CCoP allows open bidding for 27 state properties
ISLAMABAD: Almost a year after the federal cabinet's decision to sell "unproductive properties", the Cabinet Committee on Privatisation (CCoP) has allowed open...
Bulls stage comeback as KSE-100 gains 474 points
KARACHI: After yesterday's brutal sell-off, trading session at the Pakistan Stock Exchange (PSX) began on a buoyant note on Tuesday, with the...
Textile policy likely to be approved on 15th
'Approval got delayed owing to PM's focus on sugar, wheat crises'
‘Operational challenges’: Qatar Airways suspends flights to China
Qatar Airways has taken the decision to suspend flights to mainland China from Monday (3 February) until further notice due to significant...
IMF concerned over expected change of face in FBR
--Officials say 'change in FBR admin may further reduce revenue collection'
--IMF delegates not happy with delay in appointments of financial advisers for...
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...