Govt approves Rs4.26 per litre hike in petrol price
The government on Friday dropped another petrol bomb on the people as it approved Rs4.26 per litre hike in petrol price effective...
ECC okays Rs20bn sovereign guarantee to stabilise stock market
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the Finance Division proposal regarding the issuance of a sovereign guarantee...
Pakistan’s biggest pharma deal in advanced talks: report
Businessman Munis Abdulla to purchase one of OBS Group's pharmaceutical operations for a reported sum of Rs11bn
Pakistan's OBS Group is in...
NEC approves 4pc GDP growth target for next fiscal year
PM stresses need for complete understanding and coordination between federal and provincial govts
ISLAMABAD: The meeting of the National Economic Council (NEC), chaired...
Up to 41pc increase in airfare ahead of Eid
Two-way ticket from Lahore to Karachi is being sold up to Rs39,500 from the previous Rs28,000
The Pakistan International Airlines (PIA) and...
Govt to present budget on June 11
'Budget aims to stabilise economy, manage external deficit by decreasing imports, reduce fiscal deficit through revenue mobilisation and expenditure control'
ISLAMABAD: Amid...
Govt likely to jack up petrol price by Rs9 before Eid: report
The government is likely to increase the prices of petroleum products by as much as Rs12 per litre from June 1st.
The Oil...
Pakistan Stock Exchange CEO Richard Morin resigns
Pakistan Stock Exchange (PSX) chief executive officer Richard Morin on Tuesday resigned from his post, according to a notification shared on the...
Rupee regains Rs1.42 interbank, nabs dollar hike
The local currency strengthens on the back of higher inflow of remittance due to Ramadan and the approaching festival of Eid
PM, Chinese Vice President launch four mega CPEC projects
Both the dignitaries unveiled the plaques of the four projects at a ceremony held here during the visit of the Chinese vice president who is here on a three-day visit.
Govt sets Rs5.5tr revenue target in upcoming budget
At the time, Shaikh said the “basic purpose” of the scheme was not to generate revenue — as media reports had speculated — but to bring dead assets into the economy and make them functional.
‘Bailout package to help reduce Pakistan’s public debt’
IMF official says bailout programme aims to help Pakistan get back on the path to sustainable and more inclusive growth
A senior...
Fitch forecasts stability in Pakistan following tough economic decisions
The US-based research house expects SBP to maintain its benchmark interest rate at 12.25pc throughout the year
Fitch Solutions, a US-based global research...
Pakistan finally opens up about Chinese borrowing
It is believed that the United States wants to ring-fence IMF's money in order to stop Pakistan from using such funds for repaying Chinese loans.
Govt to facilitate exploration companies under new petroleum policy: PM
Kuwait Petroleum evinces keen interest in expanding business activities in Pakistan
ISLAMABAD: Prime Minister Imran Khan said on Wednesday that the government was...