Tractor production falls 30.5pc in one year

The production of tractors in the country during the last fiscal year (FY19) dropped by 30.59pc as compared the production in the...

APG adopts Pakistan’s 3rd Mutual Evaluation Report

ISLAMABAD: The six-day 22nd annual meeting of the Asia-Pacific Group on Money Laundering is being held in Canberra, Australia. A senior-level delegation from...

Intel launches first artificial intelligence chip Springhill

JERUSALEM: Intel Corp on Tuesday launched its latest processor that will be its first using artificial intelligence (AI) and is designed for...

RCCI to hold ‘gems & jewellery exhibition’ on 23rd

RAWALPINDI: Rawalpindi Chamber of Commerce and Industry President Malik Shahid Saleem said on Tuesday that the chamber would organise a three-day 'gems...

FBR envisions expanding sales tax net to 400,000 people in three years

ISLAMABAD: The Federal Board of Revenue (FBR) has set a target to increase sales tax base up to 400,000 people in the next...

Climate change could rain on Saudi Aramco’s IPO parade

LONDON: The state energy giant’s vast oil reserves – it can sustain current production levels for the next 50 years – make...

Process to revive PSM on public-private partnership commences

ISLAMABAD: In order to revive Pakistan Steel Mills (PSM) through public-private partnership and make it a profitable organisation, the government has formally...

Is Bitcoin creator a Pakistani?

A British-Pakistani entrepreneur named Bilal Khalid, now known as James Caan, has recently claimed that he was in fact Satoshi Nakamoto, the...

Huawei dismisses new suspension of ‘unjust’ US ban

BEIJING: Huawei on Tuesday dismissed Washington's three-month delay to a ban on US firms selling to the Chinese tech giant and said the...

Bulls dominate as KSE-100 surges 856 points

KARACHI: Positive sentiments prevailed at the Pakistan Stock Exchange (PSX) for the second consecutive session with the KSE-100 Index managing to cross the...

Gold price falls by Rs1,000, reaches Rs88,000 per tola

ISLAMABAD: The price of 24-karat gold dropped by Rs1,000 and was traded at Rs88,000 per tola as compared to the last closing...

US gives Huawei 90 day reprieve on ban

WASHINGTON: The United States gave Huawei a 90-day reprieve Monday on a ban against buying US technology, but added nearly four dozen subsidiaries...

Audit finds senior MoF official’s appointment to be irregular

ISLAMABAD: The Ministry of Finance's Economic Reforms Unit director general has been working illegally, it emerged on Monday. Documents available with this scribe...

Bank Alfalah’s pre-tax profit surges 14pc in first half

The Board of Directors of Bank Alfalah Limited, in its meeting held recently in Abu Dhabi, approved the bank's unaudited interim financial...

RCCI calls for efficient mechanism to control cross-border smuggling

Rawalpindi Chamber of Commerce and Industry (RCCI) President Malik Shahid Saleem on Monday urged the government to adopt modern technology and strict...