Pakistan’s first 660cc ‘Alto’ all set to disrupt local automobile market
'The fuel-efficiency vehicle comes as a relief for car users amidst high inflation and deteriorating economy'ISLAMABAD: Suzuki's Alto is set to disrupt the local...
Saudi energy minister hopes to balance oil market before 2020
Saudi Arabia is working to balance global oil markets this year, the country’s energy minister said on Saturday when asked if there's an impending...
Good governance, rational taxation imperative to attract investments: moot
ISLAMABAD: Highlighting some silver linings in the recently presented budget, eminent economist and former finance secretary Dr Waqar Masood Khan stated that the budget, if...
India set to raise tariffs on some US goods: reports
NEW DELHI: India has decided to raise tariffs on imports of 29 goods from the US after having deferred the move several times since announcing...
NEPRA increases power tariff by Rs1.49 per unit
The National Electric Power Regulatory Authority (NEPRA) has increased the power tariff by Rs1.49 per unit for consumers, a private media outlet reported.Power distribution...
SECP holds roundtable to revamp bancassurance regulatory framework
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) held a roundtable to seek stakeholders’ suggestions and recommendations to revamp the 2015 bancassurance regulatory framework...
ADB to conduct feasibilities for installation of smart metres in KP, Sindh
ISLAMABAD: Asian Development Bank (ADB) will conduct feasibilities in the Peshawar, Hyderabad and Sukkur electric supply companies for installation of smart (AMI) metres and ABC...
Rising oil prices add to global economic strife
LONDON: Escalating tension in the Middle East is driving up oil prices, a huge import cost for many economies, putting more strain on global growth...
Overseas Pakistanis remit $20.19bn in 11 months
KARACHI: Overseas Pakistani workers remitted $20.19 billion in the first eleven months (July to May) of FY19, showing a growth of 10.42pc compared with $18.28...
PSX lands in green after volatile session
KARACHI: The Pakistan Stock Exchange (PSX) witnessed mixed reactions from investors on Friday, as the indices that remained choppy in the first half turned their...
Remedial work underway to ensure long-lasting stability: Hafeez Shaikh
'We import virtually everything and we still think the exchange will be kept at a certain level'
'Govt will not take any loans...
Huawei delays global launch of foldable phone by three months
HONG KONG: Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that...
WB approves $518m to help Pakistan raise revenue, reduce compliance cost
The World Bank on Friday approved a package of $518 million for two projects in support of Pakistan’s ambitious efforts to raise revenue and...
Rupee tumbles down to 157 against the dollar, record interbank high
The Pakistani Rupee depreciated to Rs153.75/Rs154 during the early trading hours in the interbank market here on Friday
Budget allocations for agriculture sector increased by 1,200pc: minister
'Govt will launch 13 projects at a cost of Rs296bn to promote agriculture and livestock sectors'ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has increased budget...
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PM Imran says no to dollar at SCO
PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank
Says Organisation needs to advance goals of peaceful...
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Saudi seeks oil supply protection as US and Iran face off
DUBAI: Saudi Arabia called for swift action to secure Gulf energy supplies, after the United States blamed Iran for attacks on two oil tankers...
