PM hails narrowing of current account deficit
ISLAMABAD: Prime Minister Imran Khan on Tuesday expressed satisfaction that Pakistan's economy was finally heading towards the "right direction" as economic reforms have...
SECP warns public against investing in companies offering ‘unreal’ profits
The Security and Exchange Commission of Pakistan has issued a warning to the general public regarding investing in fake investment companies and...
Non-performing loans surged 23pc in FY19, Senate body told
ISLAMABAD: The non-performing loans (NPLs) of the banking sector have increased by more than 23pc during the fiscal year ending June 30,...
IMF rejects downward revision in FBR’s revenue target
ISLAMABAD: The International Monetary Fund (IMF) has rejected the government's request for a downward revision in the revenue target for the ongoing fiscal...
CDWP approves eight projects worth Rs31.6bn
ISLAMABAD: The Central Development Working Party (CDWP) on Monday approved eight projects worth Rs31.6 billion and recommended five projects worth Rs195.1 billion to...
Local assemblers irked over increase in used car imports
ISLAMABAD: Local car manufacturers/assemblers have raised serious concerns over the surge in the import of used cars during the last two months, saying...
SBP to announce monetary policy on Friday
The State Bank of Pakistan (SBP) would unveil its monetary policy for the next two months on Nov 22 (Friday).
Prior to the...
Asad Umar returns to federal cabinet as planning minister
ISLAMABAD: Former finance minister Asad Umar will make a return to the federal cabinet as the minister for planning and special initiatives, PM’s...
Tomato imports suffer amid protests in Iran
KARACHI: Price of tomatoes won't be coming down any time soon as protests in neighbouring Iran over petrol price hike have hindered...
Chinese investment in CPEC energy projects reaches $12.4bn
ISLAMABAD: In a recent meeting held in Islamabad, China had shared with Pakistan that it has so far invested $12.4 billion in...
No circular debt after Dec 2020, vows finance adviser
ISLAMABAD: Adviser to Prime Minister on Finance & Revenue Dr Hafeez Shaikh on Monday reiterated the government's resolve to eliminate circular debt by...
SC bars govt from selling Pakistan Steel Mills land
ISLAMABAD: The Supreme Court (SC) on Monday barred the government from selling land owned by Pakistan Steel Mills to generate funds to...
‘Govt aims industrial expansion under CPEC’s 2nd phase’
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar said on Monday that under the next (2nd) phase of China Pakistan Economic...
PM inaugurates Havelian-Thakot motorway section
Prime Minister Imran Khan on Monday inaugurated Havelian-Thakot section of Hazara motorway.
The Hazara motorway is an integral part of the China-Pakistan Economic...
PIA on SECP’s radar over ‘market manipulation’
ISLAMABAD: Taking serious notice of a recent statement issued by the Pakistan International Airlines Corporation chief executive officer (CEO), the Securities and Exchange...