Govt hesitant to link SBP governor’s tenure with performance

ISLAMABAD: Prime Minister Imran Khan-led government of the Pakistan Tehreek-e-Insaf  (PTI) is reluctant to link tenure of State Bank of Pakistan (SBP)...
CDNS

CDNS to be safeguarded against ill-gotten money, terror financing: MoF

ISLAMABAD: The Finance Division, through the promulgation of National Savings Schemes (AML-CFT) Rules, 2019, has decided to engage an AML-CFT compliant bank...

‘Lahore’s Mughalpura dry port to be operational next week’

LAHORE: Railways Minister Sheikh Rasheed Ahmed announced on Saturday that Lahore's Mughalpura dry port, which remained closed for the last six years, would...

PSX may suspend trading in HWQS shares

The sugar manufacturer was already placed on defaulters' list since 11th Nov 2019

Pakistan spends $89m on import of insurance services

ISLAMABAD: Pakistan spent $89.621 million to acquire foreign insurance services from various countries during the first four months of the financial year...

Textile exports register 4pc growth in first half FY20

ISLAMABAD: Pakistan's textile and clothing exports increased four per cent to $6.90 billion during the first half of the current financial year (FY20),...

Subsidised rice crop tool scheme may end era of bone-breaking plantation  

LAHORE: The family of Allah Ditta in Mahmoodkot neighborhood of Atahra Hazari, Jhang, is longing to be lucky enough to win a rice...

Big industry contracts 5.9pc in five months  

Economists term constant increase in cost of energy, raw material and working capital as reason behind decline in LSM production 

Foreign investment in T-bills crosses $2.2bn

KARACHI: T-bills worth $536 million were bought by foriegn investors during the latest auction, it was learnt on Friday. According to the State...

PSX places Summit Bank on defaulters list 

'The bank had failed to hold its Annual General Meeting, besides failing to submit its Annual Audited Accounts for 2018'

FBR unearths over $5m worth of under-invoicing in IT imports

ISLAMABAD: The Federal Board of Revenue (FBR) unearthed over $5 million worth of under-invoicing in IT imports after the Senate Standing Committee...

Multi-billion dollar TAPI gas pipeline project facing no delay

ISLAMABAD: The Petroleum Division has said that the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project is progressing as per the “timelines” agreed among the...

Climate change ministry, MoST won’t have any say in EV policy now

Ministry of Industries & Production to redraft and implement electric vehicles policy

Govt striving to bring back 60s’ glory: minister

Conference on AI Implications in National Security and Hybrid Warfare brings together professors, experts, govt officials

SBP reserves up $82m to $11.58bn

The foreign exchange reserves held by the State Bank of Pakistan increased 0.71pc on a weekly basis, according to data released by...