Govt jacks up power price by Rs1.83 per unit
The National Electric Power Regulatory Authority (NEPRA) on Thursday notified Rs1.83 per unit increase in electricity tariff under monthly fuel price adjustment...
PIA adds new aircraft to its fleet
KARACHI: Pakistan International Airlines (PIA) has added a new aircraft – Airbus A320 – to its fleet, the national flag carrier confirmed on...
Stocks bleed as KSE-100 plummets 936 points
KARACHI:Â The Pakistan Stock Exchange (PSX) took a pounding on Thursday, with the benchmark KSE-100 Index dropping by over 1,000 points intraday.
Foreign investors,...
PSX outperforms world stock markets in three months
ISLAMABAD:Â Pakistan stocks have outperformed the world's leading stock markets during the last three months due to the government's steps to stabilise economy,...
NA body recommends wheat support price at Rs1,400
ISLAMABAD:Â The Sub-Committee of the National Assembly Special Committee on Agricultural Products, after detailed deliberations, unanimously urged the government to set the minimum...
Govt to review development shares for Karachi, Hyderabad
ISLAMABAD: In an apparent attempt to pacify its key coalition partner in the federal government – Muttahida Qaumi Movement-Pakistan (MQM-P), the Pakistan...
‘Govt will try its best to keep GSP-Plus facility intact’
--Dawood terms human and labour rights' issues as hurdles in way of GSP+ status
--EU envoy says over 3m people are still living...
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...