Pakistan’s economy to grow by 2pc in FY21, says ADB
'Pakistan was on a path of economic recovery before Covid-19 and will resume efforts to address macroeconomic imbalances once the virus subsides'
Bears dominate PSX as index sheds 308 points
'Political uncertainty amid emergency lockdown in different parts of the country caused investors to rethink their decisions'
LCCI urges govt to bring business centric amendments in budget FY21
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) during a seminar held on Thursday, urged the government to make some amendments...
India tells two state firms not to use China telecoms gear
New Delhi's move comes amid a backlash against companies from China after the killing of 20 Indian soldiers by Chinese forces
Timely action helped Pakistan mitigate Covid’s impact on home remittances: MoF
Finance secretary says remittances declined by a meagre 4.3pc in 11 months, as compared to World Bank's forecast of -23pc for the ongoing fiscal
Pakistan’s rice exports may surpass 4 million tonnes in FY20
With more orders during Covid-19, basmati exports surge 42.6pc in 11MFY20
Rupee hits two-month low of Rs166.35
KARACHI/LAHORE: The Pakistani Rupee after declining consecutively for four days slid by another 64 paisas (0.4 per cent) on Thursday, June 18,...
Pakistan’s mango growers face a sticky season
Pakistan is the world’s fifth-largest mango producer, after India, China, Thailand and Indonesia, according to Pakistan’s Chambers of Commerce and Industry.
Govt opposes its own bill extending free air travel to families of parliamentarians
ISLAMABAD: The federal government on Wednesday opposed the Members of Parliament (Salaries and Allowances) (Amendment) Bill, 2020 in the Senate which aims...
PSDP 2020-21: Senate body protests non-inclusion of recommended projects
ISLAMABAD: The Senate's Standing Committee on Planning, Development and Special Initiatives has expressed serious concerns over the non-inclusion of projects recommended by...
Senate committee raises questions on proposed Gwadar duty exemptions lasting 40 years
ISLAMABAD: While rejecting and expressing disappointment on some proposals made in the Finance Bill 2020, the Senate Standing Committee on Finance on...
CM Murad unveils Sindh budget with an outlay of Rs1.24tr
--Rs23bn earmarked for education, Rs28bn for health and Rs5bn for Covid-19 prevention
--CM says no new tax will be introduced in FY21; announces...
Locusts may damage up to 75pc major crops in one year
ISLAMABAD: While the total value of Pakistan’s major crops of Rabi and Kharif season stands at Rs3,268.7 billion, locust infestation can cause...
SBP calls for sustainable, market-led financing of housing projects
KARACHI: The State Bank of Pakistan (SBP) Governor Dr Reza Baqir called a meeting of major banks on Wednesday to discuss sustainable...
Fearing food emergency, govt imposes Essential Services Act on utility stores
--Move to ensure union activities remain subdued and there are no strike calls during Covid-19
--USC Union chief says govt's decision is 'tantamount...