Cellular companies seek permission to launch 3G/4G in AJK, GB without auction
ISLAMABAD: As the auction process of 3G/4G internet services in Gilgit-Baltistan (GB) and Azad Jammu Kashmir (AJK) has been in limbo for years, cellular...
Govt to allow opening of industrial units with confirmed export orders
ISLAMABAD: The government has decided to allow the opening of industrial units with confirmed export orders, sources revealed on Friday.
According to details, the Ministry...
Weekly inflation falls 0.44pc
Inflation drops to 8.2pc following a decline in food prices
Stocks gain 195 points in volatile session
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile session on Friday, with the benchmark KSE-100 Index making a swift recovery after early tremors.
Foreign...
Rate of inflation for essential items falls: Asad Umer
Federal Minister for Planning and Development Asad Umar has said the rate of inflation for essential products has fallen to less than half in...
Gold hits 1-month peak fuelled by Fed’s new stimulus measures
“Gold's rallying because this monetary largesse will eventually have to be repaid and that payment may come as sudden higher inflation somewhere down the...
Oil prices fall sharply as top producers hold key talks
Oil prices fell sharply Friday as top producers attempted to finalise a crucial agreement on output cuts in a bid to counter a collapse...
Asian markets mixed after Fed stimulus boosts Wall Street
The Asian markets were mixed in morning trade on Friday after the latest US coronavirus stimulus measures boosted Wall Street overnight.
In its latest attempt...
FBR proposes ‘electronic fiscal devices’ for integrated enterprises
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed the installation of electronic fiscal devices for integrated enterprises.
The tax department on Thursday issued the...
Foreign outflows reach $292m in April
KARACHI: Total gross divestment during April 2020 has reached $292 million, according to data released by the State Bank of Pakistan (SBP), in an...
SBP reserves drop $463m to $10.7bn
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $463 million to $10,722.5 million during the week ending April...
PRCS, Humanetek settle dispute over mobile app Â
The Pakistan Red Crescent Society (PRCS) and Humanetek have amicably resolved their dispute over a mobile application and wished success to each other in...
Experts suggest duty-free import of sugar to curb cartelisation
LAHORE: Economic experts have recommended the government to lift the ban on sugar imports (allow duty free imports) and let the market decide the...
Bulls regain control as KSE-100 accumulates 866 points
KARACHI: Bulls helped the Pakistan Stock Exchange (PSX) recover losses accumulated in the previous session, with the benchmark KSE-100 Index crossing the 32,000-mark intraday.
According...
OPEC, allies to consider output cut after price crash
Top crude producers will hold a crucial teleconference on Thursday to discuss a possible cut in output after a collapse in demand caused by...
