Business

BEIJING, May 12 : President of the International Exchange and Cooperation Branch of China Seed Association, Zhang Qin said that a new rice variety would be introduce with cooperation of Chinese scientists to cultivate in Pakistan which could be used for both grain and forage. “Pakistan is a major rice-growing …

ISLAMABAD, May 12):Federal Minister for Commerce, Syed Naveed Qamar said here that Ministry of Commerce was working on a policy to enhance trade and connectivity with Central Asia, through Afghanistan and Iran. The ministry has already taken several measures to materialize this policy, the minister said in a written reply …

ISLAMABAD, May 11 : Minister for Planning, Development and Special Initiatives Ahsan Iqbal Wednesday said the government was giving special priority to the youth of the country in the incoming budget for fiscal year 2022-23, as number of new initiatives were being considered for them. He said in the upcoming …

Islamabad-Bitcoin fell to its lowest level since July 2021 on Tuesday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. Bitcoin dropped to as low as $32,763.16 shortly before 1100 GMT, in its fifth consecutive session of falling. …

The prices of various food items, including pulses, cooking oil and gram flour, have risen at utility stores across the country as the government’s Ramazan Relief Package came to an end. According to the new rate list issued by the Utility Stores Corporation (USC) on Saturday, the discount of Rs10 …

Govt forms panels to decide future of cryptocurrency business Committee will mull over the method to ban cryptocurrency, if necessary ISLAMABAD: The federal government has constituted three sub-committees to decide the future of cryptocurrency business in the country. These panels will formulate their recommendations after reviewing all the aspects of …

Federal Minister for Commerce and Investment Syed Naveed Qamar Saturday directed the officials concerned to thoroughly review the European Union’s GSP scheme and other bilateral trade agreements with different countries to safeguard the interests of Pakistani business community. He issued the directives while presiding over a meeting here at the …

The government on Saturday kept prices of petroleum products unchanged for next fortnight so that consumers are not burdened with price hike, Finance Ministry said in a statement issued here. “In the fortnightly review of petroleum products’ prices, Prime Minister has rejected the proposal of OGRA for increase in prices …

The Federal Board of Revenue (FBR) collected net revenues of Rs.4,858 billion during the first ten months of the current fiscal year (July-April 2021-22), showing growth of 28.6 percent over the collection of  Rs.3,778 billion during the corresponding period of last year. According to provisions figures shared by the board …

Oil and Gas Regulatory Authority (OGRA) on Saturday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of May, decreasing the commodity price by Rs180.28 per 11.8-kilogram cylinder. According to the notification, the authority reduced the locally produced LPG price by Rs 15.27 per kilogram. After the …