Karachi traders alliance questions claims of economic development

KARACHI Karachi Traders Alliance (KTA) on Tuesday questioned claims of the government regarding economic development terming it an eyewash. Production, exports, exchange rate and...

Market daily: PSX retains investor interest after tumultuous trading

LAHORE The Pakistan Stock Exchange (PSX) attracted investors’ attention on Wednesday as volumes crawled up further. The benchmark KSE 100 index touched a peak of 43,435.92...

CM Punjab announces formation of committee to address business grievances

A delegation of Lahore Chamber of Commerce and Industry (LCCI) Executive Committee on Friday has asked the Punjab Chief Minister (CM) Shahbaz...

China’s Chongqing to step up support for real economy

SHANGHAI: The sprawling southwestern Chinese city of Chongqing has introduced more measures to bolster the real economy amid growing pressure from Beijing...

Country’s current account deficit widens to (negative) $7.247bn

The current account deficit of the country widened almost three-folds to $7.247 billion in July-April 2016-17 if we compare it with the same...

Country’s exports up by 10.58pc in July 2017-18, down by 14.7pc YoY

KARACHI The country’s exports surged by 10.58 per cent to $1.631 billion in the first month of July 2017-18 compared to $1.475 billion...

Trump defends stance on China trade after new tariffs

WASHINGTON: US President Donald Trump said on Saturday that things are going well with China, insisting US consumers are not paying for...

NEPRA jacks up power price by Rs0.5 per unit

ISLAMABAD: The already burdened power consumers of the country are to face a hike in power tariff as the National Electric Power...

KP govt floats proposal for getting exploration rights without bidding

Islamabad: Khyber-Pakhtunkhwa (KP) government has floated an idea for getting petroleum exploration rights which would be granted to provincial energy companies for...

KSE-100 falls flat amid volatility

KARACHI: The Pakistan Stock Exchange (PSX) started the first session of the week on a positive note but failed to sustain the gains...

Climate change ministry, MoST won’t have any say in EV policy now

Ministry of Industries & Production to redraft and implement electric vehicles policy

Governments and companies assess impact of global cyber-attack

Paris: Companies and governments around the world on Wednesday counted the cost of a software epidemic that has disrupted ports, hospitals and...

‘World less equipped to manage major financial crisis’, former IMF chief’s dire warning

Populism everywhere is the direct outcome of the 2008 financial crisis The world is less well equipped to manage a major financial crisis...

Micro-finance banks instructed to install biometric devices by year end says: SBP

Karachi: The State Bank of Pakistan (SBP) on Monday instructed micro-finance banks (MFBs) to make the use of biometric technology mandatory for...

Rs343.78 billion released under PSDP for development projects

ISLAMABAD: The government has released over Rs 343.78 billion under its Public-Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes against...