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Business
0.3% economic growth rate debunked
ISLAMABAD: The size of Pakistan’s economy has shrunk to $341.5 billion and its per capita income has slipped to just $1,568 in the…
Juice sector demands withdrawal of 10% FED
KARACHI: The juice industry is in dire straits as packaged juice volumes have plummeted by 45% following the government’s…
Nepra asked to raise electricity rates by Rs1.25 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has hinted at allowing an increase in electricity rates by…
MNAs’ budget increased by 59%
ISLAMABAD: In complete disregard to the looming sovereign default, the government on Wednesday approved an increase of 59% in the…
Dar hints at end to IMF programme
ISLAMABAD: Finance Minister Ishaq Dar on Wednesday hinted that the International Monetary Fund (IMF) programme may expire on June…
Economy shrinks from 6.1% to 0.3% under PDM govt’s watch
ISLAMABAD: Pakistan’s economic growth rate plummeted to 0.3% in the outgoing fiscal year due to severe restrictions imposed on the…
Shehbaz sees Rs700b PSDP insufficient
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday instructed the relevant quarters to further increase the proposed allocation…
SCCI inaugurates headquarters in Lahore
LAHORE: The SAARC Chamber of Commerce and Industry (SCCI), a prominent body in the South Asian region, is set to further…
Indonesia, Iran sign preferential trade deal
JAKARTA: The leaders of Indonesia and Iran on Tuesday signed a preferential trade agreement to expand economic relations during an…
Gas shortage paralyses textile industry in Sindh, Balochistan
KARACHI: In a press release issued by the All Pakistan Textile Mills Association (APTMA), on Tuesday, APTMA Southern Zone,…