US oil falls below $11 as fund sells off holdings
US oil nosedived below $11 a barrel Tuesday after a major exchange-traded fund started selling its short-term contracts of the commodity, and...
Govt to pay small businesses’ power bills for three months
ECC approves Rs75bn relief package for unemployed labourers, SMEs
SadaPay gets in-principle approval from SBP to launch e-money institution
LAHORE: SadaPay has announced that it has been granted the in-principle approval by the State Bank of Pakistan (SBP) for an Electronic...
‘Virus lockdown’: CAP announces business closures from May 1st
LAHORE: Citing "non-availability of relief from the government", the Chainstores Association of Pakistan (CAP) has warned of permanent closure of businesses from...
Poultry farmers seek govt’s help amid COVID-19 crisis
LAHORE: As the country's poultry industry is on the verge of collapse due to COVID-19, poultry farmers have urged the government to...
Millat Tractors’ profit falls 46pc in 3QFY20
LAHORE:Â The Board of Directors of Millat Tractors Limited (MTL) met on Monday to review the company's performance and announce its financial results...
PSX turns bearish; index sheds 491 points
KARACHI: The Pakistan Stock Exchange (PSX) closed the first trading session of Ramzan on a negative note, with the benchmark KSE-100 Index...
Oil falls on storage woes in virus-hit market
US oil prices fell heavily Monday on renewed concerns over storage capacity as the coronavirus throttles demand, even as producers start slashing...
Asian shares gain as BOJ announces more stimulus stepsÂ
Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of...
PM-formed think-tank identifies key areas to boost economy
--Forum mulls reducing GST on consumer goods from 17pc to 5pc
--Members highlight need for further reduction in policy rate, oil pricesÂ
ISLAMABAD: Adviser...
Sugar crisis inquiry commission given two weeks to submit report
ISLAMABAD:Â The sugar crisis inquiry commission has been given two more weeks to submit its detailed forensic audit report to the prime minister,...
KP traders reject ‘early closure of shops’, warn of protests
PESHAWAR: The trade associations of Khyber Pakhtunkhwa (KP) on Saturday warned of protests against the provincial government's decision to close shops at...
Local production of urea hits new record in 1Q2020
'Based on supply-demand outlook, the govt will not be required to operate LNG-based urea plants this year'
Expelled sugar commission head reveals industry malpractices
ISLAMABAD: Sajjad Mustafa Bajwa, who was excluded from the sugar inquiry commission on allegations of "leaking valuable information to sugar owners", has...
Weekly inflation rises 0.62pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on April 23 witnessed an increase of 0.62pc, Pakistan Bureau...