Govt set to take sugar cartels by the horns

–Firdous says CCP will be reformed to counter cartelisation in sugar industry, artificial food crisis –Says govt mulling sugar export after ‘bumper sugarcane...

PM constitutes committee as telcos demand tax cuts

ISLAMABAD: Prime Minister Imran Khan has constituted a high-level committee to facilitate the telecommunication sector, which wants a reduction in taxes to...

Gold price surges to Rs103,800 per tola

ISLAMABAD: The price of a tola of 24-karat gold rose by Rs2,500 on Tuesday to Rs103,800, as per the Karachi Sarafa Association....

MoF releases Rs10bn for Utility Stores Corporation

ISLAMABAD: The Ministry of Finance has released Rs10 billion for Utility Stores Corporation (USC) as part of the government scheme to protect...

Is there a silver lining to Pakistan’s external account situation?

International trade has come to a standstill owing to the outbreak of coronavirus and the subsequent lockdown measures taken worldwide to tackle...

Bullish trend prevails as KSE-100 recovers 652 points

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) managed to recover some losses accumulated in the last session, with the benchmark KSE-100...
Oil refineries

G20 energy ministers to hold video conference on Friday

Energy ministers from the Group of 20 major economies will convene an extraordinary meeting by video conference on Friday “to ensure energy...

JDW shares nosedive after damning inquiry report

The share price of Jahangir Tareen’s JDW Sugar Mills Limited fell Rs21.05 on Monday after the prime minister’s inquiry committee, which was...

SBP extends refinance facility for hospitals, creates helpline

KARACHI: The State Bank of Pakistan has introduced further relaxations in the ‘Refinance Facility to Combat COVID-19’ hospital scheme, and started a...

Vegetable exports surge 71pc to $236m

ISLAMABAD: Vegetable exports from the country during the first eight months of current financial year witnessed an increase of about 71.8pc as...

Fertiliser demand likely to drop by 10pc in 2020

Inventory levels expected to further rise to 750,000 tonnes this month

Services trade deficit narrows 10pc in eight months

ISLAMABAD: The country's services trade deficit witnessed a reduction of 10.16pc during the first eight months (July-Feb) of the current financial year...

Meltdown on PSX; index plunges over 1,000 points

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile start to the week, as the benchmark KSE-100 Index failed to sustain gains...

Asian markets lifted by hopes on virus but oil in retreat

Asian markets rose Monday as some of the world's worst-hit countries reported falling death rates, providing some much-needed hope in the battle...

Tareen says JDW exported less sugar than market share

Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Khan Tareen on Saturday reacted to the inquiry report regarding the sugar crisis and said that his...