SC questions payment of salaries to PSM employees despite closure
ISLAMABAD: The Supreme Court (SC) on Thursday, while hearing a case pertaining to the privatisation of Pakistan Steel Mills (PSM), questioned the...
Oil falls, Brent crude drops 8pc after Trump surprises with travel curbs
NEW YORK: Oil prices fell, with Brent crude sliding 8pc on Thursday after US President Donald Trump unexpectedly announced restrictions on travel...
Establishment of National Tax Council approved to harmonise GST
ISLAMABAD:Â As suggested by the International Monetary Fund (IMF), the centre and provinces have finally agreed to establish a National Tax Council (NTC)...
Farmers urge govt to increase wheat support price to Rs1,600
'Instead of providing relief to rain-affected farmers, govt announced Rs20bn subsidy for rich millers'
SBP reserves up $32m to $12.8bn
KARACHI:Â Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $32 million to $12,789.9 million during the week ending...
Foreign divestment in T-bills reaches $607m
KARACHI:Â Total gross divestment during March 2020 reached $606.5 million, according to data released by the State Bank of Pakistan (SBP).
Foreign investors divested...
Railways suffer Rs410m loss Â
ISLAMABAD:Â Pakistan Railways had suffered over Rs410 million in terms of losses in various train accidents between August 2018 and December 2019.
About the...
Bloodbath at PSX; index plummets over 1,700 points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed bloodbath on Thursday, as the indices nosedived right from the word go, triggering...
Trading at PSX halted for 45 minutes as index falls 1,324 points
KARACHI:Â After witnessing Black Monday, the Pakistan Stock Exchange (PSX) once again witnessed another bloodbath on Thursday and was closed for 45 minutes...
Stocks, crude oil hammered after Trump bans travel from Europe
Equities and oil prices fell through the floor again on Thursday after Donald Trump banned all travel from Europe to the US...
Car sales decline 43pc in eight months
ISLAMABAD:Â The sale of cars during the first eight months (July-Feb) of the current fiscal year (FY20) decreased to 79,537 units, as compared...
Dollar continues to rise, reaches Rs158.4 in interbank market
KARACHI:Â The rupee witnessed its third successive day of decline on Wednesday, as it settled at Rs158.42 per dollar after the greenback gained...
SBP raises Rs323.4bn from T-bill auction Â
KARACHI:Â The State Bank of Pakistan (SBP) has reported that the government raised Rs323.4 billion through T-bills, against the auction target of Rs350...
IT ministry only utilised 52pc of its annual budget, Senate body told
--PTCL pensioners' non-payment case remains unresolved
--11 ministries still at level-0 of e-Office Project, face high risk of cyber attacks
ISLAMABAD: The Senate's Standing...
FBR asked to address ‘undue delays’ in sales tax refunds
Exporters demand restoration of zero-rated regime, as 'textile sector is facing serious cash flow issues'