EU ban on Indian basmati rice provides opportunity for Pakistan

KARACHI: After a ban imposed by the European Union (EU) on the import of Indian basmati rice, there is a great opportunity for...

Economic indicators highlighting positive trend: PM

PM Imran directs his economic team to highlight govt's achievements in media, berates opposition for 'using inflation issue for propaganda'

Chinese investors urged to cash in on Pakistan’s ‘business-friendly policies’

--Minister says China can help increase Pakistan’s exports by relocating its industries and initiating joint ventures in various fields ISLAMABAD: Planning, Development...

SBP reserves up $188m to $13.29bn

KARACHI: The foreign exchange reserves held by the central bank rose $188 million on a weekly basis, according to data released by the...

India forecasts 7.7pc GDP contraction in 2020-21

NEW DELHI: The Indian government said on Thursday it expects the economy to contract 7.7pc in the fiscal year ending in March,...

Pakistan among top five emerging economies in the world: Ahsan Iqbal

OSLO: Pakistan has become one of the top five emerging economies in the world, said Minister for Planning, Development and Reform Ahsan Iqbal. Iqbal,...

APO pledges support to Pakistan for improving productivity

ISLAMABAD: Asian Productivity Organisation (APO) Secretary-General Dr Santhi Kanoktanaporn Wednesday vowed to support Pakistan in skill development for innovation in productivity through...

Cutlery exports surge 1.73pc to $91.3m

ISLAMABAD: The cutlery exports from the country witnessed an increase of 1.73pc during the financial year 2018-19, as compared to the corresponding period...

Pakistan has officially requested for financial assistance: Lagarde

Pakistan has gone to the IMF several times since the late 1980s. The most recent was in 2013 when Islamabad got a $6.6 billion loan to tackle a similar crisis

Stocks tumble 337 points as rollover week begins

KARACHI: The Pakistan Stock Exchange (PSX) witnessed all-round selling on first day of the trading week, with the benchmark index after registering...

Shrinking German economy ‘on edge of recession’ as exports stutter

BERLIN: Slumping exports sent Germany’s economy into reverse in the second quarter, with prospects of an early recovery slim as its manufacturers' struggle...

Lobbying in the ruling party delays appointment of finance secretary

A disagreement within the ruling PML (N) party has delayed the appointment for the permanent slot of federal finance secretary, reported a...

Anti-dumping duty on steel feared to hit the local automobile sector

Pakistan’s decision to impose anti-dumping duty on Chinese steel is feared to raise the cost of automobiles since various local automobile parts...

TDAP endeavouring to facilitate exporters

LAHORE: The Trade Development Authority of Pakistan (TDAP) is endeavouring to help and facilitate exporters of all product sectors with an aim...

AJK Industrial Zone & Hydel Projects approved under CPEC

 President Azad Jammu and Kashmir Sardar Muhammad Masood Khan has stated that the industrial zone in Bhimber district and hydel power projects...