Frances nudges up 2020 deficit forecast to 2.1pc

PARIS: France expects its public sector deficit to reach 2.1 per cent of economic output next year, up from the 2.0 per...

Rs147mn to be spent on up-gradation of HDIP labs

ISLAMABAD: Hydrocarbon Development Institute of Pakistan (HDIP) would execute two projects worth Rs147.960 million fort up-gradation of its testing laboratories in different cities...

SNGPL, SSGCL to lay 13,599km long gas pipelines in 2019-20

ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL), under a strategy to reinforce and expand their transmission...

Gas prices to increase from July 1: OGRA

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Sunday issued a notification intimating increase in gas sale prices which would be effective from...

Cement exports down by 18pc in May

LAHORE: The exports of cement, after showing a positive growth for the last several months, declined 18 per cent Year on Year...

China warns of long road ahead for deal with US after ice-breaking talks

BEIJING: China and the United States will face a long road before they can reach a deal to end their bitter trade war,...

‘NPH programme vital to overcome housing shortage’

ISLAMABAD: Prime Minister Imran Khan said on Saturday that the Naya Pakistan Housing Programme was a significant project to meet the housing requirements...

NAB initiates inquiry against Sahiwal, Port Qasim power plants

ISLAMABAD: Alarmed by the high tariff granted to Sahiwal and Port Qasim coal-fired power plants, the National Accountability Bureau has initiated an inquiry...

IMF not in favour of amnesty schemes: official

'Such schemes usually have huge costs such as undermining taxpayers' moral and sense of fairness' International Monetary Fund’s Resident Representative to Pakistan...

NA passes budget for FY19-20

Opp rejects 'anti-people' budget, demands a 'pro-people' budget Hammad says govt has reduced current account deficit by 20 per cent Shehbaz...

Fish exports drop 4.11pc to $406m

ISLAMABAD: The exports of fish and its preparations decreased by 4.11pc during the first 11 months of the fiscal year 2018-19 as compared...

OGRA recommends Rs0.77 per litre decrease in petrol price

The Oil and Gas Regulatory Authority (OGRA) on Friday recommended a decrease in the prices of petroleum products and forwarded a summary...

Business community calls for durable trade ties with Afghanistan

'Smuggling is obstructing legal trade between the two countries; this should be tackled through rationalisation of tariff barriers' LAHORE: The Federation of Pakistan...

PTA expects people to pay 1,000pc duty on imported phones

ISLAMABAD: The Pakistan Telecommunication Authority's (PTA) website must be malfunctioning. Because if it is not then the policymakers on top have actually thought...

Budget 2019-20 will prove disastrous for middle-income groups: moot

Former BOI chief Haroon Sharif says budget is a clear reflection of Pakistan's policy priorities, devoid of a medium or long-term...