China agrees to tackle India’s trade deficit
MAMALLAPURAM: Chinese President Xi Jinping and Indian Prime Minister Narendra Modi agreed at a summit on Saturday to set up a high-level...
Baqir seeks to enhance women’s role in financial services
State Bank of Pakistan (SBP) Governor Dr Reza Baqir has stressed the need for commercial banks to simplify the banking system for...
Car sales decline 39pc in Sept
Car sales in Pakistan registered a decline of 39pc in Sept 2019, compared with the same month of last year.
This is primarily...
Oil rises 2pc after reports of Iranian tanker attack
NEW YORK:Â Oil prices rose about 2pc on Friday after Iranian media said a state-owned oil tanker had been attacked in the Red...
India’s industrial output shrinks at fastest rate in more than six years
NEW DELHI: India’s industrial output shrank at its fastest rate in more than six years in August, reflecting the impact of an economic...
Trade deficit shrinks 35pc to $5.72bnÂ
ISLAMABAD: With a slight increase in exports and a significant decrease in imports, the overall trade deficit in the first quarter of...
US-China talks resume as hopes for mini-deal rise
WASHINGTON:Â Chinese and US trade officials resumed bargaining efforts on Friday as optimism grew for the two sides to reach an interim agreement...
‘Dubai Land Department to provide details of Pakistani property owners’
Federal Board of Revenue Chairman Syed Shabbar Zaidi said on Friday that the tax authority has held a very productive meeting over...
Stocks extends rally, KSE-100 closes 447 points higher
KARACHI:Â Bulls controlled the Pakistan Stock Exchange (PSX) once again on Friday, as the indices remained in the green zone throughout the session...
Renault ousts CEO in post Ghosn-era reset
PARIS:Â Renault's board voted on Friday to oust chief executive Thierry Bollore, as the French carmaker and Japanese partner Nissan seek a fresh...
US, China resume high-level talks to end grueling trade war
WASHINGTON:Â Top US and Chinese negotiators met on Thursday for the first time since late July to try to find a way out...
‘Efforts underway to automate banking sector’
The State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Thursday said that the administration is striving hard to automate the...
Steps being taken to curtail smuggling from Afghanistan, Senate panel told
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday admitted that a large number of LED TVs were still being smuggled into...
SBP reserves increase $16m to stand at $7.75bn
The foreign exchange reserves held by the central bank inched up by 0.21pc on a weekly basis, according to data released by...
PSM losses increase by Rs48bn in last 13 months
ISLAMABAD: Despite a request from the Pakistan Steel Mills (PSM) board of directors, the government has so far failed to appoint a...