ADB approves $300m loan to support Pakistan’s financial sector reforms
The Asian Development Bank (ADB) has approved a $300 million policy-based loan to help strengthen Pakistan’s finance sector by supporting measures to...
Govt sells WAPDA’s rest house in Mansehra
PESHAWAR: The Ministry of Privatisation has auctioned the Lalazar Batundi Rest House in Mansehra District of Khyber Pakhtunkhwa (KP) for Rs72 million.
The...
Gold price drops to Rs111,800 per tola
ISLAMABAD: The price of 24-karat gold decreased by Rs700 on Friday and was traded at Rs111,800, as against its previous day’s price at...
Govt urged to clear the air surrounding GIDC payments
PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) has demanded the government to address the reservations of industries, particularly the CNG...
Stocks shed 105 points on selling pressure
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a jittery session on Friday, with the indices swinging both ways in search...
GSP-Plus facility: EU envoy urges Pakistani exporters to focus on product diversity
ISLAMABAD: European Union’s Ambassador to Pakistan Androulla Kaminara has stressed the need for product diversity and more value-addition to exploit the full potential...
CCP raids Lahore offices of cement manufacturers’ association
ISLAMABAD: The Competition Commission of Pakistan (CCP), as part of an enquiry launched in May 2020 to investigate the possible anti-competitive practices...
PSX ends red despite late recovery
KARACHI: It was another round of volatile trading at the Pakistan Stock Exchange (PSX) on Thursday, with the indices swinging both ways...
Restaurants’ boycott against Foodpanda expands to major cities
KARACHI: Restaurant owners of major cities of the country have joined a boycott against Foodpanda as the food delivery company has allegedly...
PM seeks action plan to boost agriculture productivity
ISLAMABAD: Prime Minister Imran Khan has directed to prepare a timeframe-based action plan for the medium and long-term projects to enhance agriculture...
Stocks end flat after range-bound session
KARACHI: The Pakistan Stock Exchange (PSX) moved in narrow range on Wednesday, with the benchmark KSE-100 Index managing to close in green...
Petrol pump owners lament heavy fines, forced closures
PESHAWAR: Petrol pump owners and dealers have resented the imposition of heavy fines, sealing of petrol pumps, and torture of staffs due...
IMF urges Pakistan to further cap limits on short-term borrowings
The International Monetary Fund (IMF) is looking to further the constraints on short-term borrowings for filling the budgetary gap arising from the...
Stocks shed 330 points as investors turn cautious
KARACHI: Bears dominated the Pakistan Stock Exchange (PSX) on first trading session of the week, as investors preferred to stay on sidelines...
Pakistan‘s interest rate expected to remain at 7pcÂ
Experts have said that the State Bank of Pakistan (SBP) is expected to keep the interest rate at 7 per cent for...