Govt urged to announce ‘five-year export policy’ to end uncertainty
LAHORE: The All Pakistan Textile Mills Association (APTMA) has urged the government to immediately announce the 'five-year export policy' in order to...
Stock market players view federal budget as ‘underwhelming, unexciting’Â Â
KARACHI: Considering how the budget is an important day for the Pakistan Stock Exchange (PSX) due to the impact announcements have on...
Govt plans to obtain Rs2.17tr foreign loans in FY21
Rs1.22tr to be spent on repayment of loans already taken
Govt unveils Rs7.3tr ‘tax-free’ budget for FY20-21
–Health budget increases by 130pc; defence budget goes up by 11pc; education sector allocation increases by 7.9pc
–GDP growth target set at 2.1pc...
Stocks plunge 517 points in pre-budget session
KARACHI: Bears took control of the Pakistan Stock Exchange (PSX) on Friday, as the investors adopted a cautious approach ahead of the...
Exports fall 4pc to $18.4bn in 10 monthsÂ
April exports plunge 47pc to $957m
Stocks stay in green amid range-bound session
KARACHI: Indices of the Pakistan Stock Exchange (PSX) moved in a narrow range on Thursday, as the investors adopted a cautious approach...
Rs30bn subsidy announced for Naya Pakistan Housing Project
ISLAMABAD: The government has announced a special package for the construction sector that includes an amnesty scheme, tax exemptions and a Rs30...
CNG sector seeks tax relaxation in upcoming budget
'CNG stations struggling to meet expenses due to low sales and limited movement of transport'
Oil prices hit by record US crude inventories, bearish Fed
LONDON: Oil prices fell on Thursday, hit by another record build-up in US crude inventories and the US Federal Reserve’s projections that...
Stocks stage 261-point rally; index crosses 35,000 mark
KARACHI: After yesterday's lacklustre performance, indices of the Pakistan Stock Exchange (PSX) staged a rally on Wednesday, with the benchmark KSE-100 Index...
PSX settles flat at 34803.6 points
LAHORE: The Pakistan Stock Exchange (PSX) swung between red and green on June 9, finally settling at 34,803.60 points by the end...
Does Pakistan have the world’s highest inflation? No, says SBP
KARACHI: The State Bank of Pakistan (SBP) said that Pakistan's inflation for the year 2020 was not the highest in the world,...
Govt fails to rationalise tariff structure despite tall claims
ISLAMABAD: Despite making tall claims about 'tariff structure rationalisation after due consultations with stakeholders', the commerce ministry, industries & production ministry and...
Covid-19 global recession worst since World War II: WB
Pakistan’s GDP expected to contract 2.6pc for FY20, 0.2pc for FY21