CCoE to discuss five agenda items today
ISLAMABAD: A meeting of the Cabinet Committee on Energy ( CCoE) scheduled to take place today will take up five agenda items...
Pakistan’s B2B agritech startup Tazah closes pre-seed round at $6.5mÂ
LAHORE: Lahore-based B2B fresh produce marketplace Tazah Technologies has raised an additional $4.5 million in its pre-seed extension round, bringing the total...
Govt eyes profits from oil, gas entities for circular debt reduction
ISLAMABAD: The government is mulling over reducing the circular debt by allocating its profit share from the earnings of Oil and Gas...
Commerce ministry finally notifies trade policy 2020-25
ISLAMABAD: The Ministry of Commerce (MoC) on Tuesday finally notified the Strategic Trade Policy Framework (STPF) 2020-2025 following the policy's approval by the...
Fatima Fertiliser looks to acquire majority shares in Samba Bank
KARACHI: Fatima Fertilizer has confirmed its intentions to acquire Samba Bank Limited.Â
According to an announcement made by Arif Habib Group, the consortium...
Cabinet moves to tighten rules for Auditor General
ISLAMABAD: The government has been mulling over tightening the noose around the Auditor General Pakistan Revenues (AGPR) by constituting a high-level committee...
November CAD widens by $1.9 billion
KARACHI: As per data released by State Bank of Pakistan (SBP), the Current account deficit (CAD) for the first five months of...
Shaukat Tarin elected as senator on vacant seat from KP
PESHAWAR: Adviser to Prime Minister on Finance Shaukat Tarin on Monday was elected as senator on a vacant seat from Khyber Pakhtunkhwa...
SBP amends rules to restrict dollar trade
LAHORE: In order to enhance documentation and transparency and to further strengthen the foreign exchange regulatory regime, the State Bank of Pakistan...
Use of rupee increased in Afghanistan
PESHAWAR: Circulation of the Pakistani rupee has increased in many provinces of Afghanistan after the collapse of banking system in the neighbouring...
Central bank ready for a policy rate pause, Baqir says
State Bank of Pakistan (SBP) Governor Reza Baqir has said that the central bank will pause interest-rate increases to preserve economic recovery...
PM directs food ministry’s alleged malpractice issue to be referred to NAB
ISLAMABAD: As the apex committee on Afghanistan, the Afghanistan Inter-Ministerial Coordination Cell (AICC) had taken notice of disruption of trade via Torkham...
Pakistan Refinery ceases operations till ‘situation improves’
The Pakistan Refinery Ltd (PRL) has temporarily shut down operations due to operational and ullage constraints, according to a regulatory filing with...
Govt slashes petrol, HSD prices by Rs5 per litre
The federal government has reduced the prices of petroleum products by up to Rs7.01 per litre on the proposal of the Oil...
Rupee closes in on 178 mark against US dollar
The rupee on Wednesday set another fresh low of  177.98 against the US dollar, closing in on the 178 mark.
According to data...