Pandemic speeds labour shift from humans to robots

ZURICH: Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the Covid-19 pandemic accelerates...

PM tasks ‘tigers’ to start anti-hoarding drive from capital

ISLAMABAD: Prime Minister Imran Khan, while chairing a high-level session regarding the ongoing efforts to control prices of essential commodities, has tasked...

Oil steadies but coronavirus and supply pressures remain

LONDON: Oil prices steadied on Tuesday but remained under pressure from the threat to demand from a global resurgence in coronavirus cases...

Stocks accumulate 616 points on positive sentiments

KARACHI: The Pakistan Stock Exchange (PSX) extended its rally on Tuesday, underpinned by investors’ optimism amid ongoing earnings season. Global equity markets, on...

Provinces agree to accelerate wheat release from official stocks

ISLAMABAD: Provincial governments on Tuesday expressed firm commitment to accelerate the release of wheat from their official stocks in order to maintain...

LCCI demands early compensation for Hafeez Centre inferno affectees

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Monday gave an SOS call to the government for early compensation to...

Stocks manage modest gains despite political noise

KARACHI: The Pakistan Stock Exchange (PSX) commenced the week on a positive note, as indices traded in green for the most part of...

Gold imports plunge 73pc in Q1FY21

ISLAMABAD: The import of gold into the country witnessed a decline of 73.04pc during the first quarter (Q1) of the current fiscal...

Punjab govt sets sugarcane price at Rs200 per maund

LAHORE: The Punjab government has fixed the minimum price for 40kg sugarcane at Rs200 as the cane crushing season is about to begin...

Late buying helps index close in green

'PSX felt the pressure of political uncertainty at the start, but announcement of HBL's financial results and late buying in cement sector kept the index positive'

FBR unearths tax evasion cases in Multan, Hyderabad

ISLAMABAD: The Federal board of Revenue's (FBR) directorates of intelligence & investigation in Hyderabad and Multan have unearthed three tax evasion cases...

SBP reserves drop $356m to $11.79bn

The foreign exchange reserves held by the central bank declined 2.9pc on a weekly basis, according to data released by the State...

PM for making NOCs’ issuance to construction industry easy, transparent

ISLAMABAD: Prime Minister Imran Khan has directed the authorities concerned to make the process of issuance of no-objection certificate (NOC) in the...

PKR steadily regaining lost ground against dollar, trades at five-month high

The Pakistani Rupee is steadily gaining value, attaining its five-month high against the US Dollar on Thursday. During the day, the rupee strengthened...

ECC approves import of 340,000MT wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday granted approval for the import of 340,000 metric tonnes of wheat. Adviser...