Govt likely to jack up power tariff by Rs2.97 per unit
ISLAMABAD:Â The Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to jack up electricity price by Rs2.97...
KSE-100 gains 114 points amid range-bound trading
KARACHI:Â It was a slow day at the Pakistan Stock Exchange (PSX) where indices traded within a narrow range throughout the session amid...
Weekly inflation up 2.36pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ending October 17, 2019, increased by 2.36pc as compared to the...
Govt’s efforts to ensure long-term benefits for businesses: MOF
ISLAMABAD: The Ministry of Finance has said that the government’s macroeconomic adjustment and demand management policies for stabilization have started making an...
FBR establishes sales tax monitoring cell in Karachi
ISLAMABAD:Â Keeping in view the declining trend in sales tax payments during the first quarter of the Financial Year 2019-20, the Federal Board...
Shanghai Electric to invest $4bn in Thar power plants
Shanghai Electric, a Chinese company, will invest $4 billion for the establishment of two more 1,320MW power plants at Thar Coal Block-I,...
BOP’s pre-tax profit surges 18pc to Rs10.5bn
The Bank of Punjab (BOP) Board of Directors recently approved the unaudited financial statements for the nine months ended September 30, 2019.
The...
‘Dutch companies keen to invest in Pakistan’s maritime, agri sectors’
ISLAMABAD:Â Dutch Human Rights Ambassador Dr Bahia Tahzib-Lie, along with Ambassador of the Netherlands to Pakistan Wouter Plomp, called on Advisor to Prime...
Steel manufacturers demand ban on import via land routes
ISLAMABAD: As the smuggling of steel items continues at Iran and Afghan borders under the garb of some "certain rules", the steel...
Textile exports up 3pc to $3.37bn in Q1 FY20
ISLAMABAD:Â Textile exports from the country increased by 2.95pc during the first quarter of the current fiscal year (July-Sept FY20) compared with the...
China seeks $2.4bn in sanctions against US in Obama-era case: WTO
GENEVA: China is seeking $2.4 billion (£1.9 billion) in retaliatory sanctions against the United States for non-compliance with a WTO ruling in a...
NAB forms six-member committee to address businessmen’s ‘valid complaints’
ISLAMABAD:Â The National Accountability Bureau (NAB) on Monday formed a six-member committee for the improvement of the economy and to address the reservations...
Stocks bleed as KSE-100 plummets 785 points
KARACHI:Â Bears kept a tight grip on the Pakistan Stock Exchanged (PSX) on Monday, as the indices, which opened on a positive note,...
IMF, World Bank assure Pakistan of continued support
The International Monetary Fund (IMF) and the World Bank provided assurances of their continued support to Pakistan in meetings with Adviser to...
PM satisfied with economic progress
Prime Minister Imran Khan has lauded his finance team for "turning the national economy around within a year".
Taking to the social networking...