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,...
Qatar’s migrant workers on Gulf crisis frontline
Doha: Ajit, an Indian electrician, is just seven months into his new job but right now he is a worried man, like...
Shale gas, oil centre established in Pakistan to facilitate E&P companies
Islamabad: Ministry of Petroleum and Natural Resources has established a Shale gas and oil centre to facilitate interested Exploration and Production (E&P)...
PM assures provision of electricity in Karachi as tussle between SSGC, K-Electric ends
KARACHI: Prime Minister Shahid Khaqan Abbasi on Monday assured of the provision of electricity in Karachi, as the tussle between Sui Southern Gas Company (SSGC) and...
Pakistani’s have stashed Rs153b in Swiss banks: SNB
Zurich: According to data released by the Swiss National Bank (SNB) on Thursday, the amount of money kept there by Pakistani nationals...
Foreign Direct Investment rises 68pc in six months
KARACHI: Foreign Direct Investment (FDI) in Pakistan rose 68.3pc to $1.34 billion in the first half of the fiscal year 2019-20 (July-Dec...
Trump ends shutdown, signs bill to reopen government
The deal he reached with congressional leaders contains no new money for the wall but ends the longest shutdown in U.S. history
Senate standing committee raises doubts over BOP’s right shares issue
Islamabad: On a complaint of a minor shareholder of the Bank of Punjab, the Senate Standing Committee on Thursday took it up...
OGRA penalises PLL Rs560 mn over cancellation of four LNG cargoes
ISLAMABAD: In a blow to the government’s efforts to promote LNG business in the country, OGRA has imposed a Rs560 million penalty...
Urea prices to rise further, if govt doesn’t release subsidies
Last week, the fertilizer manufacturers had jacked up prices of urea by Rs100 per bag and could increase it by a further Rs106 due to the finance ministry’s unwillingness to release the pending subsidy
FBR fails to meet tax collection target for FY 2016-17
Islamabad: The Federal Board of Revenue (FBR) did not meet its tax collection target for last financial year 2016-17.
While speaking to the...
KSE-100 rebounds after Monday’s rout
KARACHI: After taking a thrashing in the previous session, the Pakistan Stock Exchange (PSX) managed to recover some of its losses on...
Market daily: PSX narrowly misses 46,000pts
LAHORE
Sentiments remained bearish at the Pakistan Stock Exchange (PSX) with the rise in political temperatures. With the former prime minister making his...
12th JMC meeting between Pakistan, UAE gets delayed
Pakistan has suggested signing an economic framework agreement to prioritize areas of cooperation, which is expected to be reached during the 12th JMC
Profit repatriation rises to $1.773b in July-April FY18
Power sector recorded the highest FDI inflow $750 million and payments on FDI touched $180 million during July-April FY18