Business

KARACHI: The government has raised Rs461.37 billion for budget financing through auction of market treasury bills in an auction held...

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LAHORE: January 28 - Federal Minister for Finance Asad Umar chairing a meeting of LCCI. APP photo by Tabasam Naveed

Asad Umar seeks proposals for public welfare ahead of budget

ISLAMABAD: Federal Finance Minister Asad Umar chaired the first meeting of PTI Parliamentary Caucus on Economy here on Wednesday. During...

CCoE approves proposals for providing renewable energy investments

ISLAMABAD: The Cabinet Committee on Energy (CCoE) in its meeting chaired by Finance Minister Asad Umar on Wednesday, approved proposals...

PM orders refund of extra money charged from gas consumers

ISLAMABAD: Prime Minister Imran Khan has ordered the authorities concerned to refund the amount charged from natural gas consumers through...

PTA working on licence renewal framework

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has said that it along with the Ministry of Information Technology and other stakeholders have...

IMF & Pakistan to reach $12b bailout deal soon: Fitch

KARACHI: Pakistan and the International Monetary Fund (IMF) will soon reach a bailout deal with a potential size of $12...

Senate panel for higher hydel profit payments to AJK

ISLAMABAD: The Senate Standing Committee on Water Resources supported a report of the special committee recommending payment of Rs1.15 per...

New aviation policy likely to be approved in March

KARACHI: The federal government has decided to abandon its open sky policy in favour of a ‘fair sky policy’ in...

Saudi investors invite Pakistan’s furniture manufacturers

LAHORE: In the wake of recent visit of Saudi Crown Prince Mohammad bin Salman to Pakistan, Saudi investors have invited...

Facebook, Google investing in Pakistan: Fawad Chaudhry

ISLAMABAD: Minister for Information and Broadcasting Fawad Chaudhry on said that Facebook and Google have started investment in Pakistan, which...

Govt borrows Rs2.57tr from SBP in January

KARACHI: The government made a hefty borrowing of Rs2.57 trillion from the State Bank of Pakistan (SBP) in January 2019,...

Indonesia grants market access to Pakistan’s 20 new products

ISLAMABAD: Indonesia has issued a notification for the correction of Indonesia-Pakistan preferential trade agreement (PTA) by offering immediate market access...

AGP demands probe into Rs700b hydel project losses

ISLAMABAD: The Auditor General (AG) of Pakistan has demanded detailed investigations to fix responsibility for losses of almost Rs700...

ECC approves supplementary grant for families of deceased employees of petroleum division

ISLAMABAD: Finance Minister Asad Umar chaired meeting of the Economic Coordination Committee of the Cabinet (ECC) here on Tuesday. ECC...

Urea sales fall 21pc as sowing slows down

KARACHI: Urea fertiliser sales dropped 21% on a month-on-month basis in January 2019, driven down by the seasonal effect as...

Banks to remain open on Saturday, Sunday for receiving Hajj applications

KARACHI: State Bank of Pakistan (SBP) on Tuesday said that the commercial banks will remain open on March 2-3 (Saturday...

PPPA & PIB to play vital role in enhancing investment to GDP ratio

25/02/2019

ISLAMABAD: Federal Finance Minister Asad Umar chaired high level meeting here on Monday to discuss matters pertaining to operationalization of...

SPI increases 0.34pc

25/02/2019

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended February 21, 2019 registered a rise of 0.34% for the...

PASSCO to invite fresh bids for wheat exports