Dollar gains Rs2.7 in open market
Amidst panic triggered by the economic fallout of the global coronavirus outbreak, the US dollar witnessed an appreciation in its value against...
Cement sector posts cumulative loss of Rs500m for 2QFY20
LAHORE: Pakistan’s cement sector has posted a cumulative loss of Rs500 million in the second quarter of FY20.
Shankar Talreja, a senior analyst...
Govt indifferent to Buner’s marble industry; 80 units closed
PESHAWAR: Despite having tremendous potential, the marble industry of Buner has been facing an acute crisis owing to the ignorance of successive...
ECC asked to fix wheat support price at Rs1,400
ISLAMABAD: Following a parliamentary committee's recommendations to encourage local farmers to grow additional wheat, the government on Monday decided to increase the minimum...
Zubair Gilani quits as BOI chairman
ISLAMABAD: Board of Investment (BOI) Chairman Zubair Gilani resigned from his post on Monday.
The announcement to this effect came through a brief...
SBP to announce monetary policy on 17th
Analysts expect a 'rate cut' amid increased concerns regarding impact of coronavirus outbreak on global economy
KSE-100 nosedives after oil prices plunge
Index recorded its biggest intraday slump of -5.8pc, forcing a 45-minute 'market halt' earlier in the day
Sialkot prepares for take-off
Here is a fact you may not know: there are four cities in Pakistan from which you can catch a regular direct...
Coronavirus: KP importers fear losses because of Pak-China border closure
PESHAWAR: Like other parts of the country, the importers in Khyber Pakhtunkhwa have been facing billions of rupees worth losses due to...
CPPA recommends Rs3.5 per unit hike in power tariff
ISLAMABAD: The country's power tariff may witness an increase of Rs3.506 per unit under the monthly fuel price adjustment mechanism, as the...
Gender parity will bring $30bn to Pakistani economy: report
KARACHI: Pakistan can add more than $30 billion to its GDP if it can improve parity between men and women, says reports on...
Pakistan’s housing backlog touches 10.3m mark
LAHORE: Despite the government's ambitious agenda to build five million affordable houses in the next five years, it seems that the availability...
Railways to give nine more trains to private sector
LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Saturday that after giving three freight trains to the private sector, nine more trains...
Less consumption of RLNG puts SNGPL infrastructure at stake
ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has warned that the reduced consumption of Re-gasified Liquefied Natural Gas (RLNG) by the...
Sadia Khan appointed as SECP commissioner
ISLAMABAD: The government has appointed Sadia Khan as commissioner of the Securities and Exchange Commission of Pakistan (SECP) for a period of...