Harassment on account of revenue collection must stop: RCCI

RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) President Saboor Malik on Monday urged the government must realise the ground realities of common...

PSX prescribes standard range of brokerage commission

The Pakistan Stock Exchange (PSX) recently issued a notification regarding the implementation of a standard range/scale of brokerage commission with effect from...

Huawei says open to ‘no backdoor’ agreement with India

NEW DELHI: China’s Huawei Technologies is ready to enter into a “no backdoor” agreement with India to allay security concerns, the telecom group’s...

FATF ‘satisfied’ with Pakistan over action plan compliance

The Financial Action Task Force (FATF) on Monday expressed satisfaction over steps taken by Pakistan in line with its action plan to...

Oil falls due to caution over first phase of US-China trade deal

NEW YORK: Oil prices fell nearly 3pc on Monday as a lack of details about the first phase of a trade deal between...

Govt urged to rationalise taxes on real estate sector

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Ahmed Waheed on Monday urged the government to take appropriate measures that could...

French energy giant Total to buy 37pc stake in India’s Adani Gas

BENGALURU/NEW DELHI: French energy giant Total SA said on Monday it will buy a 37.4pc stake in Indian gas distribution company Adani Gas,...

KSE-100 fails to sustain gains, loses 289 points

KARACHI: The Pakistan Stock Exchange (PSX), which opened positively on Monday, failed to sustain its gains in the second half and closed the...

Aramco to announce IPO ‘very soon’: chairman

RIYADH: Saudi Arabia's energy giant Aramco will announce its long-awaited stock market debut "very, very soon," its chairman said on Monday. Aramco has...

Global risk ‘confluence,’ as tariffs, Brexit, weaker forecasts collide

WASHINGTON: Higher tariffs. Slower growth. The countdown to Brexit. Halloween is still two weeks off but a witching hour for the global economy could...

Tile manufacturers demand level playing field as govt facilitates foreign investors

ISLAMABAD: As new Chinese companies are making investments in Pakistan's tiles and ceramics sector, the local industry has voiced its concerns over...

No deadlock between traders and FBR: Shabbar Zaidi

There is no deadlock between the traders and the Federal Board of Revenue (FBR) over the fixed tax issue, said FBR Chairman...

China, Pakistan agree to expedite work on CPEC’s western route

Pakistan and China have decided to expedite development work on the western route of the China-Pakistan Economic Corridor (CPEC), a private media...

Facebook’s Libra currency abandoned by major financial companies

Facebook Inc's ambitious efforts to establish a global digital currency called Libra has suffered severe setbacks, as major payment companies including Mastercard...

Minister vows to end railways’ deficit in three years

LAHORE: Railways Minister Sheikh Rasheed Ahmad said on Saturday that the railways' deficit would be ended completely within three years instead of the...