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Pak’s sugar export quota for Afghanistan expires
KHYBER: The sugar export quota of 32,000 Metric Tons – approved by the government of Pakistan – for export to Afghanistan has come to an end. According to the sources, after the approval, the consistent shipments of sugar continued to Afg...
Govt laid foundation of eco recovery plan: PM
ISLAMABAD: Prime Minister Shehbaz Sharif said best way of paying homage to martyrs is to make Pakistan strong and self-sufficient on economic front. In tweet, he said coalition government has laid foundation of economic recovery plan in form of Speci...
ECNEC approves various national development projects
ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar chaired meeting of Executive Committee of National Economic Council (ECNEC), which approved various national development projects. ECNEC approved projects including construction of Awaran...
Electricity tariff increased by Rs 1.81 for K-E consumers
Karachi: Electricity tariff for Karachi consumers has been increased by Rs 2.31 per unit and Rs 1.81 for government distribution companies. Notification for increase in monthly fuel price adjustment for a month has also been issued. An additional bur...
Govt evolves plan to collect additional Rs721bn from consumers
ISLAMABAD: Under IMF condition, government has worked out planning to charge additional Rs 721 billion to electricity consumers during current fiscal year. Plan worked out by Finance Ministry and Energy Ministry for enhancing power tariff has been sh...
PSX sheds over 950 points
KARACHI: The Pakistan Stock Exchange (PSX) shed 956.43 points, or 1.98 per cent, on Tuesday as the market witnessed selling pressure with the investors going for profit-taking after massive rally in recent weeks. Hence, all sectors – including...
Pakistan's textile industry bears brunt of economic woes
LAHORE: Lubna Babar, a worker in a textile factory, was made redundant at the beginning of the year as Pakistan's textile industry loses ground to more nimble Asian competitors. She is one of the many victims of the crisis facing the country's...
Ahsan Iqbal inaugurates centres to produce world-class researchers at QAU
ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal inaugurated three centres including Pakistan China Joint Research Centre, Pakistan China Joint Research Centre on Earth Sciences and Dr A Q Khan Institute of Material a...
Pakistan, Iran chalked out 5-year $5bn trade ties plan: FM
ISLAMABAD: Pakistan and Iran have chalked out five-year trade cooperation plan 2023-2028 with trade target of five billion dollars. This was stated by Foreign Minister Bilawal Bhutto Zardari at joint press stakeout along with his Iranian counterpart...
PM expresses determination to make second phase of CPEC resounding success
ISLAMABAD: Prime Minister Shehbaz Sharif expressed determination to make second phase of China Pakistan Economic Corridor a resounding success. In tweet, he expressed his gratitude to Chinese President Xi Jinping for his powerful message of support a...
