May 06, 2020: Oil prices on Wednesday built on the previous day's surge, boosted by signs of easing in the coronavirus that is allowing some countries to begin opening their economies. International benchmark
May 05, 2020 (MLN): Pakistan's trade deficit for 10 months (July-April) FY20 was USD 19.50 billion compared to a deficit of USD 26.23 billion from the corresponding period from FY19. According to data
May 05, 2020: The Federal government has so far authorized to release Rs 7595.950 million for various ongoing and new projects of Finance Division under its Public Sector Development Programme (PSDP) 2019-20, as
May 05, 2020: Europe's major equity indices rebounded at the open on Tuesday, as more nations moved closer towards easing coronavirus lockdowns. London's benchmark FTSE 100 index of leading blue-chip companies advanced 1.6
May 5, 2020: A meeting of the Cabinet Committee on Energy was held in Islamabad today with Minister for Planning, Development and Special Initiatives Asad Umar in the chair. The meeting was apprised
May 05, 2020: Equities and crude rallied Tuesday as investors cheered a further easing of lockdowns in some countries, which offset a brewing row between the US and China that some fear could
May 4: President Dr Arif Alvi has approved amendments in Companies Act 2017 to provide an enabling regulatory framework to facilitate startups in Pakistan. These amendments were proposed by the Securities and Exchange
May 04, 2020 (MLN): The Banking sector spread for March 2020 shrunk by 18 basis points (bps) over the month which brings its latest value to 5.19% as compared to prior month's spread
May 04, 2020 (MLN): In line with the market consensus, the headline inflation in Pakistan finally fell into single-digit level to 8.5% in April 2020 after a hiatus of 8 months. To recall, in
May 4, 2020: The Central Directorate of National Savings (CDNS) has achieved a collection net target of Rs173 billion in the last 10 months of the current fiscal year by May 2. CDNS
May 04, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.72% during the week ended Apr 30, 2020 while the SPI increased by 9.84% compared to the
May 04, 2020: Europe's stock markets sank at the open on Monday on simmering two superpowers tensions, with Frankfurt and Paris falling far more sharply than London after a long holiday weekend.
May 04, 2020: A sum of Rs 99.238 billion including Rs 93.9 billion for land acquisition on multi-purpose Diamer Bhasha dam project has already been spent so far. Sources told APP here that
May 04, 2020: A third meeting of the think tank formed by Prime Minister to assess the emerging economic situation arising out of COVID-19 was held in Islamabad yesterday with the adviser on
May 04, 2020: Oil prices fell on Monday after strong gains last week, with continued concerns about oversupply and storage capacity due to a coronavirus-triggered demand shock overshadowing massive output cuts. US benchmark
April 30, 2019: The footwear exports from the country witnessed an increase of 11.42 percent during the first three quarters of the current fiscal year compared to the corresponding period of last year. Pakistan exported
April 30, 2019 (MLN): The Assets Declaration Ordinance, 2019, which is being referred to as the revised Tax Amnesty Scheme, is plausibly in the process of promulgation by the Government. The draft scheme serves the
April 30, 2019: Pakistan's exports of telecommunication, computer and information services have increased to 708.920 million dollar, registering 2.15 per cent growth in first eight months of current fiscal year. According to data issued by
April 30, 2019: The meeting of the Federal Cabinet will be held in Islamabad today with Prime Minister Imran Khan in the chair. During the meeting, the Prime Minister will take the cabinet into confidence
April 30, 2019: On the direction from Federal Board of Revenue tax offices will remain functional till night, 8:00 pm today. According to chief commissioner Inland Revenue Multan, the offices of chief commissioners, income tax
April 30, 2019: Pakistan Railways has generated over 39 billion rupees up to March this year. According to an official at Pakistan Railways, the department has suffered no losses during the current financial year due
ISLAMABAD: Finance ministry Monday said the federal government has neither reduced nor delayed the transfer of funds to any of the provinces. “All the provinces have been receiving their share in the federal transfers in
Karachi, April 29, 2019: K-Electric has signed an agreement with the state-owned China Machinery Engineering Corporation (CMEC) for the development of a state-of-the-art 700MW IPP based power project at Port Qasim, Karachi. The project was
April 29, 2019 (MLN): The Oil & Gas Regulatory Authority (OGRA) has recommended that price of different petroleum products be raised for the month of May 2019. According to a summary sent to the Petroleum
April 29, 2019 (MLN): Head of the Middle East and Central Asia department at the IMF, Mr. Jihad Azour has told Bloomberg Television in an interview that “It’s too early to put a number on
April 29, 2019 (MLN): The Government of Pakistan has announced a public holiday on Wednesday, May 1, 2019, on account of ‘Labour Day’. The State Bank of Pakistan and the Pakistan Stock Exchange will thereby
April 29, 2019 (MLN): Foreign investors have repatriated a total of $55 million in March 2019, of which $42.8 million were repatriated on Foreign Direct Investment (FDI) and $12.3 million were repatriated on Foreign Portfolio
April 29, 2019 (MLN): The non-government sector has accumulated a total net debt of Rs.907.5 billion during ongoing fiscal year (FY19) as of April 19, 2019, which is 47% higher than the net borrowed amount
April 29, 2019: A team of International Monetary Fund is visiting Pakistan today to hold technical negotiations for progress on the Fund's programme.
April 28, 2019: Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development, Sayed Zulfikar Abbas Bukhari has vowed to fulfill the 100,000-manpower quota, recently announced by Qatar, till the end of 2019
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