FBR’s collection grows by 4.68pc amid record first quarter collection

ISLAMABAD: Federal Board of Revenue (FBR) has posted 4.68 percent growth in revenue collection during first quarter (July – September) of the current fiscal year despite the fact for the first time... Read more »

Headline inflation increases by 9 percent in September

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 9.0 percent on year-on-year basis in September 2020 as compared to an increase of 8.2 percent in the previous month... Read more »

Policy for import of bullet proof vehicles unveiled

ISLAMABAD: The ministry of commerce has unveiled policy for import of bullet proof vehicles both in new and used condition. The ministry issued SRO 902(I)/2020 dated September 25, 2020 to notify Import... Read more »

Stock markets decline by 606 points on political uncertainty, coronavirus

KARACHI: The stock market fell by 606 points on Friday owing to political uncertainty and spread of coronavirus. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,070 points as... Read more »

Rupee gains 49 paisas against dollar on inflows of export receipts, remittances

KARACHI: The Pak Rupee gained 49 paisas against dollar on Friday owing to improved inflows of workers’ remittances, dealers said. The rupee ended Rs164.51 to the dollar from previous day’s closing of... Read more »

SBP softens quarantine condition for banknotes processed through certified machines

KARACHI: State Bank of Pakistan (SBP) on Friday relaxed the condition for banks of ensuring 14-day quarantine period for those banknotes processed through machines certified by Pakistan Council of Scientific and Industrial... Read more »