Govt to set up Pakistan Corporate Restructuring Company to boost economy
ISLAMABAD: Following the directions of Prime Minister Imran Khan to boost economic growth and create employment opportunities, the government plans to establish...
Gold and oil prices jump, stocks down after Iran attack on US troops
Escalating geopolitical risk has increased oil and gold prices while Asian stock markets plummeted following firing of Iranian missiles at US airbases...
Prices of over 1,000 items decrease after govt injects Rs7b in Utility Stores
ISLAMABAD:Prices of 1,000 essential commodities commodities including sugar, rice and pulses decreased at Utility Stores from Wednesday (today) after Prime Minister Imran...
New Russian consortium to replace TMK in $2bn Karachi-Lahore gas pipeline project
A new consortium of two Russian companies will undertake the construction project of the 1122 km-long gas pipeline from Karachi to Lahore...
Govt fears difficulties at FATF as Senate body rejects amendment in law
Senate body expresses concerns over amendment that empowers FIA to arrest anyone carrying over $10,000 in the country
ECC likely to constitute price negotiation committee for TAPI project
ISLAMABAD: The Economic Coordination Committee (ECC) is likely to constitute a price negotiation committee for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline Project.
According to...
Sindh transporters’ strike enters second day
KARACHI: The goods transporters’ strike entered the second day on Tuesday as the talks between Sindh Governor Imran Ismail and representatives of...
PTA allows non-commercial trials of 5G
ISLAMABAD: Pakistan Telecommunication Authority (PTA) has granted six months permission to PMCL (Jazz) and CMPak (Zong) to conduct test and trial of 5G...
Govt mulls auctioning underutilised capacity of LNG terminals
ISLAMABAD: The government has been considering leaving Liquefied Natural Gas (LNG) imports to the private sector and planning to auction the underutilised...
Trade deficit shrinks 30.67pc in first half of FY20
ISLAMABAD: Pakistan's trade deficit witnessed a significant reduction in the first half (July-December) of the current fiscal year (FY20), as it fell...
Prices of 89 medicines reduced by 15pc
KARACHI: The Ministry of National Health Services, Regulations and Coordination (NHSR&C) has decreased the prices of essential medicines by 15pc.
According to a...
Govt injects Rs7bn in Utility Stores Corporation
ISLAMABAD: The government has given a package of Rs7 billion to Utility Stores Corporation (USC) of Pakistan in order to ensure the...
Gold price surges Rs2,850 to stand at Rs93,350
Gold rates climbed to an all-time high on Monday, increasing by Rs2,850 per tola to close at Rs93,350.
The price of 10-gram gold...
FBR directed to conduct audit of smuggled vehicles’ auctions
ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the tax department to conduct a detailed audit of auctions conducted in the last three...
Pak-Africa Trade Development Conference to commence from 30th
Commerce ministry will organise the conference in Nairobi under its ‘Look Africa Policy Initiative’