Eurozone inflation falls to 0.7% on plunging energy prices
Inflation in the eurozone fell in March, official data showed Tuesday, reflecting a major drop in energy prices as oil demand plummeted...
Dollar continues climb against rupee
The value of the US dollar slightly against the rupee as it depreciated by 60 paisa in interbank session
The rupee was closed...
UN calls for $2.5 trillion coronavirus rescue package for developing countries
The United Nations has called for 2.5 trillion dollars coronavirus rescue package for developing countries to boost their resilience to further hardship...
As demand plummets, cement sector braces for the worst
LAHORE: The local cement players of the country have started to close down their plants as economic activity significantly slowed down with...
Bulls return to Pakistan Stock Exchange as KSE-100 climbs
Amid positive market triggers , bulls returned to the Pakistan Stock Exchange (PSX) during early trading hours on Tuesday as the benchmark...
Coronavirus pandemic to hit growth in Asia, China: World Bank
The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China,...
Oil prices rebound strongly, WTI crude up more than 7%
Oil prices rebounded strongly in Asian trade Tuesday a day after falling to 18-year lows, as investors took heart from moves by...
COVID-19: FBR wants field officers exempted from lockdown
ISLAMABAD: In the wake of current lockdown in the country due to fast spreading of coronavirus (COVID-19), the Federal Board of Revenue...
SBP allows one-year moratorium on consumer loans’ principle
KARACHI: In a major development keeping in view the coronavirus situation, the State Bank of Pakistan (SBP) has said that banks and...
Donald Trump, Putin discuss oil price plunge, coronavirus threat
WASHINGTON: President Donald Trump and his Russian counterpart Vladimir Putin discussed plunging oil prices and the coronavirus pandemic on Monday, the Kremlin...
SBP to provide cheap loans to industrialists who will not lay off employees: PM
Prime Minister Imran Khan has announced that the State Bank of Pakistan (SBP) has decided to provide cheap loans to the industries...
Govt approves Rs43m to set up media wing
ISLAMABAD: The federal cabinet has approved Rs42.791 million for the creation of a Digital Media Wing in the Ministry of Information and Broadcasting...
COVID-19: MoF suspends preparations for next fiscal budget
ISLAMABAD: The Ministry of Finance has suspended the budget preparations due to the ongoing COVID-19 pandemic.
"The ministry has suspended for the time...
COVID-19: ECC approves Rs1.2tr relief package
Also approves Rs75bn for FBR to payback sales tax and income tax refunds, duty drawbacks and customs duties which are due for last 10 years
MEPCO disconnects power of 25 textile mills despite ‘extension in payment date’
LAHORE: The Multan Electric Power Company (MEPCO) on Monday flouted the notification of the Power Division regarding an extension in the date of...