Gold price rise to Rs113,300 per tola
ISLAMABAD: The price of 24-karat gold increased by Rs800 on Tuesday and was traded at Rs113,300, as against its price at Rs112,500 on...
TCP to import 151,700 tonnes of sugar
ISLAMABAD: The Provincial Cabinet on Tuesday allowed the Trading Corporation of Pakistan (TCP) and the Punjab Food Department to import 151,700 tonnes...
PM Imran seeks comprehensive strategy to combat food inflation
ISLAMABAD: Prime Minister Imran Khan has directed the officials concerned to evolve a comprehensive strategy to bring down the prices of essential...
K-Electric Board approves Rs9.5bn for ‘rain risk mitigation plan’
KARACHI: Following the recent rains in Karachi, the K-Electric Board of Directors (BoD) constituted a special committee to review the power utility's...
‘Govt to establish four expo centres in Punjab’
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Tuesday the commerce ministry would establish 'joint expo...
Govt asked to retain cash kiosks until initiation of banking, WeBoC systems on trade routes
PESHAWAR: The business community here on Tuesday urged the government and State Bank of Pakistan (SBP) to retain cash kiosk facilities until...
Oil prices gain on supply disruptions, Trump’s hospital exit
LONDON: Oil prices gained on Tuesday amid supply disruptions in Norway, a new hurricane in the Gulf of Mexico, and US President...
Trade deficit expands 19.5pc to $2.39bn in Sept
Pakistan’s trade deficit widened 19.49 per cent to $2.391 billion in September compared to $2.001bn during the same month last year, according...
PSX lands in green after volatile session
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a tug of war between bulls and bears on Tuesday, with the indices swaying...
Cement sector posts Rs13bn loss for FY20
LAHORE: Pakistan's cement sector has cumulatively posted a loss of Rs13bn in FY20, with 4QFY20 recording a loss of Rs4.7bn.
However, loss in...
Australia tips into record budget deficit as government cuts tax, boosts jobs support
SYDNEY: Australia pledged billions in tax cuts and measures to boost jobs on Tuesday to help pull the economy out of its...
FBR imposes 17pc tax on profit made on second hand cars
The Federal Board of Revenue (FBR) has made it compulsory for car dealers to conduct transactions through banking channels besides barring them...
Railways to spend Rs1.8bn to restore KCR
ISLAMABAD: The Ministry of Railways would restore the old system of the Karachi Circular Railways (KCR) at a cost of Rs1.8 billion,...
Govt transfers four directorates of MCI to CDA
ISLAMABAD: The federal government has transferred four directorates of the Metropolitan Corporation of Islamabad (MCI) to Capital Development Authority (CDA).
In this regard,...
US House’s antitrust report hints at break-up of Big Tech firms
WASHINGTON: The US House of Representatives antitrust report on Big Tech firms contains a “thinly veiled call to break up” the companies,...