Trade surplus with Afghanistan jumps 44pc in Jan
ISLAMABAD: The country's trade surplus with Afghanistan jumped 44pc in January 2019 as the value of surplus rose to $127.819 million in...
China vows ‘fundamental change’ for foreign investors
The requirement for foreign firms to transfer proprietary technology to Chinese joint-venture partners will be eliminated
BEIJING: China's legislature will vote next...
Iran merging military-linked banks to stabilise sector
DUBAI: Iran is merging four military-linked banks and another financial institution with the country’s oldest bank to boost efficiency and help stabilize the...
Cement exports to India suspended after 200pc hike in import duty
Indian buyers are asking Pakistani exporters to recall their containers and shipments
LAHORE: The export of cement to India has been suspended...
Tesla’s store-shuttering strategy may pull the rug out of solar
SAN FRANCISCO: Tesla Inc's sudden decision to shutter the bulk of its stores around the world raises a red flag over the...
Govt issues Rs200bn ‘Pakistan Energy Sukuk’
In order to resolve the country’s circular debt, the federal government has issued the first Pakistan Energy Sukuk of Rs200 billion.
The Sukuk...
Erdogan says Turkey will cut inflation rate to 6-7pc
ISTANBUL: Turkish President Tayyip Erdogan said on Saturday Turkey’s inflation rate would fall to 6 or 7pc from the current 19-20pc but did...
CPI-based inflation increases by 8.21pc in February
ISLAMABAD:Â The Consumer Price Index (CPI) based inflation increased by 8.21pc in February 2019 as compared to the same month of last year.
On...
China agrees to finance 14 social sector projects in GB
ISLAMABAD:Â The visiting Chinese experts, who held detailed meetings with the representatives of federal and provincial governments, including Azad Jammu Kashmir and Gilgit...
Sh Rasheed seeks Turkish expertise in PR projects
Railways Minister Sheikh Rasheed Ahmad on Friday said Pakistan Railways is being developed on modern lines, Radio Pakistan reported.
“The country would like...
Pakistan Customs collects Rs444bn in eight months, surpasses target
ISLAMABAD:Â Pakistan Customs has surpassed its target by collecting Rs444 billion in the first eight months of the current financial year i.e., July-February...
US personal income falls; spending weakest since 2009
WASHINGTON: US personal income fell for the first time in more than three years in January as dividends and interest payments dropped,...
OGRA increases LPG price by Rs9 per kg
The Oil and Gas Regulatory Authority (OGRA) on Friday has jacked up the price of the liquefied petroleum gas (LPG) by Rs9...
Envoy proposes Pak-German Joint Chamber to promote bilateral trade
Ambassador Kobler appreciates the steps taken by govt to restore investor confidence in Pakistan
BOI chief says govt is planning to launch...
Indian economy may decelerate further
SBI chief economist forecasts growth to decline to 6.2pc in the January-March quarter and below 6pc in the June quarter
 NEW DELHI: Billions...