KCCI rejects hike in K-Electric tariff, demands withdrawal
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Shariq Vohra said on Tuesday that hike in K-Electric tariff would prove to...
British Airways flight lands in Lahore after 40 years
LAHORE: British Airways has resumed its direct flight operations to and from Lahore as the airline’s first flight touched down at Allama...
JPMorgan beats profit estimates as trading booms
JPMorgan Chase & Co comfortably beat Wall Street estimates for third-quarter profit on Tuesday as trading revenue surged past its own expectations...
Cabinet approves enactment of EXIM Bank of Pakistan Act 2020
ISLAMABAD: The federal cabinet on Tuesday gave an approval for enactment of the Export-Import Bank of Pakistan Act, 2020.
According to sources, the...
ECC likely to approve Rs5bn to enhance outreach of interest-free loan programme
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is likely to approve a technical supplementary grant (TSG) of Rs5 billion to...
Govt debt surges by Rs3.4tr in August
The total central government debt rose by Rs3.4189 trillion in the period ending August 2020 compared to the same period last year,...
Sindh govt approves wheat release to flour mills from 16th
The move will help reduce ex-mill price of wheat by Rs9.13 per kg
‘Stamping of Aghan transit goods imperative to curb smuggling’
ISLAMABAD: The country’s tyre manufacturing sector has urged the government to withdraw its decision to discontinue stamping of goods in transit to...
PTA ban on TikTok challenged in SHC
KARACHI: A TikToker approached the Sindh High Court (SHC) on Tuesday challenging the Pakistan Telecommunication Authority’s (PTA) October 9 decision of placing a...
Walt Disney restructures entertainment businesses to boost streaming
ORLANDO: Walt Disney Co said on Monday it had restructured its media and entertainment businesses to accelerate growth of Disney+ and other...
Oil up as robust China trade data offsets returning supply
LONDON: Oil prices rebounded on Tuesday as robust data from China offset returning supply in Norway, the Gulf of Mexico and Libya.
Brent...
Global watchdogs agree rules for stablecoins like Facebook’s Libra
LONDON: Central banks set out to regulate cross-border stablecoins like Facebook’s planned Libra with a common approach on Tuesday, saying more rules...
Cashew Financial Services gets SECP’s NOC to launch digital micro-financing
Digital lending provides small retailers easy access to a much-needed new line of financing that is fully transparent
Conventional & Sharia-compliant...
KP businessmen warn of protest against tax collection on transport, other services
PESHAWAR: The business community of Khyber Pakhtunkhwa has categorically rejected the collection of tax on transport and other services by the KP...
Stocks extend losses amid lack of triggers
KARACHI: Following the massive decline a day ago, the Pakistan Stock Exchange (PSX) extended its fall, though at a slower pace on...