PSX Gains 770 Points
KARACHI: Bullish trend prevailed at the KSE 100-index of the Pakistan Stock Exchange (PSX) on the first day of trading on Monday as the index...
OGRA Recommends Hike In Diesel Prices For Next 15 Days
LAHORE: The Oil and Gas Regulatory Authority (OGRA) has proposed hike in diesel price by Rs 4.36 per liter from June 1 while decision in...
OGRA Prepares Summary To Bring Changes In Prices Of Petroleum Products
LAHORE: The Oil and Gas Regulatory Authority (OGRA) has proposed to hike diesel price by Rs4.36 per liter from June 1. According to a summary...
Finance Minister Vows To Put Country On Path Of Inclusive, Sustainable Growth
ISLAMABAD: Finance Minister Shaukat Tarin has said agriculture, industries, IT and Service sectors will be incentivized in the next budget to enhance their productivity. Addressing...
SBP Extends Rs40,000 Prize Bond Encashment Deadline To September 30, 2021
The State Bank of Pakistan has extended the deadline to encash Rs 40,000 prize bonds by September 30 . You now have until September 30,...
Economy Back On Growth Path As predicted Earlier: Asad Umar
Islamabad: Federal Minister for Planning and Special Initiatives Asad Umar on Saturday said that he has informed two years ago that improvement in economy of...
Record Production Of Wheat, Rice, And Maize Witnessed This year: Fakhar Imam
Islamabad: Minister for National Food Security and Research, Syed Fakhar Imam says record production of wheat, rice, and maize has been witnessed this year. Addressing...
Pakistan, Russia Sign IGA For Gas Pipeline Project
ISLAMABAD: A progress has been made on Pakistan, Russia North-South Gas Pipeline project following the comprehensive strategy of the federal government as an amended inter-governmental...
SBP Announces Monetary Policy, Maintains Interests Rate At 7 Percent
KARACHI: The State Bank of Pakistan (SBP) on Friday to keep the interest rate unchanged at 7 percent for the next two months. In a...
Tarin Directs Provinces To Ensure Provision of Cheaper Wheat
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin on Monday said the incumbent government firmly believe in a Pro-people Budget by following a consultative...
Bullish Trend At Pakistan Stock Exchange
KARACHI: The Pakistan Stock Exchange (PSX) continued its recovery on the first trading day of rollover week on Monday with the benchmark KSE-100 index gaining...
Tractor Production Increases 65.24pc in Ten Months
ISLAMABAD: The production of farm tractors in the country witnessed an increase of 65.24 percent to 41,327 units during first ten month of financial year...
PM Lauds Overseas Pakistanis For Sending Record $24.2b Remittances
Islamabad: Prime Minister Imran Khan has thanked the overseas Pakistanis for sending record 24.2 billion dollars remittances during the first ten months of current fiscal...
PM Khan Reconstitutes ECNEC
ISLAMABAD: Prime Minister Imran Khan has reconstituted the Executive Committee of the National Economic Council (Ecnec) and appointed Minister for Finance Shaukat Tarin as its...
Sindh Issues New SOPS Amid COVID-19
KARACHI: After a span of nine days, public transport and business activities have been resumed with strict adherence to COVID-19 standard operating procedures (SOPs) in...
Prices of Petroleum Products To Remain Unchanged
ISLAMABAD: In order to provide relief to people, the government on Monday decided not to increase the price of petroleum products and accordingly MS petrol...
SBP Forms ATM Monitoring Teams
Karachi: State Bank of Pakistan (SBP) has formed ATM monitoring teams during Eid Ul Fitr holidays. As per the SBP, the measure has been taken...
Permission Sought To Open Restaurants Under SOPs
KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and All Pakistan Restaurants Association (APRA) urged the government to allow dine-in at the restaurants. Such views were expressed by representatives of FPCCI and APRA...
FBR Reduces Sales Tax on Petroleum Products
ISLAMABAD: A notification has been issued to reduce sales tax on petroleum products. The sales tax on kerosene has been reduced from 17% to 15.44%...
Meeting of Price Committee Held
ISLMABAD: Finance Minister Shaukat Tarin says government is striving to ensure smooth supply of basic items through a network of Ramadan Sahaulat and Saasta Bazaars...
Sindh Notifies New COVID-19 Restrictions
KARACHI: The new coronavirus restrictions in Sindh will be imposed on May 9 and stay in force till May 16, a notification by the province’s...
ECC Approves Provision of Extra Electricity to Karachi
ISLAMABAD: The Economic Coordination Committee of the cabinet has approved over 44 billion rupees for various projects, including 1.8 billion rupees for import of oxygen...
Shamshad Akhtar Appointed As First Female Chairperson Of PSX Board
Leading economist and former Governor State Bank of Pakistan (SBP) Dr. Shamshad Akhtar has been appointed as the Chairperson of Pakistan Stock Exchange Limited Board...
ECC To Meet Today
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is set to take up today (Wednesday) at least four critical policy decisions including the payment...
KSE-100 Index Gains 487 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around Tuesday and witnessed bullish trend, gaining 487.39 points, with positive change of 1.11...
Country To Face Serious Crisis In Next Four To Five Years: Tarin
ISLAMABAD: Federal Finance Minister Shaukat Tarin hinted at renegotiating deal with International Monetary Fund (IMF) and said the organization was being unfair with Pakistan. As...
Weekly Inflation Goes Up
ISLAMABAD: Inflation based on Sensitive Price Index for the combined consumption group for the week ended on April 29 witnessed a nominal increase of 0.05...
Govt Releases Details Of External Loans Taken In Last Nine Months
ISLAMABAD: Pakistan incurred foreign debt of $7.413 billion from multiple financing sources during July-March of 2020-21 including $3.120 billion from foreign commercial banks (42 percent)...
OGRA Proposes Hike in Petroleum Prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has on Friday proposed to hike petroleum prices by up to Rs6 per liter and a summary...
Tarin Calls For Completing Pakistan Single Window Project
ISLAMABAD: Finance Minister Shaukat Tarin has called for all-out effort to complete Pakistan Single Window project for ease in imports and exports. Chairing meeting of...
KSE 100-Index Losses 233 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 233.75 points, with negative change of 0.52 per cent,...
Bearish Trend at PSX As 100-Index Sheds 389 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Tuesday, losing 389.90 points, with negative change of 0.85 per cent,...
British HC Meets Finance Minister
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin said Monday that Pakistan attached special importance to bilateral relations with the United Kingdom and affirmed...
Memorandum Of Understanding Between Pakistan And Japan Signed
Islamabad: Special Assistant on Overseas Pakistanis and Human Resource Development Sayed Zulfikar Abbas Bukhari says Pakistan will soon start sending its skilled workforce to Japan...
Weekly Inflation Fell Down By 0.40pc
ISLAMABAD: Weekly inflation for the combined group in the period ended on April 22 slightly fell by 0.40 per cent on the back of a...