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PM Shehbaz’s China visit later this month to mark formal launch of CPEC-II

ISLAMABAD: The government on Tuesday announced that Prime Minister Shehbaz Sharif’s upcoming visit to China later this month will mark the formal...

latest 50

Khaleeq Kiani

Moody’s upgrades ratings of 5 banks

ISLAMABAD: Moody’s Ratings on Tuesday upgraded to Caa1 from Caa2 the local and foreign-currency long-term deposit ratings of five leading Pakistani...

latest 10

The Newspapers Staff Reporter

Economic Coordination Committee okays relief package for monsoon victims

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Tuesday approved 100 per cent uniform electricity rates across the country,...

latest 20

Khaleeq Kiani

PM Shehbaz orders probe into Rs50bn gas bill shock

ISLAMABAD: Prime Minister Shehbaz Sharif has ordered an independent probe into the controversial Rs50 billion gas billing dispute involving...

latest 20

Khaleeq Kiani

FBR notifies simplified e-return form for taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) has released a simplified electronic income tax return form for individual taxpayers for the tax year...

latest 20

Mubarak Zeb Khan

Karachi deluge cripples industries, halts exports

KARACHI: Torrential rains on Tuesday severely disrupted industrial operations across Karachi, with many factories unable to resume afternoon and...

latest 30

Aamir Shafaat Khan

Oil prices fall on talks to end Russian invasion of Ukraine

HOUSTON: Oil prices fell on Tuesday as traders bet that talks over a possible agreement to legitimize or end Russia’s invasion of Ukraine could...

latest 30

Reuters

Tribunal penalises PTCL, LDI operators on ICH agreement

ISLAMABAD: The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan’s (CCP) decision to penalise Pakistan...

latest 40

Kalbe Ali

PSX hits record high amid heavy downpour

KARACHI: Despite an unprecedented downpour in Karachi — the economic nerve centre of Pakistan — that hampered business and industrial activities...

latest 10

Muhammad Kashif

Aurangzeb signals pro-business industrial policy

KARACHI: Finance Minister Mohammad Aurangzeb on Monday said the government is finalising an industrial policy aimed at fostering a...

yesterday 10

The Newspapers Staff Reporter

Low savings hamper growth: SBP chief

• Governor calls for deeper capital markets as savings ratio slumps to 7.4pc of GDP • Private and public investments fall KARACHI: Pakistan’s...

yesterday 20

Shahid Iqbal

Lawmakers endorse local chambers

ISLAMABAD: A parliamentary committee on Monday gave in-principle approval for the establishment of district-level chambers of commerce across the...

yesterday 10

Mubarak Zeb Khan

Cotton output falls 17pc amid Punjab slump

LAHORE: Cotton arrivals in Pakistan dropped 17 per cent year-on-year to 887,400 bales as of Aug 15, primarily due to a sharp decline in Punjab’s...

yesterday 40

Amjad Mahmood

State Bank to launch upgraded payment and settlement system today

The State Bank of Pakistan (SBP) will officially launch its latest payment and settlement system, named Prism Plus, on Tuesday. A statement issued...

yesterday 10

Tahir Sherani

Banks set to gain from stability, says Fitch

ISLAMABAD: Fitch Ratings on Monday projected improved prospects for Pakistan’s banking sector, citing stabilising macroeconomic indicators, falling...

yesterday 40

Khaleeq Kiani

Sustainable bonds planned amid tight global markets

ISLAMABAD: With conventional capital markets remaining uncertain and largely unfavourable, Pakistan plans to shift its focus towards Sustainable...

yesterday 30

Khaleeq Kiani

Pakistan, Iran set $3bn target for agri-trade in two years in bid to boost bilateral trade

ISLAMABAD: Pakistan and Iran on Monday decided to boost bilateral agriculture trade to $3 billion within two years. The two countries signed a...

yesterday 20

Amin Ahmed

PSX scales another milestone of 148,000

KARACHI: The Pakistan Stock Exchange (PSX) soared to an all-time high on Monday, with the benchmark KSE-100 index surging 1,704 points, or 1.16 per...

yesterday 20

Muhammad Kashif

A sobering climate shock

The catastrophic cloudburst in Khyber Pakhtunkhwa on August 15 was not just another monsoon tragedy. It was a stark reminder that when governance...

