Nawaz Sharif blasts PTI govt for failing to control inflation

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) supreme leader Nawaz Sharif on Thursday criticised the Pakistan Tehreek-e-Insaf (PTI) government over its apparent failure in...

Sindh CNG pumps to remain closed throughout winter

All CNG pumps in Sindh will remain closed throughout the upcoming winter season, Sui Southern Gas (SSG) officials said on Thursday. According to...

Italy-Pakistan Footwear Technological Centre inaugurated in Lahore

The governments of Pakistan and Italy, through the Pakistan Footwear Manufacturers Association, have inaugurated the Italy-Pakistan Footwear Technological Centre (IPFTC) in Lahore. The...

ECNEC approves road infrastructure, other development projects worth billions

Forum approves rehabilitation and upgradation of several sections on Indus Highway, Jhaljao-Bela Road and Peshawar Northern Bypass

AGP forms team to conduct forensic audit of loss-making SOEs

ISLAMABAD: The Auditor General of Pakistan (AGP) has constituted a four-member team to conduct forensic audit of major loss-making state-owned entities (SOEs).  According...

$497m Thar coal project achieves financial close

Another Thar coal-based power generation project achieved financial close during a ceremony held at the Private Power and Infrastructure Board (PPIB). According to...

FBR, PSMA sign accord for electronic monitoring of sugar production

ISLAMABAD: The Federal Board of Revenue (FBR) has signed a memorandum of understanding (MoU) with Pakistan Sugar Mills Association (PSMA) to operationalize...

Dew, PUBG collaboration takes gaming to next level

Mountain Dew recently dropped the hottest collaboration in Pakistani e-sports history. "Get your #DewKaSquad ready because Dew has marked their territory in popular...

Late buying helps benchmark index close in green

KARACHI: The Pakistan Stock Exchange (PSX) witnessed volatile activity on Thursday, with the benchmark index taking a beating in early trade before...

IMF pushes for changes governing debt restructurings

WASHINGTON: International Monetary Fund officials on Thursday warned that risks of a sovereign debt crisis sparked by the coronavirus pandemic will rise...

Cement sales for Sept expected to clock in at 5m tons

LAHORE: Cement sales in September are estimated to clock in at a near all-time high of 5mn tons (+17per cent YoY and...

How the year 2020 confounded Wall Street strategists

NEW YORK: Bank of America Corp's BAC.N strategists cut their year-end forecasts for the S&P 500 index twice this year, trailing the U.S....

NAB recoveries in 2019 total Rs3.84bn

ISLAMABAD: The National Accountability Bureau (NAB) managed to make recoveries of Rs3,841.902 million or Rs3.84 billion from corrupt elements during 2019 and...

India plans launch of own app store as alternative to Google, Apple

BENGALURU: India is planning to launch its own app store as an alternative to the ones offered by Apple and Alphabet-owned Google,...

Britain, EU split on state aid in crunch week of trade talks

BRUSSELS: British and EU trade negotiators have failed to close the gap on state aid, a key element barring their new agreement...