BUSINESS
Pakistan’s growth rate plunges into the negative zone for the first time in 68 years
ISLAMABAD: Pakistan’s GDP growth rate falls into zero range at negative -0.38 percent for the outgoing fiscal year; the total...
Govt urged to allow filling stations to stay open 24/7
The Sindh Petroleum and CNG Dealers Association on Monday demanded the provincial government to allow filling stations across the province...
Shopping malls, markets to remain open entire week: SC
The Supreme Court of Pakistan ordered on Monday that shopping malls and markets in the country should remain open seven...
National carrier reports 43% increase in revenue in 2019
Pakistan International Airlines reported an increase in revenue by 43 per cent in 2018, according to an annual report compiled...
Moody’s puts Pakistan under watch
Moody’s Investors Service – one of top three global credit rating agencies – has put Pakistan under watch for possible...
India’s objection over Diamer-Bhasha dam rejected
Beijing rejected the objection raised by New Delhi over the construction of Diamer-Bhasha dam on Friday and said economic cooperation...
SBP cuts interest rate to 8% by 100 basis points
The State Bank of Pakistan on Friday announced that it is slashing the policy rate by 100 basis points to...
Retrenchment in PSM discussed in ECC meeting
The Economic Coordination Committee of the cabinet on Wednesday reviewed a proposal to terminate over 9,000 employees of the Pakistan...
PTI govt urged to announce tax relief
Sustainable Development Policy Institute (SDPI) organised an online seminar held on Wednesday titled “Pre-budget public-private dialogue amidst the impact of...
SBP reserves fall $59m to $12.27bn
The foreign exchange reserves held by the central bank decreased 0.48 per cent on a WoW basis, according to data...
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