FIA fails to obtain record from Customs Intelligence in mobile phones embezzlement case
ISLAMABAD: The Federal Investigation Agency (FIA) has failed to obtain the record from Directorate General of Customs Intelligence and Investigation in a...
Syria war, OPEC compliance propping up oil price: IEA
PARIS: Fears of fresh escalation in Syria’s war coupled with compliance with a pledge by the OPEC cartel and Russia to limit...
CPEC is most significant pillar of OBOR: Ahsan Iqbal
BEIJING:Â The China-Pakistan Economic Corridor (CPEC) is the most important pillar of the Belt and Road Initiative and due to commitment and sincerity...
Govt to project 6.2 percent GDP growth rate for next financial year
ISLAMABAD: The outgoing government is set to give go-ahead for upcoming financial year’s macroeconomic framework, which projects inflation at 6 percent and...
Revision in foreign currency account law could rein in demand of dollar in kerb market
KARACHI: The promulgation of a revised Protection of Economic Reforms Act (PERA) 1992 earlier this week has been appreciated by experts, which...
Short-termism impedes progress of world’s poorest people: UN report
NEW YORK: The prospects of around 800 million of the world’s poorest people remain dire. The global economy is experiencing a moderate upturn,...
Market Daily: KSE 100 index loses 259.85pts, settles at 46071.86
LAHORE: Off to a rocky start the 100 Index saw reduced market participation in the early hours as market participants opted to...
NAB summons 19 Customs Intelligence officials in Hino trucks auction case
ISLAMABAD: The National Accountability Bureau (NAB) Balochistan has summoned nineteen officials of Customs Directorate of Investigation and Intelligence Quetta in the case...
Govt, ADB sign deals worth $375mn to improve irrigation, public-private partnership in Punjab
ISLAMABAD:Â The Asian Development Bank (ADB) and the Government of Pakistan on Friday, signed two loan agreements totaling $375 million to improve irrigation...
PTCL posts Rs30bn revenue for first quarter of 2018, up 4pc YoY
MULTAN: Pakistan Telecommunication Company Limited (PTCL) announced its financial results for the quarter ended March 31, at its Board of Directors meeting...
Russian parliament considering ban on list of US imports
MOSCOW: Russia’s lower house of parliament is to consider draft legislation that would give the Kremlin powers to ban or restrict a...
$3 million worth of bitcoins stolen from Indian cryptocurrency exchange
NEW DELHI: Coinsecure, an Indian cryptocurrency exchange, said nearly $3 million were stolen from its bitcoin wallet, the biggest reported so far...
Global stocks set to gain as risk appetite returns
LONDON: World stocks and commodities rose on Friday, with stocks set to post their biggest weekly gain in over a month as...
Hindrances in GE power plants could cause headaches for PML-N
ISLAMABAD: A pledge by Pakistan’s ruling party to end electricity outages ahead of a general election in mid-2018 is being undermined by...
China posts rare trade deficit, as surplus with US stands at $15.4 billion
BEIJING: China’s global trade balance swung to a rare deficit in March as exports shrank but its surplus with the United States,...