PSX hits two-month high with KSE-100 index over 43,000-mark
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 764.25 points, hit a two-month high...
NEPRA notifies Rs9.90 per unit hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved and notified a massive Rs9.90 per unit increase in the power price...
Pakistan inches closer to receive $1.17bn from IMF
ISLAMABAD: In a major development for the release of $1.17 billion tranche, the International Monetary Fund (IMF) has agreed to the letter...
Pakistan, Turkiye sign PTA
ISLAMABAD: Pakistan and Turkey on Friday signed the Preferential Trade Agreement (PTA) aimed at boosting trade in goods between the two countries.
In...
PM seeks early report on suspended power projects
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday asked the inquiry commission for an early submission of the report on the suspension of...
Govt raises Rs466.56bn, cut off yields remain mostly unchanged
KARACHI: The government lifted Rs466.56bn in debt, primarily focused in 3 month T-bills through an auction conducted by the State Bank of...
Fertilizer industry offers support to govt for implementing subsidy scheme for farmers
The Fertilizer Manufacturers of Pakistan advisory council, in a letter to Finance Minister Miftah Ismail on Wednesday, has offered the federal government...
Finance ministry handpicks candidates for NBP president postÂ
ISLAMABAD: The Ministry of Finance has reportedly shortlisted 10 candidates for the post of president/CEO of the National Bank of Pakistan (NBP).
Sources...
Bangladesh announces fuel price jumps by 50pc, stokes inflation fears
DHAKA: Bangladesh raised fuel prices by around 50% on Saturday, a move that will trim the country's subsidy burden but put more...
Saved country from going default, says Miftah
Karachi: Federal Minister for Finance and Revenue Miftah Ismail said that the federal government had made tough decisions and saved the country...
Imports will be controlled for next three months: Miftah
ISLAMABAD: Finance Minister Miftah Ismail on Friday said that the government will be controlling imports for the next three months even if...
UAE to invest $1bn in Pakistani companies: state news agency
DUBAI: The United Arab Emirates intends to invest $1 billion in Pakistani companies across various sectors, state news agency (WAM) reported citing an...
Cash margin requirement of deferred payments slashed
KARACHI: The State Bank of Pakistan (SBP) on Friday reduced cash margin requirements on deferred payments.Â
According to the details, the cash margin...
Cabinet likely to approve weekly change in fuel prices
ISLAMABAD: The federal government is likely to accept another demand of the International Monetary Fund (IMF) to regulate the petrol prices in...
Govt announces withdrawal of fixed tax on small traders’ electric bills
ISLAMABAD: The federal government on Thursday decided to withdraw the fixed tax regime on electricity bills for small traders who can benefit...