Poor planning, flour mills’ malpractices caused wheat crisis, inquiry reveals

–Report holds food security secretary responsible for failures, PASSCO’s former MD for missing wheat procurement target –Recommends formulating mechanism to monitor export of...

Imran delivers on promise, goes after sugar barons

–PM forms body to probe sugar price hike, conduct mills’ audit after report points to top PTI members’ involvement –Commission says Sugar Advisory...

Punjab govt exempts several industries from lockdown

LAHORE: In yet another move to provide financial relief to the masses, the Punjab government has exempted several industries from the lockdown amid...

Traders fear colossal losses amid closure of Pak-Afghan borders

‘A large number of freight vehicles that were earlier issued gate passes are not being allowed to cross Torkham border’

Virus lockdowns leave poultry industry on the verge of collapse

'Due to the closure of marriage halls and restaurants, poultry industry is incurring a daily loss of around Rs1bn'

KP businessmen lament ‘undue delay’ in payment of refunds

PESHAWAR: The business community of Khyber Pakhtunkhwa has expressed grave concern over undue delay in the payment of outstanding refunds under the...

Steel sector ignored in PM’s ‘special package’ for construction industry

ISLAMABAD: While announcing a “special package” for the construction industry on Friday, Prime Minister Imran Khan completely ignored the steel sector, which...

ICT allows mobile banking merchants to operate for another five days

ISLAMABAD: In a bid to facilitate the general public, particularly those who remit money to their native areas after receiving salaries, the...

PM’s support package for construction industry receives mixed response

LAHORE: The relief package announced by Prime Minister Imran Khan for the construction sector has received a mixed response from industrialists and...
World stocks

World stocks edge lower on economic toll from virus; oil rallies

NEW YORK: Global stock markets sank Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth,...

Punjab textile millers seek exemption from lockdown

LAHORE: The All Pakistan Textile Mills Association (APTMA)-Punjab on Friday urged the provincial government to exempt textile mills from the ongoing lockdown,...

Airlift services to remain suspended till 30th

LAHORE: Bus sharing service Airlift has said that its services will continue to remain suspended till April 30, 2020. The announcement was made...

Chemical manufacturers urge govt to facilitate clearance of goods

LAHORE: Pakistan Chemical Manufacturers Association (PCMA) Chairman Abrar Ahmad has urged Prime Minister Imran Khan and Adviser to PM on Commerce Abdul...

Tech companies lay off employees, decrease salaries as uncertainty looms

LAHORE: Prominent software houses and tech companies have decreased the size of their workforce as well as reduced the salaries of their...

KSE-100 extends rally, registers highest-ever weekly gain

KARACHI: The stock market extended its rally on Friday, with the benchmark KSE-100 settling higher by 839.12 points at 31,621.79 points. Among other...