April 3, 2020: Oil prices slipped Friday as doubts grew over US President Donald Trump's claim that Russia and Saudi Arabia planned to end their price war, a day after posting their biggest
April 3, 2020: Global stock markets went on a rollercoaster ride on Thursday as investors were caught between fresh tremors on the economic front and a sudden surge in oil prices, analysts said.
April 03 2020: A deep global recession in 2020 is now Fitch Ratings' baseline forecast according to its latest update of its Global Economic Outlook (GEO) forecasts. The speed with which the coronavirus
April 02, 2020: Leading world crude exporter Saudi Arabia on Thursday made a surprise call for a meeting of the OPEC+ oil producers to “stabilise the oil market” amid a price war. “The
April 02, 2020: Another 6.65 million US workers filed for unemployment benefits last week, the most ever recorded, as the coronavirus forces businesses to shut down nationwide, the Labor Department reported Thursday. The
April 02, 2020: President Donald Trump said Thursday that after speaking to Saudi Arabia's leader he expects oil production to be slashed, defusing a Saudi-Russian price war that has heavily impacted the US
April 2, 2020 (MLN): The first day of the new month witnessed 21% decline in the outflow of hot money from government debt securities, as the foreign investors extracted $47.63 million from T-bills
April 02, 2020: Prime Minister Imran Khan Thursday directed the ministry concerned to accelerate reforms in the energy sector by removing the systemic hurdles and effectively utilizing the limited resources for ensuring relief
Apr 02, 2020: Water and Power Development Authority (WAPDA), in a meeting held here to review the status of progress on Daimer Basha Dam, Thursday said it intended to award the contract for
April 02, 2020 (MLN): The consumer price inflation dropped to 10.24% YoY in March’20 from 12.40% YoY in February’20, in line largely with market expectation, taking it down to its lowest inflationary reading
Apr 02, 2020: The oil world has seen many shocks over the years, but none has hit the industry with quite the ferocity being witnessing today, according to a recent report by the
April 02, 2020: Europe's stock markets rose in opening deals on Thursday, rebounding from virus-fuelled losses as the energy sector was boosted by rallying oil prices. In initial deals, London's FTSE 100
April 2, 2020: A Pakistan International Airlines (PIA) plane carrying emergency relief supplies procured and collected to combat COVID-19 in Pakistan left here for Islamabad. The emergency relief supplies were procured by the
April 2, 2020: Pakistan and the European Union have agreed to evolve a joint strategy to tackle the global pandemic by promoting mutual cooperation between the two sides. An understanding to this effect
April 2, 2020: Global stocks experienced another rout Thursday as the human and economic toll from the coronavirus continued to rise and more governments shut down activity to try to contain the outbreak.
March 20, 2019: A meeting of Economic Coordination Committee (ECC) chaired by Finance Minister Asad Umar is in progress in Islamabad. The Committee is taking stock of eight point agenda including release of funds for
March 20, 2019 (MLN): Certain amendments have been made in the Finance supplementary Bill, 2019, thereby which non-filers will have to pay taxes of 0.6 percent on cash withdrawal, if the amount withdrawn exceeds Rs.
The Ministry of Finance strongly refuted the impression created by statements made by representatives of Government of Sindh about there being a delay in transfer of resources from the Federal Government to the Provinces. According
Islamabad, 19th, March, 2019: After Implementation of Benami Transactions (Prohibition) Rules, 2019.The Federal Board of Revenue (FBR) has clarified that a Benami property means any property which is subject matter of Benami transaction and also
Mar 19: Faisalabad Chamber of Commerce and Industry (FCCI) president Syed Zia Alumdar Hussain on Tuesday said the government was trying its optimum to provide wider access to the Pakistani exporters in USA, China and
ISLAMABAD, Mar 19: Minister for Information and Broadcasting Chaudhry Fawad Hussain Tuesday said the government had decided to refund Rs 2.5 billion extra charged from the Sui gas consumers in the shape of inflated bills.
March 19, 2019: Pakistan Post after establishing digital tracking and Smartphone application has now taken another step towards establishing electronic commerce platform where vendors can join hands for showcasing and retailing their products. According to
March 19, 2019 (MLN): Ministry of Commerce held a consultative session in Karachi on the Trade Opportunities in USA, China and Indonesia and the second Round of Pak China FTA. The Advisor to Prime Minister
March 19, 2019 (MLN): The Minister for Planning Development and Reform Makhdum Khusro Bakhtyar stated Pakistan has the potential to increase investment to 25-30% of GDP and grow into a S2 trillion economy in a
March 19, 2019 (MLN): The Current Account Deficit (CAD) stands at a 28 month low at the end of February 2019, as the State Bank of Pakistan recorded it at $356 million which is 59%
March 19, 2019 (MLN): The Board of Directors of Pakistan Oxygen Limited (PAKOXY) – a leading supplier of industrial & medical gases, pipeline services and welding solutions in Pakistan – in its meeting held on
March 19, 2019 (MLN): The Asian Development Bank (ADB) has approved $9 million in project readiness financing (PRF) to support the preparation and design of urban sector projects in Khyber Pakhtunkhwa (KPK), which will support
March 19, 2019 (MLN): Engro Powergen Thar Private Limited (EPTL) – one of the early harvest projects of the China Pakistan Economic Corridor (CPEC) – has successfully synchronized the first two units of 330 Mega
March 19, 2019: The first eight months of current fiscal year has witnessed mobile phone import of $478.14 million in the country, showing 9.11 per cent decline as compared to same period last year. During
March 19, 2019: Federal Cabinet meets in Islamabad today with Prime Minister Imran Khan in the chair. It will discuss overall economic situation of the country. The meeting will also be briefed about the reforms
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