CNG sector, CPPs likely to face gas shortage during peak winter
ISLAMABAD: The Compressed Natural Gas (CNG) as well as captive power plants (CPPs) may face a shortage of gas in the near...
Germany, UK to provide over €200m in climate change assistance to Pakistan
ISLAMABAD: The United Kingdom (UK) and Germany will provide £50 million and €150 million, respectively, in climate change assistance to Pakistan under multiple...
China overtakes US to become richest nation in the world: report
China has seen vast economic growth over the past couple of decades, propelling the world's latgest nation to become the wealthiest country...
SBP ordinance bill amended by parliament
ISLAMABAD: The joint session of parliament on WeÂdÂnesday approved an amÂeÂndment to the State Bank of Pakistan (SBP) BanÂking Services Corporation Ordinance...
Rupee surge against US dollar continues
The rupee on Wednesday continued its rise against the US dollar for the third straight session on the back of a slowdown...
Pakistan’s exports increase by 25.2pc in 4MFY22
ISLAMABAD: Exports from the country witnessed an increase of 25.2 per cent during the first four months of the current fiscal year...
Govt allocate over Rs1tr for social sector in next 4 years: Tarin
ISLAMABAD: Adviser for Prime Minister on Finance and Revenue, Shaukat Tarin on Tuesday said that the government has allocated Rs1.4 trillion for...
SBP reschedules MPC meeting to announce monetary policy on Nov 19
The State Bank of Pakistan (SBP) on Tuesday decided to prepone the Monetary Policy Committee's (MPC) meeting from the previously announced date...
FBR notifies hike in minimum prices of steel as int’l prices surge
ISLAMABAD: In the wake of increased prices of steel products in domestic and international markets, the Federal Board of Revenue (FBR) on...
‘Local auto industry to manufacture 8m vehicles by 2026’
ISLAMABAD: Engineering Development Board (EDB) Chairman Almas Hyder has claimed that around eight million vehicles in different auto categories would be produced...
PM decides against OGRA’s recommendation to jack up POL prices
Prime Minister (PM) Imran Khan on Monday decided against jacking up the prices of petroleum products (POL) by rejecting the Oil and...
Remittances stay above $2bn for 17th consecutive month
Pakistani workers living abroad have sent $2.52 billion in remittances in the month of October 2021, translating to over $2 billion remittances...
PM to inaugurate track and trace system for sugar industry on Nov 23
ISLAMABAD: Prime Minister Imran Khan will inaugurate the track and trace system of the Federal Board of Revenue (FBR) for the sugar...
Agriculture minister warns fertiliser profiteers against punitive action
LAHORE: Minister for Agriculture, Punjab Syed Hussain Jahania Gardezi has said that the federal government has decided that no tax will be...
Rupee touches historic low of 176 in interbank market
The Pakistani rupee on Friday reached an all-time low against the US dollar, slumping to to Rs176 in the interbank market in...