Tobacco, cement, cotton production increases from last year

ISLAMABAD: Cement production in the country, witnessed a growth of 12.13 per cent during the first seven months of the current fiscal year, as...

Pakistan not ready to reap full benefits of CPEC

LAHORE: The commander of Lahore corps Lieutenant General Aamer Riaz, stressed the need to remodel institutions in order to get the maximum benefits...

Petrol, diesel prices slashed by Rs2 for April 2018

ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...

Market unshaken despite external woes, gains 13pc QoQ

LAHORE: Despite depleting foreign exchange reserves, Pakistan equities continued its positive trajectory for third consecutive week, gaining 530 points (+1.2 per cent)...

KCCI urges lawmakers to ensure uninterrupted electricity to industrial zones

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Muffasar Atta Malik, while expressing deep concerns over the current spell of unannounced load...

Pakistan’s air traffic growth far below IATA’s projection

KARACHI: Far from near double-digit growth projection by International Air Transport Association (IATA), Pakistan’s domestic air traffic increased by 3 per cent...

Karachi looks towards infrastructure projects to boost economic growth

KARACHI: With security threats on the wane, Pakistan is turning its attention to accelerating economic growth by unsnarling traffic in its big...

Supreme court halts Sindh Bank-Summit bank merger citing irregularities

KARACHI: The Supreme Court of Pakistan on Saturday stopped the merger of Sindh Bank and Summit Bank till further orders and issued notices...

China’s manufacturing sector posts stronger than expected growth in March

BEIJING: Growth in China’s manufacturing sector picked up more than expected in March as authorities lifted winter pollution restrictions and steel mills...

US crude production rose by 6,000 barrels per day in January: EIA

WASHINGTON: U.S. crude production rose by 6,000 barrels per day (bpd) in January to 9.964 million barrels per day, the Energy Information...

Govt looks towards long-term agreements for LNG supplies

ISLAMABAD: To reduce its dependence on spot purchases of Liquefied Natural Gas (LNG), the government is mulling to sign long-term sale and...

Food ministry handed over control of cotton body

ISLAMABAD: The Cabinet Division has given approval for transferring control of Pakistan Central Cotton Committee (PCCC) to the Ministry of National Food...

Upcoming Punjab budget to be agriculture friendly

LAHORE: Punjab’s finance minister Dr. Ayesha Ghaus Pasha on Friday told journalists that its forthcoming budget for financial year 2018-19, would raise...

Govt gives security clearance to K-Electric deal

ISLAMABAD: A major hurdle in the way of K-Electric’s sale to Shanghai Electric Power has been removed as the government on Friday...

Government striving to enhance exports : Secretary Commerce

LAHORE: Federal Secretary of Commerce Younus Dagha has said that high cost of doing business, issues of market access and exchange rate...