Engro suggests radical reforms to make fertiliser subsidy equitable
LAHORE: Engro Fertilizers has urged the government to focus on creating a smart, pointed subsidy system for fertilisers that would benefit agriculturists...
Stocks extend rally, KSE-100 ends 247 points higher
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a positive trading session on Wednesday, as indices remained in the green zone...
Moody’s finds telco regulations in Pakistan politicised, unpredictable
The Investor Service of Moody's Corporation – a financial services company – in its latest report about telcos said that regulations in...
Huawei launches foldable phone in China
SHENZHEN: Huawei Technologies Co Ltd started taking orders on Wednesday in China for its eagerly awaited foldable smartphone, as it ramps up...
EU urges Pakistan to produce competitive products
Ambassador of the European Union to Pakistan Androulla Kaminara has said that the EU and Pakistan could launch joint ventures in various...
Govt mulls reducing sales tax from 17pc to 12pc, Senate body told
ISLAMABAD: A Federal Board of Revenue (FBR) official on Tuesday informed the Senate's Standing Committee on Commerce and Industry that the government...
China will keep door open to foreign investment despite trade tensions
BEIJING: China will take steps to safeguard its interests, but won’t close its door to foreign investment and the global industry despite trade...
Shell Pakistan posts Rs570m profit for Q3 2019
The Board of Directors of Shell Pakistan Limited announced the third-quarter results of the company on Tuesday.
The company posted a profit after...
Some 300,000 employees of Indian state-led banks strike against mergers
MUMBAI: Nearly 300,000 employees of Indian state-run banks went on strike on Tuesday against government plans to consolidate the sector through mergers...
Oil prices rise on prospects for US-China trade deal
LONDON:Â Oil prices rose on Tuesday after China signalled progress in trade talks with the United States, but gains were capped by bearish...
Uber turns to India, Africa and Middle East as losses mount
NEW DELHI:Â The head of Uber said Tuesday that the global ride services firm was counting on India, Africa and the Middle East...
Govt likely to jack up power tariff by Rs2.97 per unit
ISLAMABAD:Â The Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to jack up electricity price by Rs2.97...
KSE-100 gains 114 points amid range-bound trading
KARACHI:Â It was a slow day at the Pakistan Stock Exchange (PSX) where indices traded within a narrow range throughout the session amid...
Weekly inflation up 2.36pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ending October 17, 2019, increased by 2.36pc as compared to the...
Govt’s efforts to ensure long-term benefits for businesses: MOF
ISLAMABAD: The Ministry of Finance has said that the government’s macroeconomic adjustment and demand management policies for stabilization have started making an...