Six OMCs issued show cause notices for not maintaining fuel stocks
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday issued show cause notices to six oil marketing companies (OMCs) for not...
Stocks fall flat amid lacklustre trade
KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Wednesday, with the benchmark KSE-100 Index retreating all gains accumulated...
Cabinet approves policy for local manufacturing of mobile phones
ISLAMABAD: Following approval from the Economic Coordination Committee (ECC), the federal cabinet on Tuesday gave a go-ahead to the first-ever Mobile Device...
Pakistan urged to enforce strict taxation for tobacco control
LAHORE: As the world is commemorating 'No Tobacco Week', anti-tobacco campaigners in Pakistan have urged the government to formulate effective measures like...
Pakistan’s mango exports take huge hit amid Covid-19 restrictions
Suspension of int'l flights, closure of borders, rising freight fares, and contracting demands are likely to pull the country’s mango exports down by 40pc this year
Oil prices rise ahead of OPEC+ meeting on output cuts
LONDON: Oil prices rose on Tuesday to near three-month highs on expectations that major producers will agree to extend output cuts during...
FBR likely to reinstate tier-III system on tobacco sector
ISLAMABAD: Apart from increasing federal excise duty (FED) on tobacco products, the Federal Board of Revenue (PSX) is also considering reinstating the...
Stocks rally 386 points amid improved sentiments
KARACHI: After yesterday's lacklustre performance, indices of the Pakistan Stock Exchange (PSX) witnessed bullish movements on Tuesday, with the benchmark KSE-100 Index...
Climate change in KP leads to 30pc drop in wheat production
PESHAWAR: Climate change in Khyber Pakhtunkhwa has led to a 30 per cent drop in wheat production, creating fears of food shortage...
Oil drops as US-China tension escalates
NEW YORK: Oil futures edged lower on Monday as rising US-China tensions weighed on market sentiment, but reports that OPEC and Russia...
B2B marketplace Bazaar announces raising $1.3 million in pre-seed funding
B2B ecommerce marketplace Bazaar has raised an unprecedented $1.3 million in a pre-seed round from US and Pakistan-based institutional and angel investors,...
Stocks gain 90 points in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a dull start to the trading week, with the benchmark KSE-100 Index managing to close...
12,464MW electricity to be added to national grid through IPPs’ projects
ISLAMABAD: As many as 12,464 megawatts of electricity would be added to the national grid through 25 projects of Independent Power Producers...
Facebook finalises Authorized Sales Partner for Pakistan
Dial Zero has been selected to offer support across advertising, content and payments, including exclusive training opportunities for marketers and decision-makers at media companies and agencies
Business community lauds reduction in POL prices
ICCI president says govt must also slash taxes on POL products to pass on the 'real benefit' of global price reduction to consumers