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:Â 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:Â 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:Â 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...
Car sales drop 42pc in July
LAHORE: Auto sales witnessed a significant decline of 29pc in the first month (July) of the fiscal year 2019-20, as compared to...
Pakistan’s trade balance improves 19pc in one year
ISLAMABAD: Pakistan trade balance has improved by 19pc, as the deficit declined from $37.6 billion to $30.6 billion during the last fiscal...
Vegetable imports fall 13.2pc in FY19
ISLAMABAD:Â The import of vegetable products into the country decreased by 13.20pc during the financial year 2018-19 as compared to the corresponding period...
German economy could continue to shrink: Bundesbank report
The German economy could have continued to shrink over the summer as industrial production drops amid a dearth of orders, the central...
US economists expect recession in 2020 or 2021: survey
A majority of economists expect a US recession in the next two years, but have pushed back the onset amid Federal Reserve...
KSE-100 breaks 8-day losing streak, gains 797 points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) breathed a sigh of relief as their trade screens turned green on Monday.
Indices started...