SBP raises Rs458.8bn from T-bill auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs458.8 billion through T-bills, against the auction target of...
Govt urged to allow Kinnow exports to Afghanistan as border opens temporarily
ISLAMABAD: While the government has reopened the Pak-Afghan border at Torkham for a few days, horticulture exporters have urged the government to...
Broiler chicken prices on the rise
LAHORE: Due to the improper supply, the price of broiler chicken price here in the provincial capital has increased by Rs21 per Kg...
Petroleum Division removes DGPC on NAB findings
ISLAMABAD: The Petroleum Division has removed Director General Petroleum Concession (DGPC) Imran Ahmed from his post following the initiation of an inquiry...
Europe struggles to agree on economic response to Covid-19
BRUSSELS: European governments remained at loggerheads Wednesday over measures to help the economy weather the coronavirus outbreak, breaking off a meeting of...
‘Subsidised rates’: ECC approves Rs50bn grant for utility stores
ISLAMABAD: The federal government on Wednesday approved a technical supplementary grant (TSG) of Rs50 billion for the Utility Stores Corporation (USC).
The approval...
Retailers seek liquidity support to survive virus lockdown
LAHORE: The official trade body of Pakistan’s retail sector has appealed the federal government extend liquidity support amid the coronavirus pandemic crisis...
10,000 Pakistanis unemployed in UAE after coronavirus outbreak
ISLAMABAD: Pakistani consul general in Dubai said on Wednesday that around 10,000 Pakistanis have lost their jobs in the United Arab Emirates...
Global trade will plunge by up to a third in 2020 amid pandemic: WTO
Global trade growth is expected to plummet by up to a third in 2020 due to the coronavirus pandemic, the World Trade...
Stocks drift lower amid lack of triggers
Benchmark KSE-100 sheds 260 points to end below 31,000-mark
Pakistan’s inflation to drop to 8.3pc in FY21: ADB
ISLAMABAD: The inflation rate in Pakistan would slow down to 8.3 per cent in the fiscal year 2020-21, the Asian Development Bank...
Investors warned not to rush into travel and leisure stocks
Investors are being warned about piling money into the travel and leisure sectors after their recent surge.
Travel and leisure stocks including airlines...
Big shopping malls agree to waive rents during lockdown
LAHORE:Almost all leading malls of the country, including Dolmen Mall, Packages Mall, LuckyOne Mall, Centaurus and Mall of Lahore, have waived April...
LCCI seeks relaxation for small traders, shopkeepers
Lahore: Lahore Chamber of Commerce and Industry (LCCI) President Irfan Iqbal Sheikh has appealed to the government to give relaxation to small traders...
Razak assures to protect labour force, in-time payments to exporters
ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood has assured to protect the labour force, besides ensuring...