CCP opposes fixing sugar price, fears illegal movement of commodity
ISLAMABAD: The Competition Commission of Pakistan (CCP) has expressed reservations over the Punjab government's decision to fix sugar price, warning that it...
Govt to reduce income tax brackets
ISLAMABAD: The federal government while heeding a recommendation of the International Monetary Fund (IMF), has decided to reduce income tax brackets from...
PM breaks ground for 4,000 low-cost flats
ISLAMABAD: Prime Minister Imran Khan on Thursday performed the ground-breaking of the low-cost housing units in the capital’s Farash Town, with 600...
KP govt to borrow Rs99bn from ADB
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has decided to take a loan of Rs99 billion from the Asian Development Bank (ADB) for...
WB puts Pakistan growth rate at 1.3pc
ISLAMABAD: The resurgence of recent infection rates and slow vaccination coupled with high inflation rate and consolidation policies could impact Pakistan’s nascent...
Pakistan to reach IMF for second Covid relief package: PM
ISLAMABAD: Prime Minister Imran Khan Tuesday said that his government would reach out to the International Monetary Fund (IMF) for a second...
Senate passes single window bill to facilitate cross-border trade
The upper house of the parliament unanimously passed the Pakistan Single Window Bill, 2021 on Monday that would pave the way for...
PM says no trade with India until IOK’s autonomy restored
ISLAMABAD:Â The federal government Friday decided not to open trade channels with India until the pre-August 5, 2019 status of Indian Occupied Kashmir...
Pak-Afghan transit trade accord extended for three months
ISLAMABAD: Pakistan and Afghanistan have extended the Afghanistan-Pakistan Transit Trade Agreement (APTTA) for three months, after failing to complete discussion and deliberation...
Pakistan to import sugar, cotton from India: Hammad Azhar
LAHORE: The Economic Coordination Committee (ECC) on Wednesday allowed the private sector to import 0.5 million tonnes of white sugar and cotton...
Pakistani fintech SadaPay raises $7.2m in seed round Â
LAHORE: SadaPay, a Pakistani FinTech startup, has announced raising $7.2 million in the recent seed round, totalling its funding to $9.3 million...
ADB approves $300m for hydropower plant near Balakot
MANILA: The Asian Development Bank announced on Tuesday that it will be extending Pakistan a $300 million loan to finance the construction...
Hammad Azhar replaces Hafeez Shaikh as finance minister
ISLAMABAD: After the defeat in the Senate election and much pressure on the ruling Pakistan Tehreek-e-Insaf (PTI) over increasing inflation, the government...
Rupee at its strongest since Feb 17
KARACHI: The rupee continues to strengthen against the dollar and has now returned to its pre-Covid level.
During intraday, the rupee is trading...
PM directs banks to simplify loan procedure under Naya Pakistan Housing Scheme
ISLAMABAD: Prime Minister (PM) Imran Khan, while observing that people have been difficulties in seeking loans under Naya Pakistan Housing Programme, has...