Sindh textile millers seek govt’s intervention as virus shakes industry
KARACHI: Textile millers on Thursday demanded the government to take drastic steps to save the export-led textile industry from the negative economic...
KSE-100 makes smart recovery after shedding over 1,900 points
KARACHI: It was another volatile day at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index slipping below the 29,000-mark during...
Rs9.37bn released for textile exporters, says Dawood
The Ministry of Commerce has released Rs9.37 billion to textile exporters under various schemes, said Adviser to Prime Minister for Commerce, Textile,...
Public debt to remain 83pc of GDP in FY20
ISLAMABAD: The country’s public debt will remain 83 per cent of the Gross Domestic Product (GDP) during the current fiscal year (2019-20),...
Big industry contracts 3.4pc in seven months
ISLAMABAD: The Pakistan Bureau of Statistics on Wednesday reported that growth in the large-scale industries has contracted by 3.37pc in the first...
Are ‘market halts’ effective enough to ease investors’ panic?
Heightened market volatility witnessed during the past week and a half has triggered five market halts at the Pakistan Stock Exchange (PSX)....
Govt approves emergency response programme to tackle coronavirus
MoP clears $238m from World Bank’s funding, endorses another $350m from ADB
PSX continues to bleed, index sheds 2,200 points
KARACHI: Bears extended their control on the Pakistan Stock Exchange (PSX) on Wednesday, with the indices nosediving right from word go, triggering...
ECC approves Rs4.1bn grant to boost FBR’s capacity
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved a technical supplementary grant of Rs4,152 million for the Federal...
Textile sector, economists ‘disappointed’ with SBP’s new interest rate
'SBP should waive interest rates for three months and freeze all repayments till coronavirus situation improves'
SBP cuts key interest rate by 75bps to 12.50pc
Bank announces Rs5bn scheme to combat coronavirus
Stocks plunge over 1,000 points as coronavirus intensifies in Pakistan
KARACHI: After registering its biggest decline in a decade yesterday, the Pakistan Stock Exchange (PSX) continued with its downward trajectory on Tuesday,...
Covid-19: PM Imran asked to announce bailout package for export sector
LAHORE: The Ministry of Commerce (MoC) has recommended Prime Minister Imran Khan to announce a bailout package for the export sector amid...
SBP to announce monetary policy today
KARACHI: The Monetary Policy Committee of State Bank of Pakistan (SBP) will meet on Tuesday (today) to announce its decision on the...
February FDI sees highest percentage rise since 2017
KARACHI: Foreign Direct Investment (FDI) in Pakistan rose 151pc to $289 million in February 2020, compared to $151 million in February last...