Pakistani rupee continued to tumble against the US dollar, breaching yet another important threshold of 195 the interbank market to hit its weakest level on Tuesday. Maintaining its downturn for the eighth successive working day, the…

ISLAMABAD - The federal government has approved another massive subsidy of Rs55.48 billion for keeping oil prices unchanged on fortnightly basis despite increase in prices in international market. Finance Minister Miftah Ismail on Sunday…

BEIJING - The China-Pakistan Economic Corridor (CPEC) has a portfolio of projects in different provinces in Pakistan, depending upon their requirements and their areas of competency. And based on different comparative advantages, every…

ISLAMABAD - Pakistan earned $1,947.902 million by providing different information technology (IT) services in various countries during the first three quarters of fiscal year 2021-22. This shows growth of 29.27 percent as compared to…

ISLAMABAD - Exchange rate of Pak rupee weakened by Rs 1.66 against the US dollar in the interbank trading on Monday and closed at Rs194.18 against the previous day’s closing of Rs 192.52. According to the Forex Association of Pakistan…

ISLAMABAD - The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, losing 819.14 points, with a negative change of 1.88 percent, closing at 42,667.32 points against 43,486.46 points on the last working…

ISLAMABAD - Aiming to promote long-term value creation and “responsible” engagement of institutional investors with the investee companies, the Securities and Exchange Commission of Pakistan (SECP) has issued the Stewardship Guidelines for…

ISLAMABAD - Chaudhry Salik Hussain has visited Board of Investment after assuming charge as the Federal Minister for Board of Investment. The minister was given a warm welcome by Secretary BOI Ms Fareena Mazhar and other senior officers of…

ISLAMABAD - The imports of overall petroleum group witnessed an increase of 95.84 percent during the first ten months of the current fiscal year (2021-22) as compared to the corresponding period of the last year. During the period under…

KARACHI - Pakistan’s import of cotton and other raw materials of textile industry crossed $3.9 billion during July-April 2021-22, showing 25 % growth over the corresponding period of the previous financial year. According to data…

LAHORE - Critical economic state-of-affairs demands a collective and instrumental approach from the political parties as the ongoing political scenario is pushing the economic affairs towards no point of return. These views were…

KARACHI PR - Philip Morris (Pakistan) Limited (PMPKL) provided financial support to Kashf Foundation, a non-profit micro-finance institution, to support its project that aims to empower women by providing them professional training in food…

KARACHI PR - Fly Jinnah, Pakistan’s new low-cost carrier, has announced the graduation of its first batch as cabin crew in their brand-new uniform, who successfully completed their technical and customer experience training. The first…

Inflation rate has risen in Pakistan since the beginning in late 2003. After the 1998-99, inflation was reduced to less than 5 percent in 2000 and remained. It remained stable until 2003. Strong monetary policy combined with fiscal…

The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, losing 819.14 points, with a negative change of 1.88 percent, closing at 42,667.32 points against 43,486.46 points on the last working day. A total…