Pharma exports up 8.6pc in five months
ISLAMABAD:Â The export of pharmaceutical products during the first five months of the financial year 2019-20 grew by 8.66pc as compared to the...
NAB won’t nab you now, PM Imran assures businessmen
PM says amended NAB Ordinance will insulate business community from accountability watchdog
KSE-100 drops 279 points in volatile session
KARACHI: Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Friday, with the KSE-100 Index failing to sustain gains and closing...
NEPRA approves Rs1.56 per unit hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs1.56 per unit increase in the power price on account of fuel...
‘Saudi-Kuwaiti accord paves way for resumption of oil production’
DUBAI:Â Saudi Aramco said on Wednesday a new agreement between Saudi Arabia and Kuwait paves the way for the resumption of oil production...
Trump says he and Xi will sign China trade deal
PALM BEACH: US President Donald Trump said he and Chinese President Xi Jinping will have a signing ceremony to sign the first...
PSX appoints Farrukh Hussain Khan as CEO
KARACHI: The Pakistan Stock Exchange (PSX) has appointed Farrukh Hussain Khan as its new chief executive officer, as per a notification released...
Oil rises on supply cut pledges and slow return of Gulf field
NEW YORK: Oil prices rose on Tuesday in thin pre-Christmas trading after Russia said cooperation with OPEC on supply cuts would continue...
IMF notes stability in Pakistan’s banking sector
KARACHI:Â The banking sector remains stable, but credit conditions are tight, according to a staff report by the International Monetary Fund (IMF).
At end-September...
Govt’s decision to impose 8pc tax on NTC likely to be reversed
ISLAMABAD: National Telecommunication Corporation (NTC) Managing Director Brig (r) Viqar Rashid Khan said that the government has identified the flaw in 8pc...
Cement exports decline 5.2pc in five months
ISLAMABAD: The export of cement witnessed a decrease of 5.27pc during the first five months of the current financial year (FY20) as...
Revised revenue target to be reviewed in upcoming quarters: IMF
--Official stresses implementation of Public Finance Management Law to ensure fiscal discipline in Pakistan
--Says a joint working group will be constituted by...
Cabinet decides to reduce prices of 89 medicines
With an aim to provide relief to people, the federal cabinet has decided to reduce the prices of 89 medicines, including life-saving...
IMF cuts Pakistan’s revenue target by Rs265bn
--'Tax collection target has been revised to Rs5.238tr keeping in view slippages in fiscal discipline, expenditures and revenue targets'
--'A potential blacklisting by...
ECC approves Rs6bn subsidy for Utility Stores Corporation
ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved a grant of Rs6 billion as subsidy for the Utility Stores Corporation.
The approval...