Business News

Title Description Publish Date Image
Price of petrol in Pakistan goes up by Rs5 <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-09-15/l_892635_103846_updates.jpg"/>Besides petrol, an increase in other petroleum products will also be enforced starting September 16 Wed, 15 Sep 2021 22:38:00 +0500 Alternate Text
Inflation remains unchanged at 8.4% <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-09-01/l_886379_042123_updates.jpg"/>CPI inflation clocks in at 8.4% year-on-year compared to 8.21% in August 2020 Wed, 01 Sep 2021 20:19:00 +0500 Alternate Text
Petrol to cost Rs1.50 cheaper in Pakistan from Sep 1 <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-08-31/l_886005_062843_updates.jpg"/>Govt also notifies reduced prices for high speed diesel, kerosene and light diesel oil Tue, 31 Aug 2021 18:28:00 +0500 Alternate Text
OGRA suggests decreasing petrol price by Rs3.5 <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-08-30/l_885527_093732_updates.jpg"/>OGRA proposes decreasing price of diesel by Rs5 Mon, 30 Aug 2021 21:23:37 +0500 Alternate Text
Pakistan's mobile phone production surpasses imports: PTA <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-08-26/l_883528_033303_updates.jpg"/>Country produced 12.27 million phones while imported 8.29 million phones during Jan-Jul Thu, 26 Aug 2021 16:43:00 +0500 Alternate Text
IMF releases $2.75 billion to Pakistan <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-08-24/l_882560_071544_updates.jpg"/>“SBP has received $2.75 billion from the IMF, as part of SDR allocation announced by IMF recently,” central bank says Tue, 24 Aug 2021 19:25:00 +0500 Alternate Text
No link or access to banking transactions: FBR <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-08-19/l_880497_114032_updates.jpg"/>There is no fingerprint authentication mechanism available with the FBR, tax body's spokesperson says Thu, 19 Aug 2021 14:15:00 +0500 Alternate Text
Asia markets mixed on Delta variant gloom <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-08-17/l_879565_112637_updates.jpg"/>Markets in Seoul were down, as were Taipei and Australia, where millions remain under coronavirus restrictions with little end in sight as cases tied to the Delta variant soar. Tue, 17 Aug 2021 11:24:54 +0500 Alternate Text
SBP to maintain policy rate at 7% <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-07-27/l_869456_070021_updates.jpg"/>The policy rate will remain the same for the next two months Tue, 27 Jul 2021 19:27:00 +0500 Alternate Text
State Bank to announce monetary policy today <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-07-27/l_869444_114204_updates.jpg"/>SBP Governor Reza Baqir will issue the monetary policy statement at 5pm Tue, 27 Jul 2021 11:37:30 +0500 Alternate Text
Petrol price increases by Rs5.40 per litre in Pakistan <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-07-15/l_864610_051611_updates.jpg"/>PM went against OGRA's recommendation of Rs11.40 and approved Rs5.40 increase in petrol price: Shahbaz Gill Thu, 15 Jul 2021 17:41:00 +0500 Alternate Text
European Central Bank inches closer to 'digital euro' <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-07-14/l_864124_084439_updates.jpg"/>The move comes as the coronavirus pandemic has hastened a shift away from cash Wed, 14 Jul 2021 20:43:00 +0500 Alternate Text
Hammad Azhar announces restoration of normal gas supply to all sectors <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-07-05/l_859832_032638_updates.jpg"/>Forced [gas] loadshedding was eliminated Friday evening, tweets Hammad Azhar Mon, 05 Jul 2021 15:13:02 +0500 Alternate Text
PM Imran Khan gives FBR pat on the back for 'historic level of tax revenues' <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-07-02/l_858329_112747_updates.jpg"/>PM Imran Khan says FBR exceeded its target of Rs 4691bn in outgoing fiscal year Fri, 02 Jul 2021 10:53:35 +0500 Alternate Text
FBR uploads income tax return forms for FY2020-21 <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-07-01/l_857863_100545_updates.jpg"/>FBR says the last date to file the tax returns is September 30th Thu, 01 Jul 2021 22:06:00 +0500 Alternate Text
Govt increases petrol price by Rs2 per litre <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-30/l_857378_102150_updates.jpg"/>PM Imran Khan rejected OGRA's recommendation of an increase by Rs6.05 per litre, says Shahbaz Gill Wed, 30 Jun 2021 22:38:00 +0500 Alternate Text
OGRA suggests hiking petrol price from July 1 <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-29/l_856907_085436_updates.jpg"/>If Petrol Division accepts OGRA's suggestion, price of petrol will increase by Rs6 Tue, 29 Jun 2021 21:00:00 +0500 Alternate Text