previous day 70

Mohiuddin Aazim

Quaid’s economic aspirations

While celebrating Independence Day, it would be appropriate to highlight recommendations of the Economic Planning Committee (EPC) appointed by...

previous day 40

Jawaid Bokhari

Agriculture: Reviving and developing the livestock sector

Livestock is the cornerstone of Balochistan’s economy, serving as one of the most historical and indigenous commercial activities in the region....

previous day 50

Abdullah Khan

State Bank to launch upgraded payment and settlement system tomorrow

The State Bank of Pakistan (SBP) will officially launch its latest payment and settlement system, named Prism Plus, on Tuesday. A statement issued...

previous day 10

Tahir Sherani

Finance: Leveraging global markets

As Washington and Beijing jostle for influence, Islamabad is quietly refining a survival strategy — one that trades allegiance for leverage,...

previous day 40

Mohiuddin Aazim

US trade adviser Navarro says India’s Russian crude buying must stop

White House trade adviser Peter Navarro on Monday said India’s purchases of Russian crude were funding Moscow’s war in Ukraine and had to stop. New...

previous day 20

Reuters

Addressing the reality of tariff cuts

As Pakistan engages with the US on the details of a trade deal, one that includes partial tariff relief — reducing rates from 29 per cent to 19pc —...

previous day 20

Afshan Subohi

Int’l road-building contract funded by ADB under parliamentary scrutiny for ‘glaring lapses’

• NHA criticised for awarding contract to joint venture in violation of rules • Two other projects completed by same JV also on lawmakers’ radar...

previous day 20

Syed Irfan Raza

Govt may allow new gas connections with fee hike amid push to address gas glut

• 120,000 connections for LNG-based piped supply planned in first year • Move comes amid push to address continuing glut in gas network ISLAMABAD:...

previous day 40

Khaleeq Kiani

Govt working to expand Raast, digitise economy in bid to promote a cashless system

ISLAMABAD: Prime Minister Shehbaz Sharif has said the government is working on a priority basis to digitalise the economy and shift financial...

previous day 30

The Newspapers Staff Reporter

Business leaders seek rate cut, power relief to spur exports

KARACHI: Business leaders on Saturday called on the government to create a pro-business environment by cutting interest rates, lowering power...

monday 20

The Newspapers Staff Reporter

Modi’s tax overhaul to strain finances but boost image amid US trade tensions

Indian Prime Minister Narendra Modi’s deepest tax cuts in eight years will strain government revenues but are winning praise from businesses and...

monday 20

Reuters

PSX rises for eighth week on rating upgrade, strong results

KARACHI: The Pakistan Stock Exchange (PSX) extended its bullish run for the eighth consecutive week, underpinned by Moody’s sovereign rating...

monday 2

Muhammad Kashif

US cancels India trade talks

BENGALURU: A planned visit by US trade negotiators to New Delhi from Aug 25-29 has been cancelled, delaying talks on a proposed bilateral trade...

monday 30

Reuters

Oil seen bearish after Trump-Putin meeting

LONDON: Oil markets are set for a muted price reaction when they open on Sunday after US President Donald Trump’s and Russian leader Vladimir...

monday 1

Reuters

Faceless clearance lifts vehicle imports, not revenues

ISLAMABAD: The import of used vehicles jumped by nearly 41 per cent in the second half of FY25 following the introduction of faceless customs...

monday 20

Mubarak Zeb Khan

Investments in T-bills dip as sentiment weakens

KARACHI: Foreign investors dumped government treasury bills (T-bills) worth $49 million in July, the first month of FY26, while fresh inflows...

monday 2

Shahid Iqbal

Sindh earmarks land for first B2B green power project

KARACHI: The Sindh government has allotted 300 acres of land in Jhimpir to Moro Power Company (MPC) for establishing a 100-megawatt hybrid wind and...

monday 10

Tahir Siddiqui

CDWP clears 15 projects worth Rs520bn

ISLAMABAD: The Central Development Working Party (CDWP) on Friday cleared 15 development projects worth an estimated Rs520 billion. Of these, nine...

17.08.2025 1

The Newspapers Staff Reporter

SBP forex reserves rise

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $11 million to $14.243 billion during the week ending Aug...

17.08.2025 1

The Newspapers Staff Reporter

Digital wallets surge as govt pushes for cashless Pakistan

ISLAMABAD: Specialised committees set up by the prime minister to promote a cashless economy have outlined ambitious national targets for the State...

17.08.2025 20