Blue-eyed officials ‘rule the roost’ in NEPRA
ISLAMABAD: Blue-eyed officials have been ruling the roost in the National Electric Power Regulatory Authority (NEPRA) allegedly in connivance with the top...
Minister apprises IMF delegation of power sector reforms
ISLAMABAD:Â A delegation of the International Monetary Fund (IMF), headed by it's Middle East and Central Asia Director Jihad Azour and mission chief...
KSE-100 lands in red amid volatility
KARACHI: Stocks failed to maintain the positive momentum of the previous session and landed in the red zone amid volatile trading on...
India gives companies $20.5bn tax break in bid to revive growth
PANAJI: India’s government slashed corporate taxes on Friday, giving a surprise $20.5 billion break aimed at reviving private investment and lifting growth from...
K-Electric reports Rs12.3bn profit for FY18
KARACHI: The Board of Directors of K-Electric Limited recently approved the company’s financial results for the year ended 30 June 2018.
During the...
Current account deficit contracts 55pc in two months
The current account deficit (CAD) has contracted by a massive 55 per cent in the first two months of the current fiscal...
Pakistan likely to surpass mango export target
ISLAMABAD: Pakistan has exported over 115,000 metric tonnes of mangoes so far this season, earning over $80 million in foreign exchange in...
OECD cuts global growth outlook to post-crisis low
PARIS:Â The trade war between the United States and China has plunged global growth to its lowest levels in a decade, the OECD...
Milan Fashion Week to showcase GB, Chitral handicrafts
ISLAMABAD:Â Impressed by the embroidery and design that is native to the women of the rural mountainous areas of Chitral, Kalash Gilgit and...
Three-day ’22nd Textile Asia’ exhibition to commence tomorrow
LAHORE:Â A three-day exhibition titled '22nd Textile Asia International Trade Fair' would commence from today (Friday) at the Lahore Expo Centre. The event...
SBP committed to ‘home-grown’ economic reforms, IMF told
'Volatility and uncertainty in the exchange market has subsided and the confidence is slowly improving'
'Inflationary pressures are expected to recede...
Oil prices rise as Saudi supply risks come into focus
LONDON: Oil prices rose sharply on Thursday, supported by supply risks as the market assesses the fallout from last weekend’s drone attacks on...
SBP reserves surge 138m to stand at 8.6bn
Pakistan's total liquid foreign reserves stood at $15.898 billion on September 13, a press release issued by the State Bank of Pakistan...
NEPRA trashes CASA-1000, urges govt to revisit power supply agreement
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has asked the government to revisit Central Asia-South Asia (CASA-1,000) electricity supply agreement, saying...
Stocks stage 628-point comeback rally
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) staged a strong comeback on Thursday, with the KSE-100 Index ending above the 32,000...