Shaukat Tarin announces tax on mobile phone calls lasting more than 5 minutes <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-25/l_854913_035254_updates.jpg"/>Finance Minister Shaukat Tarin winds up budget 2021-22 debate in National Assembly Fri, 25 Jun 2021 15:52:00 +0500 Alternate Text
Bitcoin fund launches on Dubai bourse in Mideast first <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-23/l_853967_070107_updates.jpg"/>"3iQ Corp ... today officially listed The Bitcoin Fund on Nasdaq Dubai," says a statement Wed, 23 Jun 2021 19:21:00 +0500 Alternate Text
Bitcoin falls below $30,000 amid concerns over China's crackdown <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-22/l_853494_085345_updates.jpg"/>The unit stood at $29,590, down 9.25% in value Tue, 22 Jun 2021 20:53:00 +0500 Alternate Text
Sindh CNG stations shut down for a week starting today <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-22/l_853466_040753_updates.jpg"/>Sui Southern Gas Company announces closure of CNG stations in Sindh; they now open on Tuesday, June 29 Tue, 22 Jun 2021 16:07:00 +0500 Alternate Text
KP govt presents Rs1,118.3bn budget for FY2021-22; proposes Rs371bn for ADP <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-18/l_851506_080754_updates.jpg"/>Govt employees who did not take special allowances will get a 37% increase in salaries Fri, 18 Jun 2021 20:15:00 +0500 Alternate Text
National Savings certificates' profit rates revised upwards <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-17/l_850963_023546_updates.jpg"/>The profit rate for the Defense Savings Certificates has been moved up from 9.29% to 9.35% Thu, 17 Jun 2021 16:03:00 +0500 Alternate Text
Latest petrol price in Pakistan <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-15/l_850020_105307_updates.jpg"/>Price of petrol in the country has gone up by Rs2.13/litre Tue, 15 Jun 2021 22:49:10 +0500 Alternate Text
Petrol price in Pakistan may rise from June 16, say sources <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-15/l_849469_062945_updates.jpg"/>The price of petrol is expected to rise by Rs4.20, while an increase of Rs3.50 is expected in diesel's rates Tue, 15 Jun 2021 00:27:00 +0500 Alternate Text
'We will not play politics with the poor': Shaukat Tarin in post-budget presser <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-12/l_848557_022221_updates.jpg"/>Finance Minister Shaukat Tarin says budget 2021-22 is to uplift the poor so they don't wait for trickledown effect of progress Sat, 12 Jun 2021 14:22:00 +0500 Alternate Text
'Will give tough time to govt, not let budget pass,' says Opposition <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-11/l_848105_075130_updates.jpg"/>Bilawal says it did not sound at all like the budget Pakistan needs, with its "historic inflation, unemployment, and poverty" Fri, 11 Jun 2021 20:58:00 +0500 Alternate Text
Budget 2021-22: Here's a glimpse at the PSDP <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-11/l_848058_062327_updates.jpg"/>A total of Rs2.1 trillion have been proposed for the Public Sector Development Programme (PSDP) Fri, 11 Jun 2021 18:54:00 +0500 Alternate Text
Economic Survey 2021: Shaukat Tarin says Pakistan moving towards growth <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-10/l_847537_031021_updates.jpg"/>Shaukat Tarin says 20 million people lost jobs due COVID-19 in Pakistan Thu, 10 Jun 2021 15:08:58 +0500 Alternate Text
SBP notes increased tax collection, better performance of Kharif crops in FY 2021 <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-06-03/l_844119_040617_updates.jpg"/>SBP notes "promising output" of Kharif crops, says large-scale manufacturing (LSM) grew by 7.6% Thu, 03 Jun 2021 15:52:46 +0500 Alternate Text
PM Imran Khan lauds FBR for crossing Rs4,000 billion mark in a year <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-29/l_841759_055626_updates.jpg"/>Premier says the tax collection was 18% higher than what was recorded in the same period last year Sat, 29 May 2021 21:24:00 +0500 Alternate Text
Pakistan's policy rate to remain at 7% for next two months: SBP <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-28/l_841289_073146_updates.jpg"/>MPC says year-on-year inflation rate likely to remain elevated in coming months due to recent hike in power tariff Fri, 28 May 2021 19:54:00 +0500 Alternate Text
Pakistan's GDP expected to hit 4.8% next fiscal year: Asad Umar <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-28/l_841253_070757_updates.jpg"/>Umar says PSDP budget has been moved up from Rs650 billion to Rs900 — a "huge" increase of Rs250 billion Fri, 28 May 2021 19:41:00 +0500 Alternate Text
Asad Umar says PSX has broken previous record of new daily-traded volume <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-26/l_840351_091848_updates.jpg"/>Asad Umar says record was an indicator of the market's 'reacting to signs of sustained recovery' Wed, 26 May 2021 22:37:00 +0500 Alternate Text
