Financial sector expanded 11.7pc in 2019: SBP
SBP issues Financial Stability Review CY19, notes increase in forex reserves, stabilisation in market-based exchange rate and contraction in fiscal deficit
Oil falls on growing fears of coronavirus second wave
LONDON: Oil prices fell on Monday as new coronavirus infections hit China and the United States, adding to concerns that a resurgence...
Minister stresses ‘value addition, branding’ to enhance mango exports
'Mango exports may reduce this year due to an increase in air cargo charges by PIA'
Stocks shed 786 points as budget fails to lure investors
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bloodbath in its first session after the announcement of the federal budget, with the...
PM Imran says no to complete lockdown in Punjab
–PM says Pakistan can't afford a complete lockdown, warns of action against SOPs violation
–Says people are not taking Covid-19 seriously, 'they think...
Wall Street marks worst week since March selloff
NEW YORK: US stocks ended the last trading day higher as bargain hunters stepped back into the market following sharp losses a...
Balochistan reopens restaurants, hotels despite rise in Covid-19 cases
QUETTA:Â While observing that the coronavirus cases in Balochistan may reach 100,000 by mid-July, the provincial government on Saturday allowed restaurants and hotels...
KP traders irked by ‘mismanagement’ at Pak-Afghan border
PESHAWAR: Despite the federal government's permission to open Pak-Afghan border crossings at Torkham and Chaman, Afghan transit trade and export vehicles aren't...
Arif Naqvi stole $385m from Abraaj, liquidators claim
LONDON: Liquidators overseeing Abraaj Group’s insolvency now estimate Chief Executive Officer (CEO) Arif Naqvi’s alleged theft to have cost the firm $385...
PSMA directed to provide sugar to USC at Rs63 per Kg
Sugar will be available to non-commercial consumers at Rs70 per kg
Govt urged to announce ‘five-year export policy’ to end uncertainty
LAHORE: The All Pakistan Textile Mills Association (APTMA) has urged the government to immediately announce the 'five-year export policy' in order to...
Stock market players view federal budget as ‘underwhelming, unexciting’Â Â
KARACHI: Considering how the budget is an important day for the Pakistan Stock Exchange (PSX) due to the impact announcements have on...
Govt plans to obtain Rs2.17tr foreign loans in FY21
Rs1.22tr to be spent on repayment of loans already taken
Govt unveils Rs7.3tr ‘tax-free’ budget for FY20-21
–Health budget increases by 130pc; defence budget goes up by 11pc; education sector allocation increases by 7.9pc
–GDP growth target set at 2.1pc...
Stocks plunge 517 points in pre-budget session
KARACHI: Bears took control of the Pakistan Stock Exchange (PSX) on Friday, as the investors adopted a cautious approach ahead of the...