Business

KARACHI: President Arif Alvi has assured the industrialists he will take up the growing gas crisis in the city with “the relevant ministries”, a press release issued by the Karachi Chamber of Commerce and Industry (KCCI) on Saturday…

ISLAMABAD: The Fede­ral Board of Revenue (FBR) has officially released provisional revenue collection figures for the first six months of the fiscal year 2020-21, showing a rise of 5 per cent over the receipts of same period last year.…

KARACHI: Auto sales showed a brisk upward trend in 4MFY21 with 8.1 per cent rise in sales of cars, 93pc in jeeps, 39pc in LCVs, 19pc in two- and three-wheelers and 24pc in farm tractors, data released by the Pakistan Automotive…

KARACHI: The State Bank of Pakistan (SBP) on Tuesday introduced a new mechanism to enable companies in Pakistan to conveniently remit out disinvestment proceeds to their foreign shareholders aiming to increase investor confidence. The…

ISLAMABAD: In a rare development, Pakistan and Afghanistan on Tuesday adopted more than 140 recommendations to promote bilateral trade and investments. The two-day Pak-Afghan Trade and Investment Forum — which concluded on Tuesday —…

ISLAMABAD: As the Auditor General of Pakistan (AGP) claimed to have made Rs177 billion recoveries in first quarter of the current fiscal year, the Power Division on Tuesday called into question the publication of audit reports before…

ISLAMABAD: The federal cabinet meeting on Tuesday witnessed an intense debate on the ongoing price hike and shortage of commodities, with Prime Minister Imran Khan reprimanding some ministers and officials for failing to control inflation.…

“It tastes awesome,” said a Karachi-based adventure enthusiast who raves about the huge ruby-red Kandahari anaar (pomegranate) he had in Quetta. “The ones I have had here have been fake. I have only found the real deal in Quetta”. …

The rising political temperature and the possibility of another round of a countrywide lockdown amidst rising Covid-19 cases may be unsettling, but Pakistan’s business community is currently too engrossed in responding to strong local and…

Stocks were in the green on Monday with the benchmark KSE-100 index climbing 585 points, buoyed up by cement stocks and an encouraging Financial Action Task Force (FATF) announcement on Friday, to close at 41,850 – up 1.4 per cent. “The…