Prime Minister Shehbaz Sharif on Wednesday directed authorities to abolish all taxes on raw materials used in the export industry and form task forces to attract investment in multiple sectors.The......
After three straight days of ascent, the US dollar slid more than Rs2 in the interbank market on Wednesday morning.According to the Forex Association of Pakistan (FAP), the greenback was trading at......
KARACHI: Overall cement sales dropped by 16 per cent year-on-year to 3.32 million tonnes in May as political uncertainty and soaring prices of inputs slowed down the construction activities across......
WASHINGTON: Pakistan is trying to remove the misunderstandings that have led to the suspension of shrimp exports to the United States, the country’s ambassador to the US Masood Khan said after......
WASHINGTON: The global economy risks falling into a harmful period of 1970s-style “stagflation,” sparked chiefly by Russia’s invasion of Ukraine, the World Bank warned on Tuesday as it slashed its......
KARACHI: A range-bound trading session took place on the Pakistan Stock Exchange on Tuesday owing to further devaluation of the rupee against the dollar along with rising investors’ concerns about......
ISLAMABAD: The K-Electric has sought about Rs4.86 per unit additional charges under monthly fuel cost adjustment (FCA) and Rs4.52 per unit under quarterly tariff adjustments (QTA) to mop up about......
