KSE-100 surges 836 points amid upbeat economic outlook
KARACHI:Â The Pakistan Stock Exchange (PSX) opened the week with a boom as the indices rallied amid improved economic indicators. Foreign investors offloaded...
Govt announces slight reduction in petroleum prices
The government on Saturday night decreased the prices of petroleum products for the month of December.
The decision was made keeping in view...
FBR fails to meet revenue target as deficit reaches Rs214bn
Shabbar Zaidi says revenue collection in 5MFY20 is 17pc higher compared to last year
Cutlery exports increase 9pc in 4MFY20
ISLAMABAD: Cutlery exports from the country witnessed an increase of 9.32pc during the first four months of the current financial year (FY20),...
International stocks to outperform US in 2020: investors
NEW YORK: Even though the US stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly...
FBR to tighten noose around sugar manufacturers
Revenue board deputes officers to investigate tax evasion in sugar sector
China’s factory activity unexpectedly returns to growth in Nov
BEIJING: Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked...
Samsung, LUMS join hands to accelerate social startups in Pakistan
LAHORE:Â Samsung Electronics Pakistan and Lahore University of Management Sciences (LUMS) have joined hands to support and empower social startups contributing towards the...
US weighs new regulations to further restrict Huawei suppliers
WASHINGTON: The US government may expand its power to stop more foreign shipments of products with US technology to China’s Huawei, amid frustration...
PTA terms American watchdog’s report on Pakistan as ‘biased’
ISLAMABAD: Pakistan Telecommunication Authority has released a detailed response to Michael J Abramowitz, President of the Freedom House – an NPO watchdog organization...
Korean investors eager to explore Pakistani market: envoy
South Korean Ambassador to Pakistan Kwak Sung Kyu said on Friday that the investment companies of his country were eager to invest...
FBR chief urges traders to help curtail smuggling
RAWALPINDI: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has sought traders’ help and cooperation in addressing the menace of smuggling.
The...
Pakistan receives $2.3bn in foreign loans in 4MFY20
ISLAMABAD: Pakistan received $2.3 billion loan from foreign donors in the first four months (July-Oct) of the current fiscal year (FY20).
As per...
Mukesh Ambani gears up to buy Air India
The BJP government is all set for a second attempt to sell India's national carrier Air India and Mukesh Ambani-led Reliance Industries...
Saudi Aramco IPO gets $44.3bn in bids so far
RIYADH: Saudi Aramco has received bids for its shares totalling $44.3 billion so far, lead manager Samba Capital said on Friday, putting...