Circular Debt Surges to Rs2.47 Trillion
ISLAMABAD: Breaking all previous records, the power sector circular debt during Pakistan Tehreek-e-Insaf (PTI) has reached the highest level of Rs 2,476 billion in the...
Tarin Assures Govt’s Support For Farmers of Drought Hit Area
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has assured the government’s full support for drought hit farmers of Thal region and directed the...
Services’ Exports Increase By 20.24% in 1st Half of Fiscal Year
ISLAMABAD: The exports of services from the country witnessed an increase of 20.24 percent during the first half of the current financial year (2021-22) as...
Pakistan Railway’s 10 Trains Handed Over To Private Companies Under Privatisation
Islamabad: Under the privatisation in Pakistan Railway more 10 trains have been handed over to private companies. The 10 trains which are handed over to...
Tarin Directs To Keep Prices Of Essential Items In Check
Islamabad: Federal Minister for Finance and Revenue Shaukat Tarin on Tuesday underscored the efforts being made for keeping the prices of essential items in check...
Rupee Decreases 0.02 Percent After One Week Uptick
KARACHI: The Pakistani rupee snapped its seven-day winning streak to settle 0.02% lower at Rs174.50 against the US dollar in the interbank market on Tuesday....
PSX Sheds 68 Points
KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile trading session on Monday, with the indices swaying both ways in search of a clear direction...
ECC Meeting Called Tomorrow To Discuss 11 Point Agenda
Islamabad: The Economic Coordination Committee (ECC) has been called on tomorrow, February 8 to discuss a 11-point agenda . The meeting of the ECC is...
Details Of Shameful Agreement of Govt With IMF Is Worrisome: Sherry Rehman
Islamabad: Vice-President of Pakistan People’s Party (PPP) Sherry Rehman has said that the the shameful details of International Monetary Fund (IMF) agreement with the government...
Pakistan Receives $1Billion From IMF
ISLAMABAD: Pakistan has received $1.053 billion from the International Monetary Fund (IMF) after the successful completion of 6th review of Extended Fund Facility (EFF) programme...
Export Growth in FY22 To Be Higher Than Total Growth in Past Decade: Asad
ISLAMABAD: The country’s exports during the current fiscal year 2021-22 are estimated to grow by 8.5 billion as compared to the previous year which would...
PSX Ends Week On Positive Note With Minor Gains
KARACHI: The Pakistan Stock Exchange (PSX) on Friday had a topsy-turvy trading session but ended the week on a positive note with minor gains, a...
Pakistani Rupee Jumps 0.60 Percent Against US Dollar In Interbank Market
KARACHI: The Pakistani rupee jumped 0.60 per cent against the United States (US) dollar in the interbank market on Friday . The domestic currency today...
Gold Price Decreases Rs 640 Per Tola In Domestic Market
KARACHI: Gold price on Thursday registered a massive drop of Rs 640 per tola in the domestic market. After the decrease, the rate of per...
SBP Introduces Instant Payments Under Raast
KARACHI: State Bank of Pakistan has come up with a policy enabling Person-to-Person fund transfers in the country through Raast, Pakistan’s Instant Payment System developed...
Bearish Trend Witnessed At PSX Today
Karachi: Pakistan Stock Exchange on fourth day of this week on Thursday (today) was remained bearish. As per details, due to bearing trend 100-index crossed...
Ferrari Hints Higher Profits This Year After Record 2021 Shipments
MILAN: Sports car maker Ferrari said on Wednesday its core earnings would rise this year after posting strong financial results in 2021 with record shipments...
FBR Suspends New Property Evaluation Rules Till Feb 28
ISLAMABAD: The Federal Board of Revenue (FBR) has held in abeyance the recently notified valuation rules to allow registration of the in-process transactions till February...
Gold Price Increases in Pakistan
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 50 and was sold at Rs 125,000 on Wednesday against its...
KSE 100-Index Gains 444 Points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend for third consecutive day on Wednesday, gaining 444.65 points, a positive...