DISCOs seek Rs1.80 per unit hike in power tariff
Power distributing companies have accumulated a loss of Rs201bn in the first two quarters of FY19
ISLAMABAD:Â The Task Force on Energy Reforms...
WB urged to finance projects in underdeveloped areas of Pakistan
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar said on Tuesday that the government was focusing on the equitable development of...
China to slash taxes, boost lending to prop up slowing economy
BEIJING: China sought to shore up its slowing economy through billions of dollars in planned tax cuts and infrastructure spending, with economic...
PSX fails to sustain gains, ends 61 points lower amid geopolitical tensions
KARACHI:Â Breaking the trend from the previous session, Pakistan Stock Exchange (PSX) ended the day negative. The indices that traded in green in...
Inclusion in EC’s terror financing list adds to Pakistan’s difficulties at FATF
ISLAMABAD:Â Although Pakistan, during the past six months, has taken multiple steps to meet the conditions of the Financial Action Task Force (FATF),...
Asad Umar summons ECC meeting tomorrow
ISLAMABAD:Â Finance Minister Asad Umar would chair the important meeting of Economic Coordination Committee (ECC) tomorrow (Tuesday).
A three-point agenda will come under discussion...
‘Pakistan Post to be transformed into profitable entity soon’
ISLAMABAD:Â Federal Minister for Postal Services Murad Saeed on Monday told Senate that Pakistan Post would soon be converted into a profitable entity.
He...
Pakistan airspace fully reopened, says CAA
KARACHI:Â Pakistan fully reopened its airspace on Monday, authorities said, days after it closed its skies to all air travel, leaving thousands stranded...
Domestic cement despatches fall 19pc in Feb
The cement sector posted a double-digit decline of 19.05pc in the month of February compared with the corresponding month last year.
According to...
Exporters urged to tap Russian market
'Apart from oil and gas, Russia is meeting over 95pc of its needs through imports'
ISLAMABAD:Â A delegation of Pakistani entrepreneurs working in Moscow...
Pakistan keen to enhance economic ties with Uzbekistan
ISLAMABAD: President Dr Arif Alvi on Monday expressed Pakistan's keenness to further strengthen its bilateral relations with Uzbekistan in diverse areas, including...
Nishat Group explores business avenues with Rungis MarketÂ
JV between the two companies will help facilitate all stakeholders in Pakistan's agriculture sector, especially the small farmers
Nishat Group Chairman Mian...
PM terms trade, investment ‘an important pillar of Pakistan’s foreign policy’
'After overcoming the most difficult challenge of stabilising the economy during the first six months, our focus is now on economic...
Bullish sentiments prevail as KSE-100 gains 210 points
KARACHI:Â Positive sentiments surrounded the bourse on the first trading session of the week, as the indices that opened red changed their path...
Metro Pakistan shares expansion plans with BOI
The company's upcoming store in Multan will be its 10th wholesale retail facility in Pakistan and the first in South Punjab
ISLAMABAD:Â A...