Exclusive: OPEC upbeat over 2024 oil demand outlook despite slowdown

OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this...

Steel industry cries foul against unregulated manufacturers in former FATA/PATA

Earlier, an industry association had claimed that steel manufacturers in the erstwhile  tribal regions have evaded taxes worth more than Rs 150bn. 

PSX roars: The mechanics behind Monday’s Bull-run 

Trading halted due to abnormal activity within 10 minutes of the opening of the markets on a day that marked the highest ever single day increase for the exchange.  
Medicines

Exclusive: Indian firm used toxic industrial-grade ingredient in syrup – sources

The Indian manufacturer of cough syrups that Uzbekistan said last year had poisoned 19 children used a toxic industrial-grade ingredient rather than...

Foreign assistance, ongoing projects featured in Sindh’s agriculture development budget

The Sindh government plans to allocate Rs6.9 billion from its estimated Rs 700 billion development expenditure budget for FY24 to the agriculture...

Biden, Modi hail new era for US-India ties and tout deals

U.S. President Joe Biden and Narendra Modi hailed a new era in their countries' relationship after the White House rolled out the...

Pakistani authorities seek “Plan B” amid uncertainty over IMF program

ISLAMABAD: On Wednesday, the United States inquired with Pakistan about its backup plan in case the International Monetary Fund (IMF) program concludes...

Brexit an ‘economic disaster’ for UK and German trade – DIHK

Brexit has been an "economic disaster" for trade and investment ties between the United Kingdom and Germany, leading to a fall in...

Tesla’s Musk eyes significant India investments after meeting Modi

Tesla (TSLA.O) chief executive Elon Musk said India's Prime Minister Narendra Modi was pushing the car maker to make a "significant investment" in...

Efforts needed to restore confidence, encourage legal remittance channels

Writing for Dawn, author Nasir Jamal explains that the potential for remittances sent by overseas Pakistani workers and the diaspora to increase...

The Finance Minister who cried Wolf

It is becoming harder and harder to believe Mr Dar’s claims given his history of being wrong. 

China’s exports tumble in May as global demand falters

China's exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find...

Oil rises on Saudi plan to deepen output cuts from July

Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by...

US Congress averts historic default, approves debt-limit suspension

The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting...

Investment more than consumption leading India’s economic growth, economists say

A surge in investments that offset sluggish consumption to boost India's growth in 2022-23 is expected to power the economy in the current...