‘Iran set to invest in south Indian refinery’

NEW DELHI: Iran is ready to invest in the expansion of a South Indian refinery, an Iranian official said in New Delhi...

FBR’s customs wing reshuffles 1,650 officials to ensure recoveries

KARACHI: As part of the prime minister's drive to reform the Federal Board of Revenue, the Customs Wing has undertaken one of...

KSE-100 closes flat amid volatile trading

KARACHI: After a disappointing end to the previous session, the Pakistan Stock Exchange (PSX) witnessed some respite on Tuesday, as it closed slightly positive...

Renault sales fall in weakening auto market

PARIS: French auto giant Renault said on Tuesday its first-half sales were hit by a slowdown in several emerging countries but overall...

Around 1,200mmcfd RLNG being added to distribution network: official

ISLAMABAD: Regasified Liquefied Natural Gas (RLNG) is playing a vital role in bridging the gap between demand and supply of natural gas,...

UAE plans oil trade overhaul to boost Middle Eastern clout

DUBAI/LONDON: The United Arab Emirates’ state-run ADNOC, long seen as one of the most conservative oil firms in the Middle East, plans...

SBP raises interest rate by 100bps to 13.25pc

--SBP governor says decision taken keeping in view upside inflationary pressures from exchange rate depreciation KARACHI: The State Bank of Pakistan...

China says Trump ‘misleading’ people linking trade deal, slowing economy

BEIJING: China on Tuesday rebuffed a suggestion from US President Donald Trump that Beijing needs a trade deal with the United States...

European companies eager to invest in Pakistan: PM’s aide

ISLAMABAD: Prime Minister’s Spokesperson on Trade and Investment for the UK and Europe Sahibzada Aamir Jahangir said on Monday that world-renowned multinational...

Govt mulls viable policy to ensure competitive rates of cotton for textile sector

ISLAMABAD: An Inter-Ministerial Meeting (IMM) on cotton was held in the Commerce Division on Monday to deliberate upon the issues pertaining to...

SBP calls for deep-rooted structural reforms to ensure economic stability

--'Govt's policy measures affected the performance of industrial sector and dampened manufacturing activities in FY19' While Pakistan’s economy moved along the stabilization phase led...

FBR’s revenues to surge to Rs10.5tr by 2023-24: IMF

--'Rapid growth of tax revenues will be ensured through policy measures committed by Pakistani authorities' ISLAMABAD: The International Monetary Fund (IMF) has...

Sri Lanka keen to enhance trade ties with Pakistan: envoy

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI), in collaboration with the Sri Lankan High Commission, organised a 'catalogue show' at...

Huawei planning major job cuts in US: WSJ

BEIJING: Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning...

KSE-100 nosedives on economic jitters ahead of SBP policy meeting

--Index sheds 714 points as investors remain cautious due to uncertainty surrounding the monetary policy KARACHI: The Pakistan Stock Exchange (PSX) portrayed...