Tarin defends existing 3.94% growth rate, says economy to expand by 5% next year <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-23/l_838988_082143_updates.jpg"/>The focus of government had been on housing, agriculture and export sector that delivered these results, says Tarin Sun, 23 May 2021 20:21:00 +0500 Alternate Text
Pakistan's GDP expected to grow 3.94%, says PM Imran Khan <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-21/l_838041_092300_updates.jpg"/>"This reflects the success of our government's economic policies while managing the COVID 19 pandemic," says PM Imran Khan Fri, 21 May 2021 22:56:00 +0500 Alternate Text
Returns on national savings certificates revised <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-20/l_837467_063822_updates.jpg"/>Shuhada’s Family Welfare and Pensioners’ Benefit Accounts' returns have been moved down to Rs11.04pc from Rs11.52 pc Thu, 20 May 2021 19:06:00 +0500 Alternate Text
PM Imran Khan elated over all-time high remittances of $2.8b in April <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-18/l_836437_023313_updates.jpg"/>Remittances grow by 29 % to record $24.2 bln in 10 months Tue, 18 May 2021 14:32:00 +0500 Alternate Text
Latest petrol price: Rates to remain unchanged in May <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-17/l_835956_095535_updates.jpg"/>Petrol will continue to cost Rs108.56 per litre Mon, 17 May 2021 21:59:00 +0500 Alternate Text
Petrol price in Pakistan likely to witness an uptick: sources <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-17/l_835927_040815_updates.jpg"/>The price of diesel will witness an increase of Rs3.25, say sources Mon, 17 May 2021 17:05:00 +0500 Alternate Text
Banks to observe normal working hours starting May 17 <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-17/l_835526_012154_updates.jpg"/>Effective from May 17, the State Bank of Pakistan will revert to normal office hours, which shall also be followed by all banks Mon, 17 May 2021 01:20:26 +0500 Alternate Text
Markets tumble in Asia as inflation fears haunt trading floors <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-11/l_833783_103153_updates.jpg"/>There is a feeling that the issue will dog markets for some time, even as investors are confident the global economy is well on the recovery path Tue, 11 May 2021 10:30:44 +0500 Alternate Text
Pakistan's weekly inflation rises by 0.50% <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-07/l_831928_092629_updates.jpg"/>Prices of 7 items decreased, 18 increased, 26 remained constant Fri, 07 May 2021 21:38:00 +0500 Alternate Text
'Important milestone': Pakistan added to Amazon Sellers' List <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-06/l_831373_122605_updates.jpg"/>Razak Dawood says it is a great opportunity for Pakistani youth, SMEs and women entrepreneurs. Thu, 06 May 2021 12:25:00 +0500 Alternate Text
LHC to hear petition challenging move to discontinue Rs7,500 prize bonds <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-05-05/l_830893_110512_updates.jpg"/>Petitioner calls on LHC to declare government's move to discontinue Rs7,500 prize bonds void Wed, 05 May 2021 10:59:20 +0500 Alternate Text
Govt announces discontinuation of Rs15,000 and Rs7,500 bonds <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-04-29/l_828010_115450_updates.jpg"/>Notification shows that Rs7,500 and Rs15,000 bonds will no longer be in use from this year Thu, 29 Apr 2021 23:50:18 +0500 Alternate Text
For second consecutive year, SBP not to issue new banknotes on Eid ul Fitr <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-04-29/l_827984_053339_updates.jpg"/>SBP says decision to not issue new notes taken due to the coronavirus pandemic Thu, 29 Apr 2021 18:27:00 +0500 Alternate Text
Coronavirus: Latest bank timings in Pakistan <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-04-29/l_827915_104710_updates.jpg"/>Banks will conduct public dealing from 9am to 1pm on weekdays while on Friday's banks will close at 12:30pm Thu, 29 Apr 2021 10:44:27 +0500 Alternate Text
Germany set to upgrade 2021 growth forecast: minister <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-04-24/l_825366_094234_updates.jpg"/>Europe´s biggest economy shrank by 4.9% in 2020 as restrictions to curb the pandemic hit many sectors. Sat, 24 Apr 2021 09:38:55 +0500 Alternate Text
Sichuan Liaison Office of the China-Pakistan Business Council launched to promote trade ties <img src="https://www.thenews.com.pk/assets/uploads/updates/2021-04-17/l_821773_103746_updates.jpg"/>The liaison office will accelerate the integration of Sichuan province into the China-Pakistan Economic Corridor Sat, 17 Apr 2021 22:35:29 +0500 Alternate Text