Amnesty suspends operations in India after freezing of bank accounts
NEW DELHI: Rights watchdog group Amnesty International has announced the suspension of its operations in India after its bank accounts were frozen,...
Exports of major commodities slide by 19pc YoY, 20pc MoM
Pakistan’s exports showed a dismal picture in the month of August 2020, as total exports as per Balance of Payment (BoP) showed...
Federal govt releases Rs117.67bn for development projects
ISLAMABAD: The federal government has so far authorised the release of Rs117.67 billion for various ongoing and new social sector uplift projects...
Moody’s downgrades Sri Lanka
COLOMBO: Moody’s on Monday downgraded Sri Lanka’s sovereign credit rating by two notches, saying the South Asian nation would be hard-pressed to...
Indian house prices to fall 6pc this year, risk to downside
BENGALURU: Indian house prices will fall more sharply this year than expected just three months ago amid surging coronavirus cases which are...
Pandemic to keep Asia’s growth at lowest since 1967, warns World Bank
TOKYO: The coronavirus pandemic is expected to lead to the slowest growth in more than 50 years in East Asia and the...
Shares slip in global markets as US presidential debate looms
LONDON: European shares slipped on Tuesday as investors awaited the first US presidential debate and eyed progress of a fiscal stimulus package...
GB to emerge as Pakistan’s economic ‘base camp’: Shibli
ISLAMABAD: Minister for Information and Broadcasting Senator Shibli Faraz on Monday said the Gilgit Baltistan (GB) would soon emerge as an economic...
Hydropower share in total energy mix to increase to 50pc by 2050: WAPDA chairman
ISLAMABAