Govt reschedules NFC meeting after five-month break

ISLAMABAD: After a break of around five months, the Ministry of Finance has decided to reschedule the National Finance Commission (NFC) meeting,...

NEPRA trashes CASA-1000, urges govt to revisit power supply agreement

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has asked the government to revisit Central Asia-South Asia (CASA-1,000) electricity supply agreement, saying...

Stocks stage 628-point comeback rally

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) staged a strong comeback on Thursday, with the KSE-100 Index ending above the 32,000...

ECC upholds ban on wheat export

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday discussed the wheat situation in the country and in the light of...

OMCs, dealers seek Rs2 per litre hike in commission

ISLAMABAD: The oil marketing companies (OMCs) and dealers of petroleum products have asked the Petroleum Division to increase their margin on petrol...

Commerce ministry opposes privatisation of PRCL

ISLAMABAD: As the government intends to privatise the Pakistan Reinsurance Company Limited (PRCL) in line with other state-owned entities, the Ministry of Commerce...

Sales of motorbikes, three wheelers decline 9.9pc in Aug

ISLAMABAD: The sales of motorcycles and three-wheelers dipped 9.91pc in August 2019 when compared with the corresponding month of last year, Pakistan...

Over 20 Pakistani textile companies participate in Paris exhibition

A four-day biannual international textile exhibition titled “Texworld” is underway in Paris, France. More than 20 Pakistani textile companies are participating in...

ExxonMobil, Pakistan’s UGDC ink LNG import deal

ISLAMABAD: ExxonMobil, the world's largest oil and gas company, has inked a deal with Universal Gas Distribution Company Pvt Ltd (UGDC) wherein...

Industrial development programme for Pakistan launched

ISLAMABAD: The United Nations Industrial Development Organisation (UNIDO) and the Ministry of Industries and Production (MoIP) have signed an accord to formally launch...

Bourse turns bearish, sheds 353 points

KARACHI: The Pakistan Stock Exchange retraced its footsteps following a weak finish to the previous session and traded lower throughout Wednesday. The...

Punjab mining officials booked over illegal extraction of gold from Indus River

LAHORE: The Punjab Anti-Corruption Department on Tuesday registered a case against Punjab Mines and Minerals Department officials and others for illegal extraction of...

‘Diversification of export products among top govt priorities’

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Tuesday that the government was focusing on the diversification of export...

IMF satisfied with Pakistan’s three-month performance

ISLAMABAD: The International Monetary Fund's (IMF) Middle East and Central Asia Director Jihad Azour has expressed satisfaction over the three-month performance of...

‘Pakistan to highlight energy-related opportunities in Japan conference’

ISLAMABAD: Pakistan would highlight the investment opportunities in its energy sector during the upcoming conference in Japan, scheduled to be held from Sept...