Deceased man buys cars, FBR on the move

A govt official allegedly purchased 32 vehicles in the name Sheikh Khalid, who died in 2016ISLAMABAD: The tax department has initiated an inquiry against...

TEXPO attracts $600mn export orders

LAHORE: Pakistan's biggest textile exhibition at the government level, TEXPO-2019, has attracted $600 million trade through export orders by foreign buyers, claimed Federal Commerce...

China to invest $1.3tr in BRI states by 2027

'China has entered into an era of geo-economic relationship with Pakistan and it plans to boost two-way trade from $12bn to $20bn'ISLAMABAD: Chinese scholar...

‘Completion of ML-I project will revolutionise Pakistan Railways’

ISLAMABAD: Pakistan and China will sign the preliminary design of ML-1 project during the upcoming visit of Prime Minister Imran Khan to Beijing.This was stated...

Energy task force chairman allegedly owes Rs800m to SNGPL

London Court of Arbitration had ordered Orient Power to make payments to SNGPLISLAMABAD: Energy Reforms Task Force Chairman Nadeem Babar, the alleged owner of...

Asad Umar resigns as PM Imran revamps cabinet

Imran appoints Hafeez Sheikh advisor on finance, Firdous Ashiq Awan advisor on media  Fawad loses info ministry portfolio, becomes science and tech minister,...

Wheat stock estimated at 28.16m tonnes, well over national requirements

ISLAMABAD: The Federal Committee on Agriculture (FCA) was informed that wheat production for 2018-19 has been estimated at 25.16 million tonnes from an area of...

Market reacts positively as Hafeez Sheikh takes charge of finance ministry

'IMF will be more comfortable in discussing the next loan programme with Hafeez Sheikh' 'The new advisor has made it clear to the...

Gwadar free zone being modelled after China’s Shekou Industrial Zone

BEIJING: Gwadar Port free zone would be modelled after the Shekou Industrial Zone in Shenzhen, China, comprising a port, an industrial park, and residential and...

Economic uncertainty puts sale of 1,700cc and above cars in jeopardy

KARACHI: The sale of 1,700cc and above cars has dropped considerably after media reports that the government would withdraw its decision of imposing 10pc federal excise...

Shozib Ali PTI’s favourite for SECP top slot

Sources said that Prime Minister Imran Khan will choose a name among the three candidates who will become the next chairman and will perform his responsibilities.

Iran wants strong trade ties with Pakistan

Iranian minister says his country intends to raise the volume of trade with Pakistan to $5bn by 2021TEHRAN: Iran's Industry, Mines and Trade Minister...

Dubai Expo 2020 to give $33bn boost to UAE economy

DUBAI: Dubai's Expo 2020 global trade fair is expected to give the United Arab Emirates an economic boost of over $33 billion, consultants Ernst and...

‘Kekra in Pakistani waters among world’s three highly prospective wells’

Rystad Energy says Kekra well in Pakistani waters has pre-drill prospective resource estimates of 1.5bn barrels of oil or equivalentThe Eni's Kekra well for...

Pharma industry decides to slash prices of 395 essential drugs

'Prices will not increase if rupee remains stabilised, utility prices are maintained and rate of inflation is controlled' KARACHI: Pakistan Pharmaceutical Manufacturers' Association (PPMA) on...

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