US sets China trade deal terms, sources say, but Beijing mum
WASHINGTON/BEIJING:Â Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others...
Germany to provide €12.5m for GB uplift projects
Pakistan and Germany have signed the financing agreement for Hydropower and Renewable Energy Phase-II worth Rs2.14 billion.
Economic Affairs Secretary Dr Syed Pervaiz...
Artists urge IPO to follow NAB’s footsteps to curb piracy
ISLAMABAD:Â The country's film industry has urged the Intellectual Property Organization (IPO)-Pakistan to follow the National Accountability Bureau (NAB) in its drive against...
Pakistan, World Bank sign $406.6m loan agreement for KPEC
'Khyber Pass Economic Corridor Project aims to construct a 48km-long, dual carriageway, access-controlled motorway from Peshawar to Torkham'
KSE-100 gains 402 points as bourse turns bullish
KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Friday, as the indices remained positive throughout the session, helping the...
SBP reserves rise $120m to $9.23bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 1.32pc on a weekly basis, according to data released...
India’s November retail inflation jumps to 40-month high
NEW DELHI: India's retail price inflation in November jumped to a 40-month high on higher food prices, reducing the likelihood of the...
Saudi Aramco hits Crown Prince’s $2tr goal
Aramco's IPO is the centrepiece of Saudi crown prince's vision for diversifying the kingdom away from its oil dependence
Trade deficit contracts 33pc to 9.7bn
Pakistan's trade deficit contracted 33pc to $9.7 billion in first five months of the current fiscal year (FY20) on the back of...
SECP issues ‘Regulatory Sandbox Guidelines’ to facilitate startups
ISLAMABAD:Â In order to promote innovation in the financial sector and to encourage startups, the Securities and Exchange Commission of Pakistan (SECP) has...
ECC approves Rs459.5m technical grant to combat locusts
ISLAMABAD: As the desert locusts have become a threat to the country's agricultural sector, the Economic Coordination Committee (ECC) on Thursday approved...
FBR officers deployed at sugar mills to curb tax evasion
ISLAMABAD: The Federal Board of Revenue (FBR) has deployed its officers at 20 sugar mills to monitor the commodity's production, sales and...
KSE-100 falls flat after range-bound session
KARACHI: Continuing with the trend from the previous session, the Pakistan Stock Exchange (PSX) ended a range-bound session flat on Thursday.
Foreign investors...
JS Global submits PAI to acquire up to 45.03pc shares of Next Capital
JS Global Capital Limited, on behalf of its clients or acquirers, has submitted a Public Announcement of Intention (PAI) to acquire up...
Tenfold rise in onion prices leaves Indians teary-eyed
MUMBAI: As onion prices in India have soared tenfold this year, Mukesh Thoke, a restaurant owner on the outskirts of Mumbai, faces...