OGDCL discovers gas, condensate in Sindh

ISLAMABAD: The Oil & Gas Development Company Limited (OGDCL) has discovered gas and condensate oil from its exploratory-cum-appraisal well ‘Mangrio–1’ in Nim Block,...

MRI aims to boost Pakistan’s mango exports

MULTAN: The Mango Research Institute (MRI) in Multan is leading several initiatives aimed at helping mango growers increase the yield and improve the...

China, UAE and Singapore among top exporters to Pakistan

ISLAMABAD: China remained the top source of import for Pakistan during the first eight months of the current fiscal year (FY19), followed by...

Pakistani delegation departs for China to attend FATF meeting

Pakistani delegation under Finance Secretary Younus Dagha left for China on Tuesday to attend a session of the Financial Action Task Force,...

Pakistan retains upgraded status in MSCI Emerging Market Index

Pakistan has retained its May 2017's upgraded status in Morgan Stanley Capital International (MSCI) Emerging Market Index as it successfully averted a...

Govt approves amnesty scheme

Hafeez Shaikh says 'basic purpose' of scheme is to document economy, make dead assets functional 4pc will be charged for whitened...

Chinese delegation visits BOI, discusses progress on Rashakai SEZ

ISLAMABAD: A delegation of China Road and Bridge Cooperation (CRBC), led by Director Shi Xiaobo, visited Board of Investment (BOI) to discuss the...

Offshore drilling near Karachi coast completed

ISLAMABAD: Offshore drilling near Karachi coast on Indus G-Block (Kekra-1) has finally been completed after four months of hard work. The drilling was...

China says US has agreed to keep talking over trade war

BEIJING/WASHINGTON: China and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday, as US...

FBR chief says harassment of taxpayers won’t be allowed

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said on Tuesday that there would be no raid or harassment of the taxpayers,...

PSX ends flat despite early gains

KARACHI: The Pakistan Stock Exchange (PSX) started the trading session on Tuesday on a positive note but failed to hold its ground and...

China fires back at US with tariff hike on goods worth $60bn

China's rates will target a number of American imports with tariffs rising to as high as 25%, according to a statement by China's cabinet.

Oil tankers ‘sabotaged’ as Gulf tensions soar

Almost all the oil exports of Saudi Arabia, Iraq, UAE, Kuwait, Qatar and Iran itself, at least 15 million barrels per day, are shipped through the Strait of Hormuz.

Asad Umar wants IMF accord discussed in parliament

Former finance minister vows to inform the public about discussions he had with IMF before his ouster Following his appointment as chairman...

Investor facilitation imperative for economic growth: PM

Prime Minister Imran Khan said on Monday that the provision of all possible facilities to local and foreign investors was among the...