Closure of KGS service at Gwadar port irks Senate body
ISLAMABAD: The Senate's Standing Committee on Finance, Revenue and Economic Affairs on Monday expressed serious reservations over the closure of Karachi-Gwadar Shipping (KGS)...
China to stimulate private investment, accelerate ‘new infrastructure’ development
BEIJING: China will cut fees on a large scale to stimulate private-sector investment and also accelerate the development of “new infrastructure” to...
PSX lands in the red after volatile session
KARACHI: Breaking its two-day winning streak, the Pakistan Stock Exchange (PSX) ended the session on Wednesday in red. Indices swung aggressively in both...
PKR plunges to Rs164.06 against US dollar
Pakistani Rupee (PKR) continued with its declining trend on Thursday, as it depreciated by another Rs1.9 against the US Dollar (USD) in...
Oil prices near four-week highs, as Saudi Arabia seeks to end supply glut
TOKYO: Oil prices were largely steady on Wednesday, hovering near a four-week high hit a day earlier after top exporter Saudi Arabia...
ADB projects Pakistan’s GDP growth at 2.8pc, inflation at 12pc for FY20
ISLAMABAD: Signalling that Pakistan's economy is showing signs of recovery owing to the government's fiscal consolidation and austerity measures, the Asia Development Bank...
Motorcycle production falls 10pc to 1.6mn units in eight months
The production of tractors also witnessed a decrease of 30pc, as it went down from 45,576 units in 8MFY18 to 31,879...
Proposed amnesty scheme to allow liquidation of foreign assets
ISLAMABAD: Foreign assets can be liquidated and repatriated to Pakistan if they are deposited into a bank account or invested in Pakistan Banao...
Weekly inflation falls 0.42pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on June 4 witnessed a decrease of 0.42pc, Pakistan Bureau...
Naya Pakistan Housing: pipe dream or bold vision?
Experts weigh in on the feasibility of the government’s target of building 5 million homes in the country over the next five years
PSX plunges 469 points ahead of Eid
KARACHI: The Pakistan Stock Exchange (PSX) ended the only trading session of the week in the red, as indices kept shedding gains right...
Canadian Mineral Investment Company explores investment opportunities in KPK
PESHAWAR: A high-level delegation of Canadian Mineral Sector Investment Company "TYTAN COPPER", called on the caretaker commerce minister of Khyber Pakhtunkhwa, Dr.Aamir...
Dollar normalizes, after increasing to Rs108.50 in inter-bank market
KARACHI: The US dollar attained a sense of normalcy after rising more than three rupees in the inter-bank market earlier on Friday.
The US...
SBP reserves plunge 8.5pc to stand at $7.7bn
The foreign exchange reserves held by the State Bank of Pakistan plunged 8.54pc on a weekly basis, slipping below the $8 billion...
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...