Forget policy rate cut: is a hike likely?

As most research houses predict an unchanged interest rate, few individuals see a possible hike

Pakistan imports 24,300 tonnes of cotton yarn in six months

Govt urged to help farmers increase cotton production area and per-acre yield 

Premature to speculate on FATF decision, says minister

Economic Affairs Minister Hammad Azhar, who led the Pakistani delegation during the three-day talks with the Financial Action Task Force (FATF) in...

New US curb on Huawei in limbo amid pushback from Pentagon

WASHINGTON: The US Commerce Department has withdrawn a rule aimed at further reducing sales to China’s Huawei Technologies amid concerns from the...

Garment exports surge 12.8pc in 1HFY20

ISLAMABAD: The export of readymade garments during the first half of the current financial year witnessed an increase of 12.08pc as compared to...

Weekly inflation drops 0.4pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation (as on January 23) for the combined consumption group decreased by 0.40pc as compared to...

Oil drops more than 2% on China virus fears

NEW YORK: Crude prices fell more than two percent on Friday, heading toward $60 a barrel and a steep weekly decline over...

Agreement to develop Rashakai economic zone signed

ISLAMABAD: A Chinese company has agreed to undertake development work at Rashakai Special Economic Zone (SEZ), Gwadar Pro App reported. In this regard, China...

PRA registers over 15,000 businesses under STS

LAHORE: The registration of new businesses in Punjab under the Sales Tax on Services (STS) regime has posted a sharp increase during the...

PIA no longer a defaulter

KARACHI: The Pakistan Stock Exchange (PSX) on Friday announced that it has removed Pakistan International Airline (PIA) from its defaulters' segment. The national...

Oil falls below $61, heads for weekly loss on China virus concerns

LONDON: Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in...

Summary advocating uniform gas tariff for zero-rated industry postponed

LAHORE: Even after the introduction of regionally competitive gas price at $6.5/mmbtu (Rs1,000/mmbtu), the textile millers of Punjab are facing serious competitiveness issues...

Popular News

Shahid Salim Khan assumes charge as OGDCL’s MD

Shahid Salim Khan on Monday assumed his charge as the managing director (MD) and chief executive officer (CEO) of Oil and Gas Development Company...

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Shahid Salim Khan assumes charge as OGDCL’s MD

Shahid Salim Khan on Monday assumed his charge as the managing director (MD) and chief executive officer (CEO) of Oil and Gas Development Company...