Influential millers, hoarders behind surge in sugar price: sources
LAHORE: Pakistan's influential sugar millers and hoarders are behind the recent surge in sugar price in retail markets, as they are selling...
BoI chief urges investors to explore opportunities in livestock sector
ISLAMABAD: Board of Investment (BoI) Chairman Zubair Gilani on Tuesday urged the local as well as foreign investors to exploit enormous investment...
PM Imran leaves for Davos to attend World Economic Forum
ISLAMABAD: Prime Minister Imran Khan has left for Davos, Switzerland to attend the World Economic Forum beginning today.
The thematic focus of this...
53,000 tonnes wheat flour procurement in process, USC tells NA committee
ISLAMABAD: The National Assembly's Standing Committee on Industries and Production was informed on Monday that the Utility Stores Corporation (USC) was in...
PM directs abolishment of 150 licences to stimulate business activities
ISLAMABAD: Prime Minister Imran Khan on Monday directed to abolish around 150 licences required for various business activities at local level, a move...
Another IMF man joins SBP
ISLAMABAD: The government has appointed Murtaza Syed, an International Monetary Fund (IMF) employee, as deputy governor of the State Bank of Pakistan.
According to...
‘Pakistan has no mechanism to check safety, standard of vehicles’
ISLAMABAD: A parliamentary committee, which wanted an update on the safety measures in locally manufactured/assembled vehicles, was surprised to know that there...
Wheat crisis: How to create a commodity shortage
As the nation reels from a shortage of basic commodities such as wheat flour, the graphic displayed above shows as to how...
Flour crisis: Govt approves duty-free import of 0.3m tonnes of wheat
–ECC allows wheat to be imported till March 31; first shipment to arrive by Feb 15
–Sindh govt to buy 0.4m tonnes of...
Punjab govt to cultivate sunflower across 210,000 acres this year
Govt introduces 'Rs5,000 subsidy’ and 'per-acre yield competition' for sunflower growers so as to decrease dependence on edible oil imports
Rice exports surge 26.3pc in six months
ISLAMABAD: Rice exports from the country during the first half of current financial year grew by 26.30pc as compared the exports of...
Pakistani delegation reaches China for FATF meeting
ISLAMABAD: A high-level Pakistani delegation reached Beijing for important three-day face-to-face talks with the global money-laundering watchdog Financial Action Task Force (FATF)...
Federal govt likely to present budget in May
ISLAMABAD: Prime Minister Imran Khan-led government of Pakistan Tehreek-e-Insaf (PTI) is likely to present the budget for the fiscal year 2020-21 in...
Flour crisis: ECC to discuss wheat import today
ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet will take up the matter of wheat import on Monday.
Adviser to Prime...
Banks to provide account holders’ details to FBR this month
KARACHI: In a major development towards transparency and to check suspected undocumented money in the banking channels, all commercial banks have agreed ...