Govt lambasted for missing revenue targets
PML-N leader doubts govt's seriousness, says no update on FBR chairman since December 2019
WB to provide additional $700 million for Dasu Hydropower Project
The World Bank Board of Directors has approved a $700 million additional financing to help Pakistan generate low-cost, renewable energy to provide...
Govt refuses to pay for bad currency bets made by textile exporters
Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday made it clear that the government would not compensate losses of...
PSX announces only one trading session on Friday
The Pakistan Stock Exchange has announced that only one trading session would be held on Friday.
In a notice sent here to all...
Comprehensive arrangements made to keep essential industry running: Hammad
ISLAMABAD: Minister for Economic Affairs Hammad Azhar has said that comprehensive arrangements have been made to ensure sufficient production and supply of...
ADB sells $4.5b two-year global bonds in largest-ever single tranche outing
MANILA, PHILIPPINES: The Asian Development Bank (ADB) returned to the US dollar bond market on March 31 with the pricing of a...
Oil subdued in Asian trade
The US crude was higher in Asian trade Wednesday but sentiment remained subdued as Saudi Arabia floods the market with oil and...
Asian markets mostly higher but coronavirus uncertainty casts shadow
Asian markets were mostly up Wednesday after suffering a diabolical first quarter, while traders weigh trillions of dollars in global stimulus with...
Rs280 billion allocated to purchase wheat, says Hammad
Planning Minister Asad Umar has underlined the need for a united national response to meet the challenge of Coronavirus pandemic.
He was briefing...
Rangers to ensure movement of goods transport across country
The federal cabinet, which met in Islamabad the other day with Prime Minister Imran Khan in the chair, decided to restore food...
FBR extends date for payment of sales tax, federal excise return
The Federal Board of Revenue has further extended the date of payment of sales Tax and federal excise return for the tax...
Oil ends March with biggest monthly and quarterly losses ever
NEW YORK: Crude oil benchmarks ended a volatile quarter with their biggest losses in history, as both US and Brent futures were...
Attock refinery to close in a week unless demand rises, says top official
Attock Refinery is operating its 54,000 barrels per day (bpd) plant at 29 per cent capacity and is prepared to shut the...
Exporters demand bailout as currency bets go wrong
LAHORE: The leading 26 textile exporters of Pakistan have demanded the government to intervene by giving them the option to make their...
British cybersecurity firm launches ‘VST Pakistan’
British cybersecurity company founded by tech entrepreneur Louis-James Davis has announced that it is to formally launch a new subsidiary in Pakistan...