Oil slumps three percent, near lowest in a year as stock markets sink
OPEC and other oil producers including Russia agreed this month to curb output by 1.2 million barrels per day (bpd) in an attempt to drain tanks and boost prices
Govt tells IMF it may levy federal excise duty on domestic and imported cars
With a blend of new taxes and rupee devaluation, the tax collection could increase to Rs4.5 trillion during the current financial year, Rs5.8 trillion by June 2020 and Rs7 trillion by June 2020, respectively
OGRA clarifies appointment of chairperson Uzma Adil
LAHORE: Apropos to a news item published in certain daily newspapers on the audit report which stipulated that there was a conflict...
Rupee devaluation fails to spur growth in exports, touch $9.120 billion in 5MFY19
Trade deficit for July-November FY19 fell to $14.51 billion or 2.0% from $14.81 billion in the corresponding period of last year
Pakistan spends an average 2.1% of GDP on infrastructure: Fitch Solutions
The research agency said that China’s Belt and Road Initiative (BRI) will keep playing an important role in spurring infrastructure development across Asia
AG declares OGRA chairperson’s appointment as illegal
ISLAMABAD:Â After the disclosure of dual nationality of an Oil and Gas Regulatory Authority (OGRA) member, the auditor general has now declared the...
PIA resumes its night flight operations in KP
Night flying was discontinued four years ago due to aviation safety concerns
KARACHI:Â Pakistan International Airline (PIA) will facilitate Khyber Pakhtunkhwa (KP) passengers...
Govt plans visa on arrival for 55 countries to uplift tourism sector
Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood said on Tuesday that Pakistan is considering allowing visa on...
British Airways to resume Pakistan flights after a decade
BA, which is owned by Spanish-registered IAG, is due to begin the London Heathrow-Islamabad service on June 2, with three weekly flights by the airline’s newest long-haul aircraft, the Boeing 787 Dreamliner
Afghan Transit Trade hurting domestic stationary industry
Govt urged to impose regulatory duties on the import of pencils
ISLAMABAD: Adviser to the Prime Minister on Commerce Abdul Razak...
PM for efforts to meet target of 15m cotton bales production
Working group constituted to revamp the existing seed registration institutes
ISLAMABAD:Â Prime Minister Imran Khan on Monday called for consorted efforts to...
Agreements worth $260m signed at 14th Build Asia Exhibition
KARACHI:Â The three-day '14th Build Asia Exhibition' concluded successfully in Karachi on Monday, as it facilitated the signing of agreements worth $260 million...
Omar Ayub for immediate action against power pilferers
'A total of 15,489 cases of theft have been detected since the launch of Power Division's crackdown'
ISLAMABAD: Power Division Minister Omar Ayub...
SSGC tightens its noose on gas thieves
KARACHI:Â As per the directives of the higher management, a joint inspection-cum-raid was carried out on a factory, by the representatives of the...
Asian shares edge higher with Fed meeting in focus
Japan’s Nikkei 225 index added 0.8 percent to 21,536.85 and the Kospi in South Korea gained 0.3 percent to 2,074.51