Govt urged to stop production, sale of substandard steelÂ
ISLAMABAD: Steel manufacturers of the country have expressed serious concerns on the production/presence of low quality steel in the market, which not...
Shell profits soar to four-year high
The world’s second-largest listed oil and gas company saw its cash generation from operations rise by nearly 60 percent to $12.1 billion, as deep cost savings in recent years filtered through
Miftah chairs monetary and fiscal policy coordination meeting
ISLAMABAD:Â The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Miftah Ismail Chaired the meeting of Monetary and Fiscal Policies...
Oil prices creep up on expected OPEC cuts, but U.S. supply growth caps gains
International Brent crude oil futures were at $59.65 per barrel at 0533 GMT, up 14 cents, or 0.2 percent, from their last close
Economic affairs secretary leads delegation at ADB board’s annual meeting
MANILA: The governors of the Asian Development Bank (ADB) have supported the idea of applying differentiated pricing in the bank’s regular OCR...
Pakistan’s cotton production plummeted in last 25 years
ISLAMABAD: A report prepared by a committee setup by the incumbent government has revealed the country’s cotton production has plummeted in last...
Commerce Minister for improving competitiveness of export products
ISLAMABAD: Federal Minister for Commerce Muhammad Pervaiz Malik said that for making Pakistan a stronger economy, a rapid increase in exports was...
26.5m tons of wheat expected to be produced during crop season 2017-18
Islamabad: Â About 26.5 million tons of wheat will be produced during the crop season 2017-18 to fulfill the domestic requirements of country...
‘For meaningful talks’: Govt defers power sector probe for two months
ISLAMABAD:Â The government has deferred the constitution of an inquiry commission and release of the report on the power sector for two months...
CCP to convene open hearing to discuss competition concerns in sugar sector on Jan 25
ISLAMABAD: Taking notice of the recent sugarcane procurement crisis in the country, the Competition Commission of Pakistan (CCP) will convene an open...
CCOE approves additional power supply to K-Electric
ISLAMABAD: The Cabinet Committee on Energy (CCOE), on Friday, approved proposals relating to the supply of additional power to Karachi Electric (KE)...
BOP rights share issue: Parliamentary panel drops investigation
Islamabad: The Parliamentary panel responsible for investigating into allegations of malpractice by the Bank of Punjab (BOP) in its right shares issue...
Iran’s foreign minister calls on Asad Umar, urges for better relations
LAHORE: The Foreign Minister of Iran Jawad Zarif called on the Federal Minister for Finance, Revenue and Economic Affairs Asad Umar this...
Rana Afzal for resumption of banking ties, trade with Iran
ISLAMABAD: Pakistan’s Minister of State for Finance Rana Muhammad Afzal has expressed optimism for an early resumption of banking ties between Islamabad...
Wall Street eyes more gains from Apple, its $1 trillion stock
NEW YORK: Shares in Apple Inc edged higher on Friday but stayed close to the $1 trillion valuation milestone the iPhone maker reached...