Pakistan’s Airlift secures $12m in Series A financing
Airlift, a Pakistan-based decentralised mass transit system, has secured $12 million in Series A financing. The round was led by First Round...
‘SBP committed to streamlining its legal framework’
State Bank of Pakistan (SBP) Governor Dr Reza Baqir has said that the central bank would further strengthen its legal framework to...
Pak-China JWG stresses crop productivity, technology transfer
ISLAMABAD: The first meeting of the Pak-China Joint Working Group (JWG) on Agriculture has agreed to focus on the vertical increase in...
NRTC issued licence to manage tobacco tracking system
ISLAMABAD: Federal Board of Revenue (FBR) has granted a licence to National Radio Telecommunication Corporation (NRTC) at price of Rs731 per 1,000...
CPEC committee to take up ML-1 financing issue with China
ISLAMABAD: The Cabinet Committee on China-Pakistan Economic Corridor (CPEC) has decided to take up the financing issue of Main Line-I project with...
Softening demand drags Indian factory growth to two-year low in Oct
BENGALURU:Â India's factory activity growth hit a two-year low in October as new orders and output rose at a slower pace, dragging business...
Oil rises on hopes for US-China trade deal
LONDON: Oil prices rose on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic figures in both countries, including...
World Bank approves $1.9bn for Sindh projects
The World Bank has agreed to provide financial assistance of $1.93 billion to the Sindh government for various new projects, including the...
Footwear exports surge 26pc in 1QFY20
ISLAMABAD: Footwear exports from the country witnessed an increase of 26.3pc during the first quarter of the current financial year (1QFY20), as...
WTO panel rules India export subsidies illegal, upholds US case
GENEVA: A World Trade Organization (WTO) panel has ruled that Indian export subsidies are prohibited and should be removed, upholding a complaint...
PSX turns blind eye to political unrest; index up 173 points
KARACHI:Â Stocks continued to rally for the second consecutive session as the indices marched north throughout Friday, turning a blind eye to the...
‘Centre, provinces working closely on fiscal, taxation issues’
Dr Hafeez Shaikh says continuous dialogue between centre and provinces has resulted in better budget and expenditure management
IMF mission chief...
‘Phase one trade deal with China is in good shape’
WASHINGTON: The initial "phase one" trade pact with China appears to be in good shape and is likely to be signed around...
Govt borrows $2.07bn in loans, grants during 1QFY20
ISLAMABAD:Â The Pakistan Tehreek Insaf (PTI) government has taken Rs2.075 billion loan/grant during the first quarter of the current fiscal year (FY20).
As per...
PM apprised of measures to control interest, inflation rates
State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Thursday apprised the prime minister on the financial strategies to control interest...