‘IFC committed to uplifting Pakistan’s agriculture, service sectors’
ISLAMABAD: A delegation of the World Bank Group's International Finance Cooperation (IFC) called on Adviser to Prime Minister on Commerce Razak Dawood...
PIA urged to pursue independent, sustainable business plan
ISLAMABAD: Adviser to Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh on Friday told the Pakistan International Airlines (PIA) management...
Govt decreases POL prices by up to Rs5.33 per litre
ISLAMABAD: Amid confusing statements by some cabinet members, it has been determined that the price of petrol has been slashed by Rs4.59,...
ADB vice president meets PM, pledges $7bn for Pakistan’s development
ISLAMABAD: Asian Development Bank (ADB) Vice President Shixin Chen, who was on his first official two-day visit to Pakistan (Aug 29, 30),...
S&P rates Pakistan B-/B, reaffirms stable outlook
LAHORE: Standards and Poor's (S&P) Global Ratings on Thursday, affirmed its ‘B-‘ long-term and ‘B’ short-term sovereign credit ratings for Pakistan meanwhile...
Rupee gains 6 paisas in interbank, closes at Rs157.22
ISLAMABAD: The exchange rate of dollar dropped by 06 paisas in interbank and traded at Rs 157.22 compared to last closing of...
Govt to introduce new LNG policy next month, says Babar
ISLAMABAD: Special Assistant to the Prime Minister on Petroleum Nadeem Babar on Thursday said that a new policy on liquefied natural gas...
SBP injects Rs 467bn into market
KARACHI: The State Bank of Pakistan on Thursday injected Rs 467 billion into money market for one night (overnight) as reverse repo...
IHC dismisses plea against Shabbar Zaidi’s appointment
ISLAMABAD: The Islamabad High Court (IHC) on Thursday dismissed a petition challenging the appointment of Federal Board of Revenue (FBR) Chairman Shabbar...
NEPRA asked to hike power tariff by Rs1.93 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has been asked on Thursday to increase the electricity tariff by Rs1.93 per unit.
The...
Govt wants to facilitate businesses, says finance adviser
Adviser to Prime Minister on Finance Abdul Hafeez Shaikh on Thursday said that the Pakistan Tehreek-e-Insaf (PTI) government wants to facilitate businessmen...
Iran-Pakistan gas pipeline to be completed by 2024
--Pakistan, Iran will sign a third agreement for the gas pipeline in Turkey next week
ISLAMABAD: Pakistan and Iran have decided to complete...
Power Division posts record increase in revenue
--Statistics indicate efforts against power theft are finally bearing fruit
ISLAMABAD: In the first month of the new fiscal year i.e. July 2019,...
ECNEC approves 10bn trees tsunami, BRT Red Line Karachi
--Meeting also approves development projects worth Rs579bn
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved the next phase of...
Govt waives off Rs208bn GIDC through presidential ordinance
--The amount had already been collected from the people during last five years
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has waived off approximately...