Stocks fall flat amid lacklustre trade

KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Wednesday, with the benchmark KSE-100 Index retreating all gains accumulated...

Cabinet approves policy for local manufacturing of mobile phones

ISLAMABAD: Following approval from the Economic Coordination Committee (ECC), the federal cabinet on Tuesday gave a go-ahead to the first-ever Mobile Device...

Pakistan urged to enforce strict taxation for tobacco control

LAHORE: As the world is commemorating 'No Tobacco Week', anti-tobacco campaigners in Pakistan have urged the government to formulate effective measures like...

Pakistan’s mango exports take huge hit amid Covid-19 restrictions

Suspension of int'l flights, closure of borders, rising freight fares, and contracting demands are likely to pull the country’s mango exports down by 40pc this year

Oil prices rise ahead of OPEC+ meeting on output cuts

LONDON: Oil prices rose on Tuesday to near three-month highs on expectations that major producers will agree to extend output cuts during...

FBR likely to reinstate tier-III system on tobacco sector

ISLAMABAD: Apart from increasing federal excise duty (FED) on tobacco products, the Federal Board of Revenue (PSX) is also considering reinstating the...

Stocks rally 386 points amid improved sentiments

KARACHI: After yesterday's lacklustre performance, indices of the Pakistan Stock Exchange (PSX) witnessed bullish movements on Tuesday, with the benchmark KSE-100 Index...

Climate change in KP leads to 30pc drop in wheat production

PESHAWAR: Climate change in Khyber Pakhtunkhwa has led to a 30 per cent drop in wheat production, creating fears of food shortage...

Oil drops as US-China tension escalates

NEW YORK: Oil futures edged lower on Monday as rising US-China tensions weighed on market sentiment, but reports that OPEC and Russia...

B2B marketplace Bazaar announces raising $1.3 million in pre-seed funding

B2B ecommerce marketplace Bazaar has raised an unprecedented $1.3 million in a pre-seed round from US and Pakistan-based institutional and angel investors,...

Stocks gain 90 points in range-bound trading

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a dull start to the trading week, with the benchmark KSE-100 Index managing to close...
Power sector

12,464MW electricity to be added to national grid through IPPs’ projects

ISLAMABAD: As many as 12,464 megawatts of electricity would be added to the national grid through 25 projects of Independent Power Producers...

Facebook finalises Authorized Sales Partner for Pakistan

Dial Zero has been selected to offer support across advertising, content and payments, including exclusive training opportunities for marketers and decision-makers at media companies and agencies

Business community lauds reduction in POL prices

ICCI president says govt must also slash taxes on POL products to pass on the 'real benefit' of global price reduction to consumers

Wall Street investors eye consumer discretionary stocks as US reopens

NEW YORK: Investors are taking a closer look at the market’s consumer discretionary companies as a reopening US economy fuels hopes of...