Sindh govt decides to establish rapid response for drug peddlers and tax theft
Karachi: Sindh government decided on Monday to establish a rapid response force against drug peddlers and people involved in tax theft. The province Senior Minister...
Utility Stores purchases sugar under PM relief package to provide consumers on subsidy
Islamabad: The Utility Stores Corporation of Pakistan USCP has purchased 10,000 metric ton of sugar under the Prime Minister relief package. After including all the...
Energy sector circular debt surges substantially owing to uptick in electricity prices
Islamabad: After the record uptick in the electricity prices the energy sectors circular debt has also climbed. The energy sector circular debt rose to Rs...
Govt decides to end net metering policy
Islamabad: The federal government has decided to end net metering policy from the country. It is likely that the government will introduce a gross metering...
Govt to reduce expenditures of Rs 300 billion in year: Plan presented to IMF
Islamabad: The federal government will reduce more than Rs 300 billion expenditures in a year. The government financial team on Monday presented the plan to...
Dollar appreciated by 4 paisa in interbank.
KARACHI: The value of US dollar appreciated by four paisa in interbank. In the interbank dollar value appreciated by four paisa, bringing its value to...
PSX sees positive trend on the first day of business week
KARACHI: The Pakistan Stock Exchange witnessed positive trend on the first day of business week, gain 200 points. The Pakistan Stock Exchange (PSX) witnessed a...
Gold Price rise by Rs.2300 per tola
KARACHI: The rate of gold increased by Rs.2300 per tola to Rs. 250,400. According to the All Pakistan gems and jewelers association the rate of...
Turkish FM to arrive in Islamabad today.
ISLAMABAD: The Turkish Foreign Minister Hakan fidan will meet to Prime Minister Shahbaz Shareef , Speaker National Assembly Sardar Ayaz Sadiq and Chairman Senate Yousaf...
Tobacco company rubbishes market report as false, fabricated
ISLAMABAD: A tobacco company has taken an exception to a report “Pakistan Cigarette Market Assessment 2024” by Ipsos Pakistan and described it as false and...
Tobacco consumption menace for youth, nation: MPs
ISLAMABAD: Member of parliaments have called the tobacco consumption as a menace for the youth and the nation and stressed for the joint efforts to...
PM establishes Economic Advisory Council (EAC)
Islamabad: Prime Minister Shahbaz Sharif on Saturday established an Economic Advisory Council (EAC). According to the notification Prime Minister Shahbaz Sharif will be head of...
Anti-smuggling crackdown continues across country
ISLAMABAD: The Anti-smuggling operation continue throughout the country to prevent the smuggling of essential commodities. According to the latest statistics, 3036 metric tons of fertilizer,...
Gold price shoot up again in Pakistan
KARACHI: The price of gold increased again in Pakistan by Rs.3100 per tola to Rs.248,100 According to Pakistan Gems and Jewelers Association, the price of...
Naqvi meets Saudi envoy Nawaf bin Saeed in Islamabad.
ISLAMABAD: The Interior Minister Mohsin Naqvi met Saudi Ambassador and said that the historic brotherly relations between Saudi Arabia and Pakistan are evolving into a ...
Inflation reduces by 1.6 percent this week
Islamabad: A degree of Inflation started to decrease in the country as 1.6 percent decline recorded in the inflation rate. According to the statistic bureau...
PM directs preparing tariff rationalization for export sector industries
ISLAMABAD:Prime Minister Shehbaz Sharif on Friday directed the authorities concerned to immediately prepare a strategy regarding tariff rationalization for the export sector industries. Chairing an...
FBR establishes joint working group for blocking of non-fillers SIMs
Islamabad: A working group has been established over blocking the non-fillers SIMs under income tax general order. The working group is comprising representatives from telecom...
IMF declares measures for bringing real state sector into tax net insufficient
Islamabad: The International Monetary Fund (IMF) in continued negotiations for another loan program has declared measures bringing to the real sector into the tax net...
Chinese comp expresses interest in investment in mineral, mining sector of Pakistan
Islamabad: A Chinese company MCC Tongsin Resources has expressed deep interest in increasing its investment in the mineral and mining sector of Pakistan. The interest...
Bullish trend prevails at PSX crossing 75000 limits after addition of 411 points in 100 Index
Karachi: Pakistan Stock Exchange (PSX) business week concluded with super bullish trand as the 100 index crossed high level of 75,000 with addition of 411...
Rupee strengthens against US dollar today by 20 paisas in inter-bank market
ISLAMABAD: Pakistani Rupee on Friday gained 20 paisa against US Dollar in the interbank trading and closed at Rs 278.20 against the previous day’s closing...
World Telecommunication and Information Society Day observed
ISLAMABAD:World Telecommunication and Information Society Day is being observed today worldwide including Pakistan. This day is observed to raise awareness of the possibilities that the...
WHO releases report on illicit cigarettes in Islamabad
ISLAMABAD: The World Health Organization (WHO) has released a report debunking the myths about illicit trade of cigarettes in the market created by multinational companies....
Gold price witnesses dip by Rs.600 per tola
KARACHI: The rate of gold in Pakistan decreased by Rs.600 per tola to Rs.245,000 Dealers reported that the price of gold in Pakistan fall by...
