Govt likely to allow petrol stations to set their own prices

As consumers across the country face difficulties due to petrol shortage, the government is currently contemplating completely deregulating pricing and marketing of...

Sindh textile millers demand up to 40pc reduction in gas tariff

KARACHI: All Pakistan Textile Mills Association (APTMA) Sindh-Balochistan Chairman Zahid Mazhar has demanded the government to reduce the tariff of indigenous gas...

Stocks rally 399 points amid improved sentiments

KARACHI: Bullish trend prevailed at the Pakistan Stock Exchange (PSX) on Monday, with the benchmark KSE-100 accumulating over 400 points intraday amid...

HBL and Pakistan Post join hands to further financial inclusion 

ISLAMABAD: HBL and the Pakistan Post Office Department (PPOD) have entered into a 20-year strategic alliance with an investment portfolio of Rs118...

Rehan Shaikh appointed Standard Chartered Pakistan CEO

KARACHI: Rehan Shaikh has been appointed as the Director and Chief Executive Officer (CEO) of the Standard Chartered Bank Pakistan (SCBPL), according...
Swat orchards

KP Agriculture Department to experiment eco-friendly method to fight fruit flies  

PESHAWAR: The Agricultural Research Institute Peshawar has initiated a project on an experimental basis to protect citrus fruit orchards from  fruit fly...
Pakistan-economy

Investments decline while savings increase amid high inflation

ISLAMABAD: The country’s investment-to-GDP ratio has declined during the last three years from 17.3 percent in 2017-18 to 15.4 percent in 2019-20...

Manufacturing, services report negative growth while agriculture thrives

ISLAMABAD: Due to the adverse impact of the Covid-19 pandemic, manufacturing and service sector have reported a negative growth of -5.6 percent...

Government to finalise budget on June 8

The government is set to finalise the outlay for the federal budget 2020-21 on June 8 in a meeting of the National...

Govt considering fixed Rs20 per litre GST on petroleum products

As oil prices decline in the international market, the government in a bid to protect its revenues is considering setting the General...

Exporters set to capitalise on PPE export market

ISLAMABAD: The exporters of textiles and Personal Protective Equipment’s (PPEs) have welcomed the government’s decision of allowing exports of all PPE items,...
Petroleum dealers

ECC ignored advice of Petroleum Division on preempting supply shortage of petroleum products

The Economic Coordination Committee (ECC) of the Senate is to blame for the current shortage of petroleum products as it rejected a...

Is Bol TV guilty or only a victim of media politics?

KARACHI: In three separate lawsuits filed with the Sindh High Court, Labaik Pvt Limited is being sued for a collective $16 million...

CDWP cuts ML-1 cost by $2bn, seeks ECNEC’s approval

–Source says govt intends to collaborate with private enterprises on some portions of railways track  –CDWP approves 13 projects worth Rs36.18bn ISLAMABAD: With a major...

Rawalpindi Ring Road to materialise after years of delay

RAWALPINDI: Rawalpindi Development Authority (RDA) on Saturday organised a seminar in Gymkhana Club to share the proposed 'Rawalpindi Ring Road Project' with...