Pakistan misses cotton bales target by 7m in 2019

LAHORE: Pakistan, once the proud home to world's best cotton, has missed its 2019 target of producing 15 million cotton bales by...

India’s slowing economy leads to record drop in car sales

NEW DELHI: Car sales in India fell by a record 19pc last year as a slowing economy made consumers reluctant to spend on...

KSE-100 gains 883 points in week, reaches 17-month high

The Pakistan Stock Exchange (PSX) witnessed an overall spike in its gains as local and foreign investors rampaged across the market to...

Transporters’ strike to end soon as talks underway: Dawood

KARACHI: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Saturday that talks were underway with the protesting goods' transporters and...

FBR finds about 10,000 people involved in tax evasion, money laundering

ISLAMABAD: The Federal Board of Revenue (FBR) has found about 10,000 people  allegedly involved in tax evasion and money laundering. The bureau is...

SECP launches one-stop-shop in Balochistan, Khyber Pakhtunkhwa

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will extend its one-stop Shop (OSS) facility for company registration to Balochistan and...

Tobacco industry caused Rs153bn loss in three years

ISLAMABAD: The country's tobacco industry caused a whopping Rs153 billion loss to the national exchequer from 2016 to 2019. This was informed by Campaign...

Oil pares losses on fresh Mideast tensions

HOUSTON: Brent crude prices steadied on Friday, paring earlier losses as Middle East tensions erupted again after the United States added new...

Center, Sindh at loggerheads over proposed gas pricing formula

ISLAMABAD: The federal government and the Sindh government are at loggerheads over the proposal to include the price of imported LNG in...

‘Pakistan’s textile exports to hit $26bn-mark in next five years’

Long-term textile policy likely to be presented for approval next week

K-Electric faces financial crisis as receivables reach Rs52.2bn

'With huge amounts pending in the form of receivables from Sindh govt, KE is facing severe constraints in running its day-to-day operations'

Anti-Russia elements active in conspiring against NSGP project

Pakistani govt terms media report regarding ban on Russian company involved in North-South Gas Pipeline Project as 'fake and fabricated'

PM inaugurates Rs510m Azakhel dry port in Nowshera

'Govt will sell and repurpose railways' land in order to pay for losses accumulated in previous regimes'

Cantonment boards approach MoF to settle revenue dispute with provinces

Finance ministry likely to take up the issue in next NFC meeting

Stocks extend gains with 683-point rally

KARACHI: Bull run continued at the Pakistan Stock Exchange (PSX) on Friday, as the indices accumulated gains all day long, helping the benchmark...