November 04, 2021: Europe's stock markets rose Thursday after the US Federal Reserve said it will start stimulus tapering this month, and before a likely interest rate hike from the Bank of England. In
November 4, 2021 (MLN): National Electric Power Regulatory Authority (NEPRA) on Wednesday approved the Winter Package of Rs12.96 per unit on incremental consumption for residential, commercial and general services consumers as proposed by
November 4, 2021 (MLN): In order to lift demand pressure over gas usage during the winter season, the government has announced the seasonal energy discount package, applicable from November 1, 2021, Hammad Azhar, Minister of
November 04, 2021: Pakistan Ambassador to China, Moinul Haque on Thursday called on Liu Ziqing, Member of Municipal standing committee and Secretary of Working Committee of Wuhan and discussed cooperation between Pakistan and
November 04, 2021: The Bank of England is forecast to raise its main interest rate Thursday for the first time since 2018 after the reopening of pandemic-hit economies caused inflation to surge worldwide.
November 04, 2021: Toyota on Thursday upgraded its full-year profit forecast after a strong quarter that saw it weather production cuts caused by a chip crunch and supply chain issues in pandemic-hit Southeast
Nov 03, 2021: Advisor to the Prime Minister for Finance Shoukat Tarin on Wednesday said Pakistan was not facing the inflation as alone but it had made a global phenomenon now a days
Nov 03, 2021: The Senate Standing Committee on Finance, Revenue and Economic Affairs on Wednesday expressed concerns on depreciation of the Pakistani rupee and Inflation in the country. The committee underlined that the
November 3, 2021: Prime Minister Imran Khan has announced a historic relief package of 120 billion rupees to provide essential commodities to twenty million families on subsidized rates. Addressing the nation on Wednesday,
Nov 03, 2021: The European Central Bank is “very unlikely” to raise its interest rates in 2022, president Christine Lagarde said on Wednesday, amid pressure on central bankers to respond to soaring prices.
November 03, 2021: The government has provided Rs 386.155 million to K-Electric with the subsides at par with the Ex-WAPDA DISCOs under Tariff Differential Subsidy during last 10 years. Sources told APP on Wednesday
Nov 03, 2021: The National Command and Operation Center (NCOC) on Wednesday lifted inbound travel restrictions for Category B countries including all high risk states other than Category C amid enforcement of obligatory
November 03, 2021: Foreign Minister Shah Mahmood Qureshi on Wednesday said Pakistan-EU Strategic Engagement Plan (SEP) had ushered into a new phase by laying a solid foundation and framework for multidimensional cooperation. The
November 3, 2021: Governor State Bank of Pakistan, Dr. Reza Baqir announced that banks have shown overwhelming response to an innovative financing scheme for collateral free lending to SMEs introduced by the State
November 03, 2021: The unemployment rate in the eurozone dropped again in September, official figures showed on Wednesday, as the economic bounceback from the pandemic kept hiring strong. The EU's Eurostat agency said
May 4, 2021: Finance Minister Shaukat Tarin has stressed re-visiting the farm-to-end-consumer chain by removing bottlenecks in farm labour, processing, transport and logistics to transform the agriculture sector. He was chairing a meeting of the
May 04, 2021: President Dr Arif Alvi called for promoting the knowledge-economy and digitalization of government organizations to enhance the efficiency of work and service delivery. He was talking to a delegation of Huawei, led
May 4, 2021: Finance Minister Shaukat Tarin has urged provinces to ensure the daily release of wheat on subsidized rates in compliance to keep the prices of wheat flour bags in check. He was chairing
May 4, 2021: Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood has said the first-ever shipment from Pakistan under Transports International Routiers reached Tashkent, Uzbekistan in 48 hours from Torkham, Pakistan. In
May 04, 2021: In view of restricting new variants of COVID-19 away from Pakistan, the National Command and Coordination Center (NCOC) has decided to cease the inbound pedestrian movement from Afghanistan and Iran from Wednesday
May 4, 2021 (MLN): The inflation is raising its ugly head once again, as CPI inflation scaled up to a 14-month high of 11.1% YoY in April’21 vs. 9.1% YoY in March’21, taking the 10MFY21average
May 3, 2021: Pakistan’s ambassador to Saudi Arabia, Lt. Gen. (Retd) Bilal Akbar held a meeting with Saudi envoy to Pakistan, Nawaf bin Said Al-Malki, in Riyadh on the other day and discussed matters related
May 3, 2021 (MLN): Pakistan’s exports to Japan grew by 47% YoY in 3QFY21 to $86.4mn from $58.7mn in the same quarter of FY20. These exports include exports of seafood, petroleum, dry fruits, spices, minerals,
May 03, 2021 (MLN): Overseas investors during the week ended April 23, 2021, purchased net securities of Rs.2.07 billion from Pakistan’s debt market, i.e. around Rs.2.03 billion lower than last week's numbers. According to a
May 03, 2021 (MLN): Pakistan received $7.41 billion total external inflows during July-Mar FY21 from multiple financing sources which are 61% of annual budget estimates of $12.23 billion for the entire fiscal year FY21. According
May 3, 2021: Pak-US Business Council has said a bipartisan bill moved in the US Senate to establish duty-free export zones along Pak-Afghan border will produce economic benefits for both countries besides peace in the
May 3, 2021: Federal Board of Revenue (FBR) has released the provisional revenue collection figures for the first ten months of the current fiscal year. According to the provisional information, FBR has collected net revenue
May 3, 2021: Minister for Finance Shoukat Tareen has assured consultation with all stakeholders in budget preparation process to achieve goals of sustainable development and inclusive growth. In a virtual meeting with Federation of Pakistan
May 3, 2021: Prime Minister Imran Khan has directed his economic team to give a special focus on the development projects and ensure measures to control the inflation in the upcoming budget. Chairing a meeting
May 03, 2021 (MLN): Exports from Pakistan in the month of April 2021 stood at USD 2.191 billion. This is the first time since 2011 that monthly exports have crossed the 2-billion mark for 7
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