The spectacular decline of Hubco

It is not every day one can characterize a company that made Rs11.9 billion in profits last year as struggling, but there...

Will Airlift be able to provide a public service and still make money?

Buses make sense. Global warming has you down? Run a high class public bus system and you have the answer. Need jobs?...

Why Jeffrey Sachs is wrong about Reko Diq

It started with the usual leftie / “anti-imperialism is the ultimate moral good” crowd. An article written by American economist Jeffrey Sachs...

FBR fails to meet revenue target as deficit reaches Rs214bn

Shabbar Zaidi says revenue collection in 5MFY20 is 17pc higher compared to last year

Easy loans to farmers, SMEs among govt’s top priorities: PM

--PLRA, banks sign agreement to reduce procedural difficulties faced by farmers in getting access to credit --As per agreement, agri loan processing time...

OGRA proposes nominal decrease in POL prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has proposed a nominal decrease in the prices of petroleum products for the month...

ECC fixes wheat support price at Rs1,365 per 40kg

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday raised the minimum support price of wheat from the previously announced...

Govt moves summary for revival of Tuwairqi Steel Mills 

ISLAMABAD: Amid serious reservations of the local steel industry, the government has planned to revive Tuwairqi Steel Mills Limited (TSML), as a...

Govt not to renew agreements with IPPs, NA body told  

'Govt-owned power plants that are producing electricity on a higher rate will also be shut down within two years'

ECC approves Rs30bn grant for sales tax refunds to exporters

ISLAMABAD: The Economic Coordination Committee (ECC) on Wednesday approved a technical supplementary grant of Rs30 billion for the FBR Refund Settlement Company...

PM calls for public-private partnerships to boost growth

ISLAMABAD: Prime Minister Imran Khan on Wednesday directed the officials concerned to form partnerships with the private sector for the execution of...

Pakistan, World Bank sign $787m loan agreement

ISLAMABAD: Pakistan on Tuesday signed a loan agreement worth $787 million with the World Bank to revamp water supply and sewerage system...

Asad Umar terms US concerns over CPEC ‘factually incorrect’

'Our total public debt right now is $74bn of which Chinese debt amounts to $18bn – even less than one-fourth of the total debt'

US brings China trade war to Pakistan

'It's clear, or it needs to be clear, that CPEC is not about aid'

SBP keeps policy rate unchanged at 13.25pc

The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 13.25pc for the next two months. In a statement...