Pakistan ready to combat impending attack of locust: FAO official

Pakistan is well prepared to combat an impending attack of crop-eating locust from breeding grounds in southern Iran. Talking to United Nations correspondents...
Oil producers

US cuts royalties for hard-hit oil, gas drillers

The Trump administration has lowered royalties for several drilling companies producing oil and gas on federal lands, according to a government database,...

Fake cigarette manufacturing company unearthed in Lahore; FIR lodged 

LAHORE: Lahore Police on Thursday registered a case against a cigarette manufacturing company involved in illegal production of cigarettes in the market...

Virus-hit China sets no annual growth target, a first in years

China took the rare move of not setting an annual growth target this year after the coronavirus battered the world’s second-largest economy...

PSX to remain closed from Friday to Wednesday

The Pakistan Stock Exchange will remain closed from May 22 (Friday) till May 27 (Wednesday) on account of Juma-tul-Wida and Eid-ul-Fitr holidays,...

Govt decides to restore international flights from Peshawar

The federal government has decided to restore international flights from Bacha Khan International Airport, Peshawar. The decision was taken by the Prime Minister...

US jobless claims keep climbing to hit 38.6mln since lockdowns

WASHINGTON: Millions more Americans filed for unemployment benefits last week as backlogs continue to be cleared and disruptions from the novel coronavirus...

Gold price increases to Rs 95,850 per tola

The per tola price of 24 karat gold increased by Rs. 50 and was traded at Rs. 95,850 on Thursday, as compared...

Current account deficit shrinks 51pc to $572m in April

KARACHI: The country’s current account deficit in April 2020 stood at $572 million, a decline of 50.9pc when compared to the $1.165...

Debt inquiry commission submits report to PM Imran

--Commission accuses govt high-ups of causing over Rs1tr losses to national exchequer --Finds irregularities in serval important projects including Peshawar BRT, Nandipur Power...

Forensic probe accuses major sugar mills of market manipulation, fraud

–Shahzad Akbar says sugar mills operating like 'cartels', six major groups control 51pc supply –JDW among mills accused of underreporting sales; Tareen denies...

SBP reserves drop $141m to $12.1bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $141 million to $12.129 billion on a weekly...

ECC approves country’s first Mobile Device Manufacturing Policy

--Policy includes removal of regulatory duty, fixed sales tax on CKD/SKD manufacturing by PTA-approved manufactures --Locally manufactured phones to be exempted from 4pc...

Stocks end lower as investors remain cautious ahead of Eid holidays

KARACHI: The Pakistan Stock Exchange (PSX) moved within a narrow range ahead of Eid holidays, with the benchmark KSE-100 Index closing a...

Timely completion of CPEC projects govt’s top priority: FM

Foreign Minister Shah Mahmood Qureshi has said timely completion of China-Pakistan Economic Corridor projects is among top priorities of the government. He was...