Boosting FDI top priority of govt: PM
ISLAMABAD: The Prime Minister Shahbaz Shareef has said that foreign Direct Investment in Pakistan is the top priority of government. Shahbaz Shareef has said that...
Aleem Khan lauds Prime Minister’s committee on Ease of Doing Business
ISLAMABAD: The Federal Minister for Privatization and Investment Abdul Aleem Khan has praised Prime Minister’s committee on Ease of Doing Business Abdul Aleem Khan Federal...
Country is rapidly moving towards economic stability: PM
ISLAMABAD: The Prime Minister Muhammad Shehbaz Sharif has said that government’s policies have started bearing fruit as the country is now moving towards economic stability....
Health activists proposed 26% increase on tobacco products
ISLAMABAD: Society for the Protection of the Rig hahts of the Child (SPARC), held a briefing session with journalists on Wednesday at local hotel in...
Gold rates up by Rs.1600 per tola
KARACHI: The price of gold increased by Rs.1600 per tola to Rs.245,600. As per data provided by the All Pakistan Gems and Jewelers the price...
Turkish Ambassador calls on Minister of Economic Affairs.
ISLAMABAD: The minister of Economic Affairs Ahad Khan Cheema met Turkish Ambassador Mehmet Pacaci in Islamabad, Pakistan and Turkey agreed to strengthen economic partnership. ...
Govt reduces petrol prices by Rs 15.39
Islamabad: The government has announced substantial reduction in the petroleum products for the next fortnightly starting May 16 12 am. The government has decreased prices...
Reforms urged in cigarettes manufacturing sector with least contribution in economy
ISLAMABAD: Researchers have stated that reforms in cigarettes manufacturing sector having minimum contribution of the economy of the country is need of the hour. They...
PM calls for accelerating pace of work on CPEC Phase II
Islamabad: Prime Minister Shehbaz Sharif has directed all ministries to further strengthen their coordination in order to expedite the China Pakistan Economic Corridor II. Chairing...
IMF places new demands for new loan program for Pakistan
Islamabad: The International Monetary Fund (IMF) has placed its new demands for a new loan program. The international lending agency has demanded that tax exemption,...
PM announces privatization of all govt-owned enterprises, except strategic SOEs
Islamabad: Prime Minister Shehbaz Sharif has announced to privatize all government-owned enterprises with the exception of strategically important state-owned enterprises. Chairing a review meeting on...
Stability in Rupee continues in currency market
Karachi: Stabilization in Rupees continued on Tuesday at the currency market as the dollar shed five paisas against the rupee in the open market and...
Bullish trend continues at PSX as 100 index gains 732 points
ISLAMABAD: The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Tuesday, gaining 732.08 points, closing at 73,531.19 points. A total of...
Gold rate per tola in Pakistan sees decline.
KARACHI: The price of gold declined by Rs1200 per tola to Rs241,100 Dealers reported that the rate of gold decreased by Rs1200 per tola to...
PSX bullish trend upon its second day of business week.
KARACHI: The Positive started of business in PSX, 100 index cross the limit of 74,000. On the second day of the business week, business started...
DPM invites Chinese companies to establish processing plants in Balochistan
BEIJING: The deputy Prime Minister Ishaq Dar has invited the companies to establish processing plants in Balochistan Ishaq Dar the deputy prime minister has invited...
IMF mission chief ensures signing of loan program with Pakistan
Islamabad: The International Monetary Fund (IMF) mission has ensured the signing of loan program for Pakistan. The IMF mission head Martin Raiser said that the...
Govt demanded to align tobacco tax at par with WHO guidelines
ISLAMABAD: Anti tobacco activists have demanded of the government to align the tobacco tax in line with the guidelines of the World Health Organization (WHO)...
IMF mission calls on PM Shahbaz next week
Islamabad: The International Monetary Fund (IMF) mission will call on Prime Minister Shahbaz Sharif next week. The PM will talk to the IMF mission himself...
Pakistan, Turkiye resolve to solidify their economic ties by increasing investments, bilateral trade volume
Islamabad: Pakistan and Turkiye have resolved to further solidify their economic ties by increasing investments and bilateral trade volume. The commitment was expressed during meeting...
IMF mission meets FBR chairman and board members
Islamabad: The International Monetary Fund (IMF) mission headed by vice-president Martin Raiser on Monday met Chairman Federal Board of Revenue (FBR) Amjad Zubair Tawana, at...
US dollar appreciates in both Open and Inter-bank markets
Karachi: The US dollar on Monday appreciated in both inter-bank and the open markets. The dollar value up by 35 paisas in the open market...
Gold rates declines by Rs 1,200 per tola
ISLAMABAD:The per tola price of 24 karat gold decreased by Rs 1,200 and was sold at Rs 242,300 on Monday. The price of 10 grams...
Bullish trend prevails at PSX as 100 Index gains 713 points
ISLAMABAD:The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 713.61 points, a positive change of 0.98 percent, closing at 73,799.11...
Economic stability not obtains without privatisation: Finance Minister.
ISLAMABAD: The Finance Minister muhammad Aurangzaib has said that privatisation is the key for achieving economic stability. The Finance Minister Muhammad Aurangzeb underscored the significance...