Finance ministry seeks to calm inflation fears
'Change of weather and better supply of vegetables should decrease price pressure'
FFC reduces urea price by Rs300 per bag
Fauji Fertiliser Company (FFC) has reduced its urea price by Rs300 per bag, effective from 28 January 2020.
"The benefit of cut in...
Cotton arrival shows 20pc decline
LAHORE: As many as 8.487 million cotton bales reached the ginning industries across the country from Jan 15 till February 1, as...
Record inflation takes toll on stock market; KSE-100 plunges 1,221 points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed blood bath on the first trading session of the week, as the indices...
Virus fears wipe $393bn off China’s stock market despite govt support moves
SHANGHAI/HONG KONG: Investors erased $393 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about...
Faisalabad businessmen announce ‘complete traffic jam strike’ on Feb 10
FAISALABAD: The Joint Action Committee (JAC) of Faisalabad’s Trade & Industry has unanimously decided to observe a “Complete Traffic Jam Strike” against the...
FBR revenue increases 17pc in Jan; returns surge 40pc in 2019
ISLAMABAD: The Federal Board of Revenue (FBR) has released tax revenue collection figures for the month of January 2020 as well as...
Nosheen Javed to head FBR in Zaidi’s absence
ISLAMABAD: In the absence of the Federal Board of Revenue (FBR) Chairman Shabbar Zaidi, the federal government has appointed Member Admin Nosheen Javed...
PARCO refinery shuts down for 53-day maintenance
ISLAMABAD: Pak-Arab Oil Refinery Limited (PARCO) has shut down its refinery for approximately two months due to initiation of repair and maintenance...
Inflation jumps to record 14.6pc
–Highest recorded inflation since PTI took office in August 2018
–Analysts say inflationary pressure will ease in few months
KARACHI: The inflation rate has...
Chinese regions unveil credit support for virus-hit firms
BEIJING/SHANGHAI: Financial regulators in Guangdong province in southern China, Chengdu and Beijing have unveiled detailed measures to support firms hit by the coronavirus...
7MFY20: FBR shortfall clocks in at Rs103bn
ISLAMABAD: Shortfall in the Federal Board of Revenue's revenue during the first seven months of the current fiscal year (FY20) was recorded...
Petrol price remains unchanged for February
The government has decided to keep the price of petrol unchanged for the month of February.
The Oil and Gas Regulatory Authority (OGRA)...
Oil falls as virus outbreak shakes growth predictions
NEW YORK: Oil prices fell on Friday, on track for a fourth straight weekly loss, on mounting worries about economic damage from...
PSX no longer recognises AMCAP Securities
KARACHI: The Pakistan Stock Exchange (PSX) has cancelled the Trading Rights Entitlement (TRE) of AMCAP Securities Ltd, according to a statement released...