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Dar unveils FY13 Economic Survey, vows to revive economy

ISLAMABAD: Pakistan’s economy had a tough year during the outgoing fiscal year as GDP growth lagged behind the target while other key macroeconomic indicators...

NEC approves Rs 1.155 trillion for public sector development

ISLAMABAD: The National Economic Council (NEC) on Monday approved 1155 billion rupees development projects including federal Public Sector Development Programme of Rs. 540 Billion...

Oil prices up in Asia

SINGAPORE: Oil prices rose in Asian trade Monday as moderate growth in new jobs in the United States raised hopes about a pick-up in...

Federal budget 2013-14 to be presented in NA on June 12: Ishaq Dar

ISLAMABAD: Finance Minister Ishaq Dar said on Saturday that Federal Budget for the fiscal year 2013-14 will be presented in the National Assembly on...

Pakistan forex reserves ease to $11.457 bln as on May 31

KARACHI: Pakistan’s overall liquid foreign exchange reserves eased to $11.457 billion in a week from $11.624 billion last week, State Bank of Pakistan (SBP)...

Nawaz directs Pakistani missions abroad to aggressively pursue economic diplomacy

ISLAMABAD: Prime Minister Nawaz Sharif on Thursday issued guidelines to the Foreign Office and Pakistani missions abroad underlying the need for aggressively pursuing economic...

Railway track to Katra will operational from July to reach Vaishno Devi Mandar

NEW DELHI: Indian Railways is playing a special train service to Travel to Vaishno Devi shrine from July so maximum people can reach one...

After BMW recalled 570,000 cars from market due to technical faults in Feb. 2013, now turn is for Ford that is withdrawing 465,000 vehicles...

After BMW withdrew 570 thousands cars from the North American market, in February 2013,  now turn is for Ford that is withdrawing 465 thousands vehicles due to 600 complaints...

KSE makes another record, index crosses 22,000-point level

KARACHI: The Karachi stock market’s benchmark index on Monday crossed the historic 22,000-point level as investors’ euphoria over hopes that Pakistan Muslim League Nawaz...

Some forces don’t want Iran-Pakistan gas pipeline project: Raza Rabbani

KARACHI: Pakistan People’s Party (PPP) senior leader Senator Raza Rabbani said on Friday that some forces don’t want completion of Iran-Pakistan (IP) gas pipeline...

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