Big corporates back crypto ‘plumbing’ despite currency caution
LONDON: Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they’re steering...
Iran wants strong trade ties with Pakistan
Iranian minister says his country intends to raise the volume of trade with Pakistan to $5bn by 2021
TEHRAN: Iran's Industry, Mines and...
Govt mulls relocating deposits worth Rs1.9tr
Speculations suggest that IMF has advised the govt to do so in order to avoid the alleged misuse of govt funds
KARACHI: The...
PSX manages positive close after volatile trading
KARACHI: The Pakistan Stock Exchange (PSX) started the day on a bullish note, largely due to clarification from the central bank that the...
Asad Umar resigns as PM Imran revamps cabinet
Imran appoints Hafeez Sheikh advisor on finance, Firdous Ashiq Awan advisor on media
Fawad loses info ministry portfolio, becomes science and...
Asad Umar steps down as finance minister
ISLAMABAD: Asad Umar on Thursday announced his decision to leave the post of federal finance minister.
Umar took to Twitter and wrote, “As...
Digitisation critical to ensure transparency in businesses: PM
ISLAMABAD: Prime Minister Imran Khan said on Wednesday that digitalization was critical to ensuring efficiency and transparency in the conduct of official businesses.
He...
ECC constitutes committee to oversee implementation on Ramadan Package
Finance minister says budgetary needs of many organisations were not assessed properly during the preparation of last year's budget
ISLAMABAD: The Economic...
Pharma industry decides to slash prices of 395 essential drugs
'Prices will not increase if rupee remains stabilised, utility prices are maintained and rate of inflation is controlled'
KARACHI: Pakistan Pharmaceutical Manufacturers' Association...
Wheat stock estimated at 28.16m tonnes, well over national requirements
ISLAMABAD: The Federal Committee on Agriculture (FCA) was informed that wheat production for 2018-19 has been estimated at 25.16 million tonnes from an...
CPEC to enter ‘new era’ after PM Khan’s visit to Beijing: envoy
'All countries are welcome to join the development of Pakistan's economy'
ISLAMABAD: Chinese Ambassador Yao Jing said on Wednesday that the upcoming visit...
K-Electric asked to reduce time period for provision of new connections
ISLAMABAD: Prime Minister Imran Khan on Wednesday directed K-Electric to reduce to one month the time period of providing new electricity connections.
The prime...
Senate panels dismayed over absence of ministers in meetings
Senator Sherry Rehman deplores the performance of planning ministry, says it is not China's job to create an investment-friendly environment in Pakistan
ISLAMABAD: As...
Climate change lowers Pakistan’s mango produce by 20pc
KARACHI: Climate change has affected mango produce in Pakistan, particularly in Sindh and Punjab, by 20pc, according to the Economic Survey of Pakistan.
The...
Bears dominate as KSE-100 sheds over 600 points
KARACHI: Bears of Pakistan Stock Exchange (PSX) were again successful in capturing the market, as the indices bled for the most part of...