SC suspends LHC’s RUDA verdict, allows govt to continue work on acquired land
The Supreme Court (SC) has suspended the decision of the Lahore High Court (LHC) to scrap the Ravi Urban Development Project and...
Pakistan’s textile exports set to gain edge over South Asian rivals, says Razak Dawood
Adviser to Prime Minister on Commerce Abdul Razak Dawood on Monday said that Pakistan’s textile sector’s exports are set to swell to...
SBP Amendment Bill passes Senate in a rushed vote
The Upper House of the Parliament, Senate on Friday approved the State Bank of Pakistan (SBP) Amendment Bill on Friday.
The bill has...
Punjab govt to appeal in SC for restoration of RUDA
The Supreme Court of Pakistan has dismissed appeals against the interim order to restore the Ravi Urban Development Authority (RUDA) and said...
IMF defers Pakistan’s sixth review until Feb 2
The executive board of IMF has extended the date for the sixth review of Pakistan under the $6 billion extended fund facility...
CCP initiates enquiry into suspected carterlisation in T-bills auction
The Competition Commission of Pakistan (CCP) has initiated an enquiry into the suspected cartelization by primary dealers in the recent auction of...
Status quo policy rate: 9.75%
The State Bank of Pakistan (SBP) held its benchmark interest rate at 9.75% on Monday signaling a pause in the tightening cycle.
"There's...
Senate committee to take up SBP Amendment Bill on January 27
The Senate Standing Committee on Finance and Revenue will take up the State Bank of Pakistan (SBP) Amendment Bill, 2021, on January...
CPPA proposes Rs3.12 per unit increase in electricity prices
ISLAMABAD: The Central Power Purchasing Agency (CPPA) has asked National Electric Power Regulatory Authority (NEPRA) to approve an increase of Rs3.12 per...
Pakistan approves export of selected goods to Afghanistan against PKR
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday allowed the export of selected commodities to Afghanistan against Pakistani currency.
The...
SBP reserves fall by more than $0.5bn in a week
KARACHI: The central bank's foreign exchange reserves fell by $562 million, within a week, due to external debt financing and other payments,...
Govt rebases national accounts
ISLAMABAD: In an attempt to balloon up the overall Gross Domestic Product (GDP) growth figures for Fiscal Year (FY) 2021-22, the government...
Pakistan Steel Mills privatisation attracts interest from six international investors
Islamabad: Six international investors have disclosed their interest in Pakistan Steel Mills Corporation (PSMC), according to a meeting of the Privatisation Board...
IMF Board to consider Pakistan’s case on January 28
ISLAMABAD: The International Monetary Fund (IMF) Board is scheduled to meet on January 28, to consider Pakistan's sixth review under the ongoing...
Telcos deny data breach
ISLAMABAD: Telecommunication companies have denied allegations that sensitive information belonging to telecom subscribers has been leaked and is available on the internet.Â
The...