Chinese Investors To Be Provided Foolproof Security: Khalid Mansoor
ISLAMABAD: Special Assistant to Prime Minister on CPEC Khalid Mansoor said on Monday that Pakistan was committed to take forward the journey of development under...
Rupee Falls Against US Dollar
KARACHI: The exchange rate of US Dollar strengthened by 8 paisa in the interbank on Monday against Pakistani rupee.The greenback closed at Rs168.10 on first...
Govt Pursuing Ease Of Doing Business Policy: PM
Islamabad: Prime Minister Imran Khan says the government has been vigorously pursuing the ease of doing business policy. Talking to a delegation of heads of...
CNG Stations In Sindh And Balochistan To Close For Four Days From Tomorrow
KARACHI: All the Compressed Natural Gas (CNG) stations across Sindh and Balochistan will stay closed for four days starting Monday, the Sui Southern Gas Company...
Work on Green Line Project Completed: Umar
KARACHI: Federal Minister for Planning, Development, Reforms and Special Initiatives Asad Umar has said that the federal government has initiated five projects in Karachi while...
PIA To Resume Commercial Flights to Kabul From Sept 13
ISLAMABAD: Pakistan International Airlines (PIA) will resume flights from Islamabad to Kabul next week, a spokesman said, becoming the first foreign commercial service since the...
Gold Prices Increase Rs400 to Rs112,400 Per Tola
KARACHI: The price of 24 karat per tola gold increased by Rs400 and was trade at Rs112,400 on Friday against its sale at Rs112,000 in...
Rs 1.38 Per Unit Rise In Price Of Electricity Approved
Islamabad: The National Electric Power Regulatory Authority (NEPRA) on Friday approved an increase in electricity prices. A notification issued by NEPRA said that an increase...
Remittances Increased By 27 Percent In August: SBP
KARACHI: The inflow of workers’ remittances into Pakistan increased by 27% — which is a decade-high growth rate for the month — to $2.65 billion...
Friday Ban On Businesses Ended As Markets Open All Around Karachi and Hyderabad
Karachi: Protest of business community bore fruits as ban on the business activities on Friday lifted and all the markets and shops opened today. Government...
Govt Focuses To Provide Conducive Environment To Enhance Exports: PM
Islamabad: Prime Minister Imran Khan says the government is focused to provide conducive environment and formulate pro-business policies to enhance exports of the country. He...
PSX 100-Index Gains 28 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Thursday and witnessed bullish trend, gaining 228.41 points, with a positive change...
Rupee Falls Against US Dollar
KARACHI: The exchange rate of US Dollar strengthened by 41 paisa in the interbank on Thursday against Pakistani rupee.The greenback closed at Rs167.66 on fourth...
ECC Approves Procurement Of 120,000 Metric Tons Off Wheat
Islamabad: The Economic Coordination Committee (ECC) of the cabinet has approved procurement of 120,000 metric tons of wheat to build strategic reserves during the current...
Pakistanis May Be Sent To Help Run Affairs In Afghanistan: Shaukat Tarin
ISLAMABAD: Finance Minister Shaukat Tarin Thursday announced that trade with Afghanistan will be carried out in Pakistani currency as Kabul is facing shortage of dollars....
Bearish Trend Continues At PSX
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a negative trend on the second day of the business week. The market closed with 188 points lower...
Rupee Continues To Slide Against US Dollar
KARACHI: The Pakistani rupee depreciated 40 paisas against the United States (US) dollar in the inter-bank currency market on Tuesday. According to the State Bank...
Trade Deficit Increases by 119.9%
ISLAMABAD: Pakistan’s trade deficit widened to a whopping $7.49 billion in the first two months of the current fiscal year (FY2021-22), data released by the...
Traders Action Committee Ends Sit-in
KARACHI: Negotiations with Sindh Minister Syed Nasir Hussain Shah of the Trade Action Committee were successful. Karachi Trade Action Committee ended the sit-in on the...
Weekly Inflation Up By 0.67pc
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on September 2, 2021 for the combined consumption group witnessed an increase...
Karachi Airport To Be Upgraded
KARACHI: The CAA decided to establish latest air traffic control tower and fire station at the Karachi International airport. The Civil Aviation Authority (CAA) has...
Price of Cement Increases in Pakistan
KARACHI: The price of cement has gone up in the country after increase in the prices of stell. During the last two days, the price...
NEPRA Raises Questions Over KE Price Hike Request
KARACHI: Karachitis may have to bear an additional burden of Rs1.26 per unit hike in power price on account of fuel charges adjustment (FCA) for...
Entry of Unvaccinated People Banned At Malls
ISLAMABAD: The health department has issued a new order for those who go to shopping malls across the country. The health department has given a...
PM Directs For Timely Establishment, Activation Of One Window Services Portal
Islamabad: Prime Minister Imran Khan has directed for timely establishment and activation of One Window Services Portal to facilitate local and foreign investment in Special...
Dollar Gains 60 Paisas Against Pakistani Rupee
KARACHI: Dollar rises 60 paise in open market The dollar rose 60 paise to 167.20 from 167.20. The dollar also rose 48 paise on the...
NEPRA Suggests Increase In Prices Of Electricity
Islamabad: National Electric Power Regulatory Authority (NEPRA) on Wednesday concluded public hearing into monthly fuel cost adjustment (FCA) for July. The hearing was presided over...
Karachi Traders Announce Hunger Strike Against Lock-down Tomorrow
KARACHI: Karachi Traders Action Committee has announced a hunger strike on September 2 to protest against the COVID-19 lockdown restrictions on businesses by the Sindh...
FBR Will Comfortably Achieve Annual Tax Collection Target Of Rs 5,829 Billion: PM
Islamabad: Prime Minister Imran Khan has expressed the confidence that the FBR will comfortably achieve the annual tax collection target of 5,829 billion rupees. In...
Prices of Petroleum Products Reduced
ISLAMABAD: The government on Tuesday slashed prices of petroleum products by up to Rs 1.50 per litre effective from September 01, 2021. According to a...
Govt Debt Crosses Rs38 Trillion: SBP
KARACHI: State Bank of Pakistan (SBP) on Monday said that the country’s debt has soared to Rs38,697 billion in June 2021 with most of it...
OGRA Proposes Reduction in PoL Prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Monday proposed bringing down prices of petroleum products for the first half of September. According to...
Tarin To Chair ECC Meeting Tomorrow
ISLAMABAD: Finance Minister Shaukat Tareen has convened a meeting of the Economic Coordination Committee tomorrow in which a grant of Rs 215 million is likely...
Pakistan Will Get Extension in GSP Plus Status: Dawood
Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood says the government is determined to facilitate local industry to enhance exports. Talking...
Federal Govt Reduces Sales Tax on Petrol
ISLAMABAD: Federal Board of Revenue (FBR) has notified sales tax to be charged on petroleum products in the country with 10.54 percent tax to be...
Inflation Continues To Increase in Pakistan
KARACHI: Inflation could not be stopped across the country. In one week, the price of food increased by 2%. The Federal Bureau of Statistics (FBS)...
Roshan Apna Ghar Scheme Launched As Per PM’s Vision: SBP Governor
ISLAMABAD: Governor State Bank of Pakistan, Reza Baqir said overseas Pakistanis can now buy or obtain financing for property in Pakistan from anywhere in the...
PSX Loses 272.63 Points to Close At 47,363.27 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing 272.63 points, with a negative change of 0.57 per...
Rupee Gains 47 Paisa Against USD
KARACHI: The exchange rate of US Dollar weakened by 47 paisa in the interbank on Thursday against Pakistani rupee.The greenback closed at Rs165.81 on fourth...
Finance Minister Confirms Cyber Attack On FBR Data Center
ISLAMABAD: The government has decided to take the services of a third party, an Irish company, before taking any action in the case of the...
7th Reformative Plan For Business Will Promote Investment In country: Dawood
Islamabad: Prime Minister adviser on business and trade Abdul Razzaq has said that seventh reformative plan for ease in the businesses will promote investment in...
US Dollar Jumps To 11-Month High Rate Against Rupee
KARACHI: The upward trajectory of the United States (US) dollar continued on Wednesday after it touched the 11-month high rate against the Pakistani rupee in...
$13 Billion Have Been Invested in CPEC: Mansoor
ISLAMABAD: Special Assistant to Prime Minister on China-Pakistan Economic Corridor Affairs, Khalid Mansoor on Tuesday said the government was taking comprehensive measures to provide maximum...
US Dollar Crosses Rs165 Mark
The exchange rate of US Dollar strengthened by 77 paisa in the interbank on Tuesday against Pakistani rupee.The greenback closed at Rs165.20 on second business...
PSX Loses 283 Points on Second Business Day of the Week
KARACHI: On the second day of the trading week, the market was down on the Pakistan Stock Exchange. With a decrease of 283 points, the...
Pakistan Foreign Exchange Reserves Jumps To $27.4 Billion Dollars
KARACHI:Pakistan’s foreign exchange reserves have jumped to $27.4 billion after the transfer of $2.75 billion dollar by the IMF. #SBP has received US$ 2.75 billion...
IMF Recongnizes Pakistan’s Assistance In Evacuation Of Its Personnel From Afghanistan
Islamabad: International Monetary Fund (IMF) has recognized Pakistan’s assistance in the safe and swift evacuation of its personnel and their families from Afghanistan. In a...
Rupee Falls By 25 Paisa Against USD
KARACHI: The exchange rate of US Dollar strengthened by 25 paisa in the interbank on Monday against Pakistani rupee.The greenback closed at Rs164.43 on first...
Bullish Trend At PSX
KARACHI: The Pakistan Stock Exchange (PSX) got off to a great start with a gain of over 500 points. On the first day of the...
IMF To Release Loan To Pakistan Under SDRs Today
Washington: International Monetary Fund (IMF) will start today a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion (about SDR 456 billion) to...