Great Depression-like US unemployment rate expected in April

WASHINGTON: The US economy likely lost a staggering 22 million jobs in April, in what would be the steepest plunge in payrolls...

Fakhar stresses increasing fruits export to China

ISLAMABAD: Minister for National Food Security and Research, Syed Fakhar Imam has reaffirmed his commitment for strengthening the bilateral trade and economic...

EU to support Pakistan’s anti-corona fight with 153m euros

ISLAMABAD: Ambassador of the European Union Delegation to Pakistan Androulla Kaminara called on Prime Minister Imran Khan on Thursday and said the...

Punjab millers announce Rs2/kg increase in flour price

LAHORE: Punjab flour mills' owners on Thursday announced increase in flour prices by Rs2 per kg in the province citing rise in...

SBP reserves rise $259m to $12.3bn

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $259 million to $12,329.4 million during the week...

Govt announces to exit lockdown from Saturday

ISLAMABAD: The government has decided to gradually lift the lockdown restrictions, imposed to contain the impact of coronavirus, from May 9 (Saturday), announced...

Govt forms special committee to streamline dairy sector

ISLAMABAD: The federal government on Thursday formed a special committee to ascertain the profit and loss situation in the country's dairy sector. According...

Stocks succumb to selling pressure, index sheds 424 points

KARACHI: The Pakistan Stock Exchange (PSX) succumbed to selling pressure on Thursday, with the benchmark KSE-100 Index, despite recovering losses accumulated in...

Sindh govt urged to reopen textile value chain

KARACHI: All Pakistan Textile Mills Association (APTMA)-Sindh/Balochistan Chairman Zahid Mazhar has demanded the Sindh government to immediately allow the entire textile value...

Govt launches ‘secured transactions registry’ to facilitate financial institutions

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday formally launched the Secured Transactions Registry (STR)...

Sharjah-based Air Arabia opens return ticket bookings to Pakistan, India

The airline has opened bookings for regular return flights to Mumbai, Delhi, Trivandrum, Karachi, Peshawar, Dhaka, Colombo, among other cities.

Turkey offers support to Pakistan to tackle locust crisis

Turkey has offered to extend support and cooperation in elimination of locusts in Pakistan. A C-130 plane of Pakistan Air Force has already...

PM lauds services of HBL in delivering cash scheme for poor 

Minister for Maritime Affairs Syed Ali Haider Zaidi along with Chairman Habib Bank Sultan Ali Allana called on Prime Minister Imran Khan...

Economic expert urges infusing more money to jump-start economy

ISLAMABAD: Economic expert and former secretary finance Dr Waqar Masood on Wednesday urged the federal government to print more money and distribute it...

Budget deficit reaches Rs1.68tr in nine months

–Expenditures clock in at Rs6.3tr against revenues of Rs4.6tr –Govt spent Rs1.8tr on debt servicing, Rs802bn on defence, Rs31.8bn on education and Rs5.1bn...