Karachi: Inter-city Bus Service Restored
KARACHI: Inter-city bus service has been restored. Bus owners say that this decision of the government has caused severe financial loss to the them. Transport...
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...
Weekly Inflation Increases in Pakistan
ISLAMABAD: Despite tall claims of the Pakistan Tehreek-e-Insaf (PTI) government, the Sensitive price Indicator (SPI) based weekly inflation for the week ended on May 06,...
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...
KSE-100 Index Gains 380 Points
KARACHI: KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend Wednesday, gaining 380.02 points, with positive change of 0.85 percent, closing at...
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...
Gold Prices Witness Increase
KARACHI: The price of 24 karat per tola gold witnessed increase of Rs100 on Monday and was traded at Rs104,100 as compared to Rs104,000 the...
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...
Govt Decides Discontinuing Rs7,500 Prize Bond
ISLAMABAD: The federal government has decided to discontinue Rs7,500 denomination prize bonds from January 2022 in order to address concerns of the Financial Action Task...
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 Sheds 196 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing 196.01 points, with negative change of 0.44 percent, closing...