Bourse turns bearish, sheds 526 points
KARACHI:Â It was a tough day for the investors who saw the indices crumble at the Pakistan Stock Exchange (PSX) after two positive...
All federal govt departments to be automated by June 2020, NA body told
ISLAMABAD:Â National Information Technology Board (NITB) Director-General Faisal Iqbal Ratyal on Wednesday briefed the National Assembly's Standing Committee on Information Technology and Telecommunication...
Int’l ride-hailing app ‘Grab’ is launching in Pakistan. Well, not quite
Singapore-based ride-hailing giant Grab announced it will offer its services in Pakistan from the first quarter of 2020, via the existing ride-sharing...
Oil slips below $62 as trade talks drag on
LONDON: Oil fell for a second day on Tuesday, dropping below $62 a barrel on limited progress toward resolving the US-China trade...
Exports surge 9.6pc in Oct, PM’s aide says
Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Tuesday the country's exports registered a 9.6 per...
SBP governor lauds banks for ‘record financing to agri sector’
KARACHI:Â State Bank of Pakistan Governor Dr Reza Baqir has appreciated the banks for increasing the credit to the agriculture sector, which reached...
Pakistan wants China to finance ML-1 project in RMB
ISLAMABAD: Pakistan has proposed China to consider the financing of Main Line-I (ML-I), a rail project worth over $9 billion, in Renminbi...
Local industry irked as tyre smuggling continues unabated
ISLAMABAD:Â The local tyre industry has expressed concern over a slowdown in the government's crackdown against the menace of smuggling.
The industry insiders have...
Traders willing to help govt reduce prices of edible items
ISLAMABAD:Â The All Pakistan Anjuman-e-Tajran (APAT) on Tuesday linked the recent hike in the price of edible items with the increase in the...
Danish envoy pledges support to renewable energy projects in Pakistan
Ambassador of Denmark to Pakistan Rolf Holmboe called on Special Assistant to Prime Minister on Petroleum Nadeem Babar on Tuesday to discuss...
Cabinet approves first-ever National Tariff Policy
--PM says economic policy paradigm is now being realigned to leverage tariffs for industrial development
--NTP will be implemented through a Tariff Policy...
KSE-100 rises 152 points in volatile session
KARACHI:Â The Pakistan Stock Exchanged witnessed a positive start to the trading session on Tuesday, thanks to inertia from the previous session. However,...
PM hails narrowing of current account deficit
ISLAMABAD:Â Prime Minister Imran Khan on Tuesday expressed satisfaction that Pakistan's economy was finally heading towards the "right direction" as economic reforms have...
SECP warns public against investing in companies offering ‘unreal’ profits
The Security and Exchange Commission of Pakistan has issued a warning to the general public regarding investing in fake investment companies and...
Huawei plays down impact of new US licence extension
WASHINGTON: Huawei Technologies has dismissed a new 90-day extension by the Trump administration allowing US firms to continue doing business with the...