Car sales drop 56pc in October
Car sales continued its downslide; recording a decline of 56pc in Oct 2019 when compared to the same month last year.
Cumulatively, car...
KSE-100 closes flat in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) failed to carry forward its positive momentum and ended a range-bound session on Tuesday flat.
Foreign investors...
SC seeks PIA’s response over NAB report
ISLAMABAD:Â The Supreme Court on Tuesday directed the Pakistan International Airline (PIA) to submit its response on the National Accountability Bureau (NAB) report.
The...
Huawei to give staff $286m bonus for helping it ride out US curbs
SHENZHEN: Chinese telecoms giant Huawei Technologies said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to...
AEDB signs agreement for 11 wind power projects
Alternative Energy Development Board (AEDB) has signed an agreement for the construction of 11 wind power projects which would generate 550 megawatts...
FATF targets: FBR to intensify crackdown against banned outfits
ISLAMABAD:Â In order to meet the condition of Financial Action Task Force (FATF) regarding the control of terror financing, the Federal Board of...
ICCI demands new industrial estate in Islamabad
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has asked the government to earmark an area in the Islamabad Capital Territory...
‘8,000MW renewable energy to be generated by 2025’
The National Assembly was informed on Monday that the government is planning to generate 8,000 megawatts of electricity through renewable sources by...
Govt announces Rs200bn package for exporters
ISLAMABAD:Â The government has decided to announce a support package of Rs200 billion for exporters in order to enhance the country's exports, encourage...
Adidas shifts German, US smart factories to Asia
FRANKFURT: Sportswear maker Adidas announced on Monday it was closing two niche but flagship factories in Germany and the United States that...
India’s Sept industrial output falls at fastest pace in six years
NEW DELHI: India's industrial output fell at the fastest pace in over six years in September, adding to a series of weak...
OGDC sacks executive director amid NAB inquiry
ISLAMABAD:Â The Oil and Gas Development Company Limited (OGDC) has terminated the employment contract of its executive director (Human Resources) following the initiation...
PM forms committee to facilitate construction sector
ISLAMABAD: Prime Minister Imran Khan has constituted a high-level committee, to be headed by Naya Pakistan Housing Authority Chairman Lt Gen (r)...
PM’s aide says implementation of EV Policy inevitable
KARACHI:Â Adviser to Prime Minister on Climate Change Malik Amin Aslam sees no reason for the current players in the auto industry of...
Bullish trend continues as KSE-100 surges 824 points
KARACHI: Continuing with the growth momentum for the eighth consecutive session, the Pakistan Stock Exchange (PSX) ended positively once again on Monday,...