ECC orders speedy establishment of new LNG terminal
Approving FBR's proposal, the committee waves off the accumulated penal surcharges of Rs700m against overstayed consignments at ports
ISLAMABAD: Keeping in mind...
Govt expects to sign staff level agreement with IMF next week
ISLAMABAD: Finance Minister Ishaq Dar on Thursday claimed that the government is expecting to sign a staff level agreement with the International...
CAA’s latest initiative may harm PM’s tourism plan
KARACHI: The Civil Aviation Authority (CAA) is looking at the possibility of suspending flight operations from 12 am to 6 am across the...
Roshan Digital Account inflows reach $3.16bn by 2021-end: SBP
KARACHI: The State Bank of Pakistan (SBP) on Wednesday said that cumulative inflows under the Roshan Digital Account (RDA) reached $3.16 billion...
China says plots to disrupt ties with Pakistan will fail
China has pledged $57 billion to build power stations, major highways, new railways and high capacity ports along the China-Pakistan Economic Corridor
Asad Umar presents amendments to budget for ongoing fiscal year
Finance Minister Asad Umar on Tuesday announced a “mini-budget” in the National Assembly and said that if the government continues in the present economic trajectory, the country will be doomed.
Cabinet approves export of rice, hand sanitisers
ISLAMABAD: The federal cabinet on Tuesday allowed the export of rice and locally manufactured hand sanitisers, as Federal Minister for Information and...
Fiscal deficit to GDP reduced, but external financing still falling short
Fiscal deficit reduces to 2.3% of GDP during July-Jan FY23, down from 2.8% in same period of FY22
No more hike in power, gas tariffs, PM Imran promises
–Premier says inflation is now under control, prices of commodities will decrease soon
–Imran expresses his ‘heartfelt wish’ to see lasting peace in...
NEPRA notifies Rs4.75 hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified a Rs4.75 per unit hike in the power price on account of...
Bulls return to bourse, lift KSE-100 by 537 points
KARACHI: Stocks staged a handsome recovery after a volatile session on Friday, as the indices oscillated in both directions before closing with...
Saudi Arabia agrees to invest in new oil refinery in Pakistan’s Gwadar
Details of the refinery's costs and scope are to be worked out later, says minister
Petrol prices feared to surge again
The price of petrol is likely to be increased by Rs7 per litre and high speed diesel (HSD) by Rs10 per litre...
IMF seeks closure of public entities’ bank accounts under TSA-1
Stressing the importance of the implementation of the Treasury Single Account (TSA)-1, the International Monetary Fund (IMF) has placed a condition on...
SBP reserves rise by $66m to $3.258b
KARACHI: The foreign exchange reserves held by the central bank rose by $66 million to $3.258 billion in the week ending Feb...