Cement despatches decline 23pc in April

LAHORE: Following the closure of both export and domestic markets owing to COVID-19 outbreak, Pakistan's cement despatches declined by 23.65pc to 3.52...

Stocks lose 264 points in volatile session

KARACHI: The Pakistan Stock Exchange (PSX) endured a volatile session on Wednesday, with the benchmark KSE-100 Index closing in the red despite...

Cabinet approves export of rice, hand sanitisers

ISLAMABAD: The federal cabinet on Tuesday allowed the export of rice and locally manufactured hand sanitisers, as Federal Minister for Information and...

COVID-19: Pakistan’s exports plunge 54pc in April

ISLAMABAD: Owing to the closure of global markets amid COVID-19 outbreak, Pakistan's exports fell by a massive 54pc in April 2020, as...
Pakistan-economy

Pakistan to lose Rs628bn by June, says govt report

–PSX facing loss of Rsbn250 whereas Petroleum Division may lose Rs87bn due to COVID-19 outbreak  –NCC body urges govt to announce fiscal and...

Govt likely to procure cotton at Rs4,000 per 40kg

ISLAMABAD: The federal government has decided to procure cotton from farmers at a price of Rs4,000 per 40kg in order to save...

Over Rs298m released for petroleum sector projects under PSDP

ISLAMABAD: The government released funds amounting to Rs298.183 million during first 10 months of the current fiscal year to execute six petroleum...

Govt’s flawed policies denting investors’ confidence: OICCI

--Chamber says lack of economic documentation, bad tax measures keeping investors at bay --Says investors uncertain about govt's ability to implement tough decisions ISLAMABAD:...

KSE-100 lands flat after range-bound session

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Tuesday, with the benchmark KSE-100 Index failing to capitalise...

UK new car sales fall to lowest level since 1946

British new car sales slumped by around 97% in April to the lowest level of any month since February 1946 with factories...

CCOE directs to expedite finalisation of renewable energy policy

A meeting of the Cabinet Committee on Energy was held in Islamabad with Minister for Planning, Development and Special Initiatives Asad Umar...

Stocks rally as nations begin to slowly reopen

Equities and crude rallied Tuesday as investors cheered a further easing of lockdowns in some countries, which offset a brewing row between...

FY20: Seven manufacturing sectors post decline in profit

ISLAMABAD: The performances of several manufacturing sectors have deteriorated during the first eight months of the current fiscal year, it was learnt...

KP traders demand complete opening of Torkham border

PESHAWAR: The government's decision to open Torkham border "only for 100 trade vehicles a day" has irked the Khyber Pakhtunkhwa traders, who...

Shaista Bano Gillani takes charge as CCP chairperson

ISLAMABAD: Shaista Bano Gillani has taken charge of the Competition Commission of Pakistan (CCP) as its chairperson, said a notification issued the...