Moody’s cuts growth forecast for India to 5.8pc

NEW DELHI: Moody’s Investors Service on Thursday cut its growth forecast for India for the fiscal year that began in April to 5.8pc...

Germany to grant €23.4m for social sector reforms in Pakistan

Germany will provide a technical grant of 23.4 million euros (Rs3.9 billion) to Pakistan in order to help the latter implement social...

US tariffs on China are working, says US Secretary of Commerce

SYDNEY: Tariffs are forcing China to pay attention to US concerns, Secretary of Commerce Wilbur Ross said in Sydney on Thursday. Ross said...

Bulls dominate as KSE-100 surges 503 points

KARACHI: Bulls dominated the Pakistan Stock Exchange (PSX) on Thursday, as the indices drove north for almost the entire session, helping the KSE-100...

EU removes UAE, Switzerland from tax haven lists

LUXEMBOURG: European Union finance ministers agreed to remove the United Arab Emirates (UAE) and Switzerland from the bloc’s lists of countries deemed to...

India pursues China-led trade deal despite domestic opposition

NEW DELHI: India is pressing ahead with talks to join a China-led free trade pact, officials said on Thursday, despite the fears of...

BBDO Pakistan ranked among top five agencies in Asia

In a first, the services of BBDO Pakistan have been recognised at the Cannes Lions Global Creativity Index. Ranked among the top...

Pakistan, China finalise $8.2bn ML-I project: minister

ISLAMABAD: Railways Minister Sheikh Rasheed Ahmed said on Wednesday that Pakistan and China have finalised the Main Line (ML-I) project – a...

‘Five-year comprehensive textile policy to be announced by year-end’

LAHORE: Task Force on Textile Chairman Ahsan Bashir said on Wednesday that a comprehensive textile policy to increase the country's exports to $26...

Traders announce countrywide strikes on Oct 28, 29

ISLAMABAD: As the government is reluctant to backtrack from its commitment to implement the CNIC condition, the traders' representatives on Wednesday announced...

Govt urged to resolve oil transportation issues

The All Pakistan Oil Tanker Owners Association (APOTOA) representatives called on Energy Minister Omar Ayub Khan on Wednesday to apprise him about their...

PTCL’s failure to deliver Smart TV set-top boxes irks customers

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) had heavily advertised its Smart TV service towards the end of the last month (September). This was a...

Japan committed to developing Pakistan’s agro-industry: envoy

ISLAMABAD: Pakistan and Japan are looking to increase bilateral cooperation in the agricultural-based industry and value addition, as the latter has already announced...

KSE-100 ends flat amid volatility

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday, as bulls and bears locked horns, particularly in the...

SBP governor says economic reforms ‘painful but necessary’

KARACHI: The reforms undertaken by the government to address the macroeconomic challenges faced by the economy are now beginning to bear fruit and...