Ferozsons partners with Gilead to manufacture Covid-19 drug remdesivir 

The Ferozsons Laboratories Limited has announced that its subsidiary Biosciences Limited (BFBL) is in negotiations to enter into a non-exclusive license agreement...
Oil imports

Govt considering buying oil in advance to benefit from global prices

ISLAMABAD: The federal government is considering taking benefit of the decline in global oil prices by purchasing the oil in advance and...

ECC, cabinet decisions led to hike in sugar prices: Abbasi

ISLAMABAD: Former prime minister Shahid Khaqan Abbasi on Saturday said that the decisions taken by the Economic Coordination Committee (ECC) and federal cabinet...

‘NCC-approved business activities to begin from Monday’

Sindh info minister says decision may be reversed in light of developing situation

Refineries seek bailout package as coronavirus disrupts demand

ISLAMABAD: Oil refineries have asked the government to announce a bailout package for them since the country's oil and gas sector was...

Railways reduces cargo fares for commodities by 10pc

LAHORE: Pakistan Railways (PR) has decided to reduce the fare for transporting coal, fertiliser, electricity, cement and other commodities by 10pc, said...

Karachi traders seek clarity over lockdown situation

KARACHI: All Pakistan Organization of Small Traders and Cottage Industries (APSTCI)-Karachi President Mahmood Hamid has said that Sindh Chief Minister Syed Murad...

Fiscal deficit to surge, tax revenue to miss target this year: Hafeez Shaikh

‘Revenue has taken a hit. Exports have taken a hit. Remittances have taken a hit, and, above all, our people are suffering’

‘Uzbekistan desires utilisation of Karachi, Gwadar ports’

Uzbekistan Deputy Prime Minister Sardor Umarzakov has expressed his country's desire to utilise Karachi and Gwadar ports. According to a statement issued by...
Asad-Umar

Govt disbursed Rs144 bln among the poor: Asad 

ISLAMABAD: Federal Minister for Planning, Development, Reforms and Special Initiatives Asad Umer has said Pakistan was fully capable to manufacture ventilators in...

Govt urged to reduce income tax by 50pc in budget 

LAHORE : The country’s leading tax consultants and economic experts on Saturday urged the government to reduce income tax rate by 50 percent...

PM for out-of-box solutions to heal corona-hit economy

Imran stresses need to focus on SMEs, agri sector to create more jobs 

41pc hike in LUMS fee ‘unacceptable’, says education minister

Federal Education Minister Shafqat Mehmood on Friday urged the Lahore University of Management Science (LUMS) to reconsider its decision of increasing its...

NTDC to install 160MVA transformer at Rawat grid station

National Transmission and Despatch Company Limited (NTDC) is all set to remove identified system constraints in order to provide uninterrupted power supply...

Amendment in STA to enhance SMEs’ access to credit: Dawood 

PM's adviser says 'e-registry of movable and immovable assets' will significantly improve Pakistan's Ease of Doing Business ranking