Cement sales record highest growth ever

Cement sales record highest growth ever

ISLAMABAD: The cement sector has recorded the highest-ever sales growth of 44.39% in the month of March this year. This is said to be due to a significant increase in construction activities resulting in a

Apple’s iPhone 13 to come in two new colours, leaks reveal

Apple’s iPhone 13 to come in two new colours, leaks reveal

Apple is all set to launch the new iPhone 13 series with improved features and fresh colours With just months left for the launch of the upcoming iPhone 13 series, a wide range of leaks

Federal cabinet clears mist of trade with India

Federal cabinet clears mist of trade with India

ISLAMABAD: The federal cabinet rejected, on Thursday, the suggestion of the Economic Coordination Committee (ECC) to resume trade with India, reiterating that the eastern neighbor should first revert its step taken on August 5, 2019.

Rupee becomes world’s top-performing currency this year

Rupee becomes world’s top-performing currency this year

Pakistani currency rupee has become the world’s top-performing currency in this year’s first quarter however currency analysts still remain cautious against sharp currency movements which keep the market on its toes. Experts say that the

Textile ministry asks to resume cotton, yarn imports from India

Textile ministry asks to resume cotton, yarn imports from India

ISLAMABAD: The Ministry of Textile Industry sought permission, on Monday, from the Economic Coordination Committee to lift the ban on the import of cotton yarn and cotton from India to bridge raw material shortfall for

Rupee on the rise against US dollar

Rupee on the rise against US dollar

KARACHI: Rupee saw a spike against the US dollar by 42 paisas in the inter-bank market, on Friday, what currency experts forecast that a downward trend would keep going and the currency would soon attain

$500m loan for Pak budgetary support gets IMF’s nod

$500m loan for Pak budgetary support gets IMF’s nod

ISLAMABAD: After two Presidential Ordinances to withdraw corporate income tax exemptions to get Rs70 billion to 140 billion and an addition of a 10 percent power surcharge on consumers, the Executive Board of IMF has

IMF approves $500 million loan disbursement for Pakistan

IMF approves $500 million loan disbursement for Pakistan

IMF has agreed to release $500 million for Pakistan as part of budget support program amid COVID-19 The International Monetary Fund (IMF) on Wednesday approved the third tranche of budget support worth US$500 million for

Rs469 billion tax demand created against 81 sugar mills: FBR

Rs469 billion tax demand created against 81 sugar mills: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has created a tax demand of a whopping Rs469 billion against 81 sugar mills The FBR had started its probe against 89 sugar mills after irregularities that were pointed

Pakistan’s regional exports fall by a whopping 22pc

Pakistan’s regional exports fall by a whopping 22pc

ISLAMABAD: Pakistan’s regional exports have declined by a whopping 22 per cent in the first eight months of the ongoing financial year due to Covid-19 and its economic impacts. Exports to China, Afghanistan, Bangladesh, India,