Audi recall 850,000 diesel vehicles for updating software to improve emission performance

Berlin: German automaker Audi says it will fit up to 850,000 diesel cars with new software to improve their emissions performance, following a similar...

Overseas Pakistani workers remit $14.058bn in Jul-Mar FY17

Overseas Pakistani workers remitted an amount of $14.058 billion in the first nine months (July to March) of 2016-17 down by 2.3 per cent...

Punjab govt to focus on effective mobilization of tax revenues

Speaking at a high-level consultative meeting on tax reforms and private dialogue on Thursday, Punjab Finance Minister Ayesha Ghaus Pasha has said that the...

Government to spend Rs37.97m on appraisal of coal reserves

Rs37.97m to be spent on appraisal of coal reserves Islamabad: The government will spend Rs37.97 million more on the appraisal of huge coal reserves confirmed...

PSX fails to impress amid cautious investors

KARACHI Within scale trading was seen as the day progressed, hinting at caution from the investing community. A lack of eye-openers remained true on Tuesday and Wednesday following...

‘Silk Road’ train makes its first journey from Britain to China

The first-ever freight train from Britain to China started its mammoth journey on Monday along a modern-day “Silk Road” trade route as Britain eyes...

Off-shore account details to be shared with FBR by Swiss and Panama authorities

Under an international treaty signed on tax evasion, the Federal Board of Revenue (FBR) will be provided with the bank account details of Pakistani’s...

Oil prices hover near $60 as Saudi Arabia backs extension of output cuts

SEOUL: Oil prices held steady on Friday, with Brent crude hovering near $60 a barrel, buoyed by comments from Saudi Arabia’s Crown Prince backing...

Int’l insurance conference on ‘Climate Change & Emerging Risks’

Pakistan Insurance Institute (PII) organised an international insurance conference on the topic of ‘Climate Change & Emerging Risks’. The conference brought together renowned foreign...

J&J baby shampoo samples fail Indian quality test; company rejects findings

NEW DELHI: Johnson & Johnson's baby shampoo samples failed quality tests conducted by the northwestern Indian state of Rajasthan, according to a public notice from...

CPI inflation hikes by 5% on YoY basis

    KARACHI: Consumer price index (CPI) inflation general increased by 5.0 per cent on a year-on-year basis in May 2017 as compared to an increase...

Senate committee expresses concerns over non-availability of agri-credit

ISLAMABAD Senate’s Standing Committee on National Food Security and Research here on Wednesday expressed its concerns over the non-availability of credit for the agriculture sector...

Asian stocks fare better, as Euro gets rattled by Spanish vote

Sydney: The euro took a knock in Asia on Monday as investors kept an anxious eye on an independence vote in Spain’s Catalonia, although...

Abu Dhabi sells first 30-year bond

DUBAI: Abu Dhabi sold its first ever 30-year sovereign bond on Tuesday as part of a $ 10 billion triple-tranche debt issue that drew...

Recovery of non-tax revenue reviewed by provincial finance minister

A meeting was conducted by Provincial Finance Minister Dr Ayesha Ghaus Pasha on Tuesday to analyse recoveries of non-tax revenue during March 2016 to...

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Cement prices surge to previous levels in Punjab

LAHORE: Cement prices, after witnessing a drop of almost 15pc during the last five months, have started reverting to the previous level in the northern...

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