Pakistan’s crude oil production increases 12.8pc, imports fall 15.38pc

ISLAMABAD: The country's domestic production of crude oil increased by around 12.8pc during the first nine months (July-March) of the fiscal year 2018-19. According...

PSX ends in green amid range-bound trading

KARACHI: The Pakistan Stock Exchange witnessed a slow start to the trading week, as the indices remained range-bound while volumes remained thin. Foreign...

Pak Suzuki revises car prices, again

Following the recent trend of revising the prices of cars by auto assemblers, Pak Suzuki has also increased the rates of its...

No increase in power tariff for consumers using up to 300 units: minister

ISLAMABAD: Power Division Minister Omar Ayub Khan said on Saturday that there would be no increase in tariff for the domestic electricity consumers...

NAB initiates inquiry against Sahiwal, Port Qasim power plants

ISLAMABAD: Alarmed by the high tariff granted to Sahiwal and Port Qasim coal-fired power plants, the National Accountability Bureau has initiated an inquiry...

Halfway through 2019, tech leads on Wall Street

SAN FRANCISCO: Technology stocks are Wall Street’s top performers as 2019 hits half-way, with investors betting on lower interest rates, although Apple and...

Russia, Saudi Arabia agree to extend OPEC deal

OSAKA: Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil production, Russian...

China and US agree to restart trade talks

Trump says while he would not lift existing import tariffs, he would refrain from slapping new levies on an additional $300bn...

US-China trade talks: where they are and what’s at stake

US President Donald Trump and Chinese President Xi Jinping are due to meet on Saturday at the Group of 20 (G20) summit...

Fish exports drop 4.11pc to $406m

ISLAMABAD: The exports of fish and its preparations decreased by 4.11pc during the first 11 months of the fiscal year 2018-19 as compared...

Apple moves Mac Pro production to China from US

Apple Inc is shifting manufacturing of its new Mac Pro desktop computer to China from the United States, the Wall Street Journal...

OGRA recommends Rs0.77 per litre decrease in petrol price

The Oil and Gas Regulatory Authority (OGRA) on Friday recommended a decrease in the prices of petroleum products and forwarded a summary...

PTA expects people to pay 1,000pc duty on imported phones

ISLAMABAD: The Pakistan Telecommunication Authority's (PTA) website must be malfunctioning. Because if it is not then the policymakers on top have actually thought...

Budget 2019-20 will prove disastrous for middle-income groups: moot

Former BOI chief Haroon Sharif says budget is a clear reflection of Pakistan's policy priorities, devoid of a medium or long-term...

Gold imports drop 38.5pc in 11 months

ISLAMABAD: The import of gold into the country dipped by 38.56pc during the first eleven months of the current fiscal year (2018-19) as...