Stock market takes a hammering again, index sheds 308 points
KARACHI: Continuing with the declining trend, the Pakistan Stock Exchange (PSX) ended the last session ahead of holidays also in the red.
The indices,...
Plastic exports surge 34pc in FY19
ISLAMABAD: The export of plastic material from the country witnessed an increase of 33.9pc during the financial year 2018-19, as against the exports...
No action against traders till Sept 30: FBR
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Thursday held meetings with different groups of traders to discuss taxation-related issues.
"It has...
Gold price surges another Rs550
ISLAMABAD: The price of 24-karat gold jumped by Rs550 and was traded at Rs86,800 per tola, as compared to the last closing...
Govt extends export package to facilitate non-traditional items
ISLAMABAD: The National Assembly was informed on Thursday that government has extended the export enhancement package for another three years with the...
Italy to provide €20.5m for GB’s economic uplift
ISLAMABAD: Italy would provide €20.5 million to support economic transformation initiatives in Gilgit-Baltistan.
Economic Affairs Division Secretary Noor Ahmed and Ambassador of Italy in...
Amid political noise, KSE-100 drops below 30,000 mark
KARACHI: Shortly after the commencement of the session on Thursday, the worst fears of Pakistan Stock Exchange (PSX) investors became a reality when...
ECC constitutes committee to review cotton prices
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday chaired a meeting of the Economic Committee of...
UAE pulls WTO trade complaint against Qatar
ABU DHABI: The United Arab Emirates withdrew on Thursday a complaint it made to the World Trade Organization accusing Qatar of imposing discriminatory...
Govt to return over $10bn foreign debt in current fiscal year, NA told
ISLAMABAD: Economic Affairs Minister Hammad Azhar on Thursday informed the National Assembly that the government would return over $10 billion foreign debt during...
Abraaj’s Naqvi sentenced to prison in absentia by UAE court
DUBAI: Arif Naqvi, founder of defunct Dubai-based private equity firm Abraaj Group, was sentenced in absentia to three years in prison by...
FIA arrests more accused in IESCO billing fraud probe
ISLAMABAD: The Federal Investigation Agency's Anticorruption Circle (Islamabad) has arrested three more accused in the Islamabad Electric Supply Company (IESCO) billing fraud...
Suspension of bilateral trade to hurt India more
ISLAMABAD: Pakistan's decision to suspend bilateral trade with India is likely to cost New Delhi around $1.891 billion per year.
According to sources in...
‘Exports surge 14.2pc, imports drop 18.3pc in July’
PM's adviser says he will visit Afghanistan on 20th to share the agenda of bilateral trade
ISLAMABAD: Adviser to Prime Minister on...
Weekly SPI inflation increases 0.81pc
ISLAMABAD: The weekly inflation for the combined income group witnessed an increase of 0.81pc as compared to the previous week.
The Sensitive Price Indicator...