Pakistan’s debt, liabilities close to GDP size
KARACHI: Pakistan’s total debt and liabilities in the third quarter of fiscal year 2020 climbed to a whopping Rs42.8 trillion, according to...
Big industry contracts 23pc in March
ISLAMABAD: As the government had imposed a partial lockdown during the month of March owing to COVID-19 outbreak in the country, growth...
ISGS Board accepts MD Mobin Saulat’s resignation
Petroleum Division's Saira Najeeb Ahmed made acting managing director of ISGS
Relief package for Afghan refugees announced
ISLAMABAD: The government of Pakistan, the Ministry of States and Frontier Regions (SAFRON) and the United Nations High Commissioner for Refugees (UNHCR), in...
Govt agencies urged to end all agreements with tobacco companies
ISLAMABAD: The Global Tobacco Industry Interference Index (GTIII) has called for banning all tobacco-related corporate social responsibility (CSR) activities in Pakistan, saying...
PM lauds EU for extension in GSP-Plus status
ISLAMABAD: Prime Minister Imran Khan Tuesday appreciated the European Union’s decision for continuation of GSP+ status to Pakistan which contributed towards the...
Honda sinks deeper into quarterly losses on virus outbreak
TOKYO: Japanese automaker Honda Motor Co sank deeper into losses for the fiscal quarter that ended in March, as the damage to...
Growth forecast cuts ‘very likely’ as coronavirus hits economies hard: IMF chief
WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday it was “very likely” the Fund would cut global growth forecasts...
Minister stresses completion of priority transactions under privatisation programme
ISLAMABAD: Privatisation Minister Mohammedmian Soomro was apprised on Tuesday that substantial progress had been made to conclude the transactions of National Power...
NBP’s income jumps 11.5pc to Rs108bn, AGM told
ISLAMABAD: The 71st annual general meeting of the National Bank of Pakistan was informed on Tuesday that total income of NBP closed...
Govt constitutes 10th National Finance Commission
--Centre includes resources for security and natural disasters/calamities as part of NFC ToRs
--President allows finance adviser to chair NFC in absence of...
ADB lauded for aiding Pakistan in fight against coronavirus
ISLAMABAD: Asian Development Bank (ADB) Country Director for Pakistan Mrs Xiaohong Yang called on Federal Minister for Economic Affairs Makhdum Khusro Bakhtyar...
Poultry industry asks govt to allow free market price mechanism
LAHORE: The Pakistan Poultry Association (PPA) on Tuesday urged the government to allow a free market mechanism to function and regulate demand,...
FBR urged to abolish 3pc further tax on sales to unregistered persons
ISLAMABAD: The Federal of Pakistan Chamber of Commerce and Industry (FPCCI), in its budgetary proposals for the next fiscal year (FY21), has...
Bourse turns bullish over improved investor sentiment
KSE-100 gains 319 points on expectations of a further rate cut; construction of dams