According to figures released by the PBS, the Yearly Inflation rate in August 2018 was 5.84 percent compared to 5.83 percent in July 2018 and 3.41 percent in August 2017. The July-August average
The Meeting of the Economic Coordination Committee of the Cabinet, held under the chairmanship of Asad Umar, Federal Minister for Finance, has decided that all demand for fertilizers are from now onwards to
Implementation Committee of Diamer Basha and Mohmand Dams (ICDBMD) / Pakistan Water and Power Development Authority (WAPDA) Chairman Lt Gen Muzammil Hussain (Retd), on Thursday, presented a detailed report to the Chief Justice
The Supreme Court of Pakistan, on Monday, declared the appointment of PIA CEO Musharraf Rasool Cyan, as null and void on grounds that he was appointed in violation of the guidelines for such
The Asian Development Bank’s (ADB) Board of Directors has approved a $100 million loan to address chronic water shortages and increase earnings on farms in Balochistan, Pakistan’s largest and poorest province. The Balochistan
Hyundai Motor Company, South Korea's largest carmaker by sales, informed on Monday, that its August sales rose by 9.2 percent from a year earlier due to recovering demand in China. Hyundai Motor sold
Prime Minister Imran Khan has called a meeting on Monday, to discuss the implementation of the construction of the five million houses he has promised to build for the masses. Experts from the
In continuation of the four day long bearish spell on the stock market of the country, selling spree continues unabated as the benchmark index of the nation sheds over 460 points during early
Tariq Ahad Nawaz, Advisor to Federal Tax Ombudsman (FTO) has said that we have improved the mechanism of processing and deciding complaints against tax officials for providing quick relief to the complainants, a senior official
Market Data and Economic Indicators Weekly Performance Aug 31, 2018 Aug 24, 2018 PKR InterBank 124.244 124.242 KSE100 Index 41,742.24 42,588.29 Avg Daily Volume 177,481,592 131,722,390 Gold (Karachi) Rs/10 gm 49,554 47,668
The United States is working to create a new agency with broad authority to compete with China in offering countries financing options for major infrastructure and development projects, according to a major American
US President Donald Trump on Saturday threatened to exclude Canada from a new NAFTA agreement after negotiations to rewrite the pact ended without an agreement the night before. “There is no political necessity
Prime Minister Imran Khan has approved the formation of an Economic Advisory Council which will consist of 11 members from the private sector. According to a notification issued by the Implementation and Economic
The newly elected government of Pakistan, in its first official notification on petroleum products, has decided to reduce the price of petrol by Rs 2.41 per liter, with changes taking effect from Saturday
The Federal Board of Revenue (FBR) has extended the date for filing of income tax returns/statements for the year 2018. According to a circular on FBR Website, the date for filing of income
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