Tesla CEO Musk suggests India entry in 2021

BENGALURU: Tesla Inc chief executive Elon Musk indicated on Friday that the US electric carmaker will make a foray into India in...

SBP issues guidelines for DFIs to undertake Shariah-compliant business

KARACHI: In order to enlarge the scope of Shariah-compliant financial services in the country, the State Bank of Pakistan (SBP) has issued...

Over 100 restaurants sealed in Karachi for violating Covid SOPs: NCOC

Authorities in Karachi closed six marriage halls and 103 restaurants in the metropolis for not complying with health guidelines and Covid-19 prevalence,...

Oil down 5pc after Trump gets coronavirus and economies wobble

LONDON: Oil prices fell 5pc on Friday after US President Donald Trump tested positive for Covid-19 and negotiators failed to agree a...

ECC approves import of 180,000MT wheat from Russia

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday gave approval to the import of 180,000 metric tonnes wheat from...

Former K-Electric chairman Tabish Gauhar appointed as SAPM on power

Former K-Electric chairman Tabish Gauhar has been appointed as Special Assistant to the Prime Minister on Power, local media reported on Friday. A...

Bears dominate PSX as index sheds over 600 points

KARACHI: The Pakistan Stock Exchange (PSX) witnessed bloodbath on the last trading session of the week, with the indices taking a beating amid...

KPRA’s collection surges 33pc to Rs4.3bn in July-Sept quarter

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority's collection grew 33pc year-on-year to Rs4.33 billion in the first quarter (July-Sept) of the fiscal year...

Exports rise 6pc YoY to $1.87bn in Sept

Pakistan's exports rose 6pc to $1.872 billion in September 2020, as compared to the corresponding month of last year, Adviser to Prime...

PM Imran to chair NFC meeting after Hafeez Shaikh’s ouster

ISLAMABAD: As the federal government has removed Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh from the newly-constituted...

US fines Emirates $400,000 for flying over Iranian airspace

WASHINGTON: The US Transportation Department said Thursday it fined Emirates airline $400,000 for operating flights in parts of prohibited Iranian airspace in...

PARC to produce two million disease-resistant potato tubers using tissue culture technology

ISLAMABAD: Tissue culture technology is being widely used for large-scale plant multiplication and gives a science-based solution for plant propagation, disease elimination...

Govt adhering to ease of doing business policy: PM

ISLAMABAD: Prime Minister Imran Khan has said that the government is adhering to the policy of ‘ease of doing business’ to facilitate investors. The...

President Alvi stresses banking transparency to end consumers’ exploitation

ISLAMABAD: President Dr Arif Alvi said on Thursday that the use of information technology has given the banking sector a new dimension,...

Zainulabideen Qureshi notified as OGRA member oil

ISLAMABAD: The Cabinet Division on Thursday issued a notification for the appointment of Zainulabideen Qureshi as Oil and Gas Regulatory Authority (OGRA)...