Oil drops as surprise US stock build douses demand recovery hopes

Oil prices slid for a second consecutive session on Thursday as US industry data showed a steep and surprising build-up in crude...

UN working alongside IMF, World Bank against COVID-19: Antonio

The United Nations has called for multilateral efforts not only to fight COVID-19 outbreak but also to mitigate economic blow that developing...

PM to participate in virtual event on financing for development in era of COVID-19

Prime Minister Imran Khan will be participating in a virtual high-level event on financing for development in era of Covid-19 and beyond...

Rs5 to 10 per litre cut in petrol price likely

The government has decided to slash petrol price upto Rs5 to Rs10 per litre to provide relief to the people, a private...
Dr-Hafeez-Shaikh

Nishat Group delegation meets Hafeez Shaikh

ISLAMABAD:  A delegation of Nishat Group has met Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh to...

Covid-19: Zafar urges factory, mill owners to ensure safety of workers

Special Assistant to the Prime Minister on Health Dr Zafar Mirza has urged the factory and mill owners to ensure standard operating...

‘Govt to amend SEZ Act to promote industrialisation, attract FDI’

Razak Dawood says amendments will help ensure provision of quality services to investors

Govt mulls imposing luxury tax on ICT houses

ISLAMABAD: The federal government is considering imposing a luxury tax on houses located within the limits of Islamabad Capital Territory (ICT). According to...
Dr Abdul Hafeez Shaikh

PM-made think tank to focus on three priority areas

--Body mulls 'digital account scheme' for overseas Pakistanis ISLAMABAD: Limiting the scope of work for the Prime Minister-formed Think Tank, the government on...

Pakistan’s food security under threat as locusts devour crops, livelihoods

--Locust attacks likely to cause Rs800bn loss to country's agriculture produce this year --Farmers seek govt's help as they fear long-term food shortage LAHORE:...

CMAP suggests measures to generate Rs260bn annual revenue from tobacco industry

LAHORE: As Pakistan continues to lose billions of rupees every year due to illicit tobacco trade, the high-handedness of multinational companies and...

FDI surges 127pc to $2.28bn in 10 months

ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Tuesday that the country had witnessed net Foreign...
World stocks

Hong Kong tensions rattle world stock markets, oil tumbles

Oil prices tumbled and global equity markets fell on Friday as China's move to impose a new security law on Hong Kong...

PTI govt urged not to impose taxes on local tobacco industry

ISLAMABAD: Tobacco farmers and industrial workers have demanded the Pakistan Tehreek-e-Insaf (PTI) government not to impose heavy taxes on local industry, saying...

Nissan considering 20,000 job cuts amid Covid-19

TOKYO: Nissan Motor is considering cutting 20,000 jobs from its global workforce, focusing on Europe and developing countries, Kyodo news reported on...