Steel industry concerned over ‘proposed facilities’ for TSML revival
ISLAMABAD: Expressing serious concerns over the government's intention to facilitate the revival of Al-Tuwairqi Steel Mills Limited (TSML) through heavily subsidized gas...
PSX recovers from early tremors, closes in green
KSE-100 lost 1,689 points during the initial trading hour, before bouncing back to close higher by 104 points
PM gives go ahead to five-year trade policy, says Dawood
–PM aide says new policy will focus on value-added sectors
–Says govt to focus on engineering, chemical sectors instead of textiles
ISLAMABAD: The federal...
SC questions payment of salaries to PSM employees despite closure
ISLAMABAD: The Supreme Court (SC) on Thursday, while hearing a case pertaining to the privatisation of Pakistan Steel Mills (PSM), questioned the...
Establishment of National Tax Council approved to harmonise GST
ISLAMABAD: As suggested by the International Monetary Fund (IMF), the centre and provinces have finally agreed to establish a National Tax Council (NTC)...
Farmers urge govt to increase wheat support price to Rs1,600
'Instead of providing relief to rain-affected farmers, govt announced Rs20bn subsidy for rich millers'
SNGPL seeks 100pc increase in gas tariff
ISLAMABAD: The state-owned gas companies have proposed up to 100pc hike in gas price for the next fiscal year (applicable from July...
Foreign divestment in T-bills reaches $607m
KARACHI: Total gross divestment during March 2020 reached $606.5 million, according to data released by the State Bank of Pakistan (SBP).
Foreign investors divested...
NA body directs FBR to expedite payment of refund claims
--Exporters say 'won't be able to continue their businesses owing to refund payments stuck with FBR'
--FBR official claims 'only those cases are...
Bloodbath at PSX; index plummets over 1,700 points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed bloodbath on Thursday, as the indices nosedived right from the word go, triggering...
Electric vehicle push struggles to accelerate in Pakistan
ISLAMABAD: As Pakistan's first-ever electric three-wheeled rickshaws start to roll off the assembly line, the country is struggling to build momentum for...
‘Pakistan’s economic fundamentals strong enough to absorb coronavirus shocks’
--SBP deputy governor says Pakistan's supply chain with China will soon be restored as coronavirus cases there are coming down there
--Says fall...
Experts call for check on banks after court allows auction powers
–Hamid Khan says LHC decision will empower banks against fraudulent borrowers who try to cheat the system
–Khalid Ranjha calls for transparency in...
KP development projects in a limbo due to shortage of funds
PESHAWAR: Khyber Pakhtunkhwa’s (KP) Home Affairs Department could not initiate work on some of the key projects of its annual development programme due...
Govt to facilitate construction sector for affordable housing, says PM
Imran inaugurates construction of 20,000 housing units in federal capital