Pakistan, ITFC sign $386m agreement for import of oil, LNG

ISLAMABAD: Pakistan has signed a financing agreement amounting to $386 million with the International Islamic Trade Finance Corporation (ITFC), a subsidiary of...

Power Division notifies up to Rs2.89 per unit increase in K-Electric tariff

ISLAMABAD: Electricity consumers of K-Electric will bear up to Rs2.89 per unit hike as the Power Division has issued a notification to...

No compromise to be made in action against smuggling of food commodities: PM

ISLAMABAD: Prime Minister Imran Khan said on Monday that smuggling of food commodities is a menace to the country's economy and poses...

CDWP approves eight projects worth Rs36bn 

ISLAMABAD: The Central Development Working Party (CDWP) on Monday approved eight projects worth Rs36 billion and recommended seven others worth Rs233.014 billion to...

IT ministry asks cabinet to issue executive order for running NITB affairs

ISLAMABAD: The Ministry of Information and Technology has asked the federal cabinet to issue an executive order for running the affairs of...

Petition seeks protection of Pakistani products’ identity

ISLAMABAD: While the government has already taken steps to challenge Indian application for exclusive Geographical Indication (GI) tag for basmati rice before...

 Pakistan to face ‘additional hurdles’ in revenue collection: Moody’s 

'On average, emerging govts will lose revenue worth 2.1 percentage points of GDP in 2020'

KP govt distributes free saplings among Bajaur farmers to promote olive cultivation

PESHAWAR: The Khyber Pakhtunkhwa (KP) Agriculture Department has distributed 9,300 olive saplings free of cost among farmers of Bajaur tribal districts to...

Stocks plunge 588 points amid uncertainty over FATF decision

KARACHI: Bears took charge of the Pakistan Stock Exchange (PSX) on Monday, with the indices failing to sustain gains accumulated in early...

Asia Pacific Group retains Pakistan on enhanced follow-up list

Report won’t have bearing on upcoming plenary session to decide whether Pakistan should be retained or stricken off grey list

LHC moved against VPN access to TikTok

A petition was filed in the Lahore High Court (LHC) on Monday seeking directives for the authorities to block the use of...

Asim Bajwa steps down as PM’s aide on information

Lt Gen (r) Asim Saleem Bajwa on Monday announced that Prime Minister Imran Khan has accepted his request to relinquish him from...

NPMC mulls ways to curb rising inflation

Officials cite gap in supply and demand due to climatic factors, upward trend in int'l prices and increased profit margin between wholesalers and retailers as reason behind rising inflation 

Cotton production declines by almost 50pc

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry's (FPCCI) businessmen panel on Sunday regretted that cotton crops yield has declined...

Foreign remittances top $2bn for fourth month

KARACHI: Remittances from Pakistani workers employed abroad increased to $2.3 billion in September, a 31.2pc rise Year-on-Year (YoY) and up 9pc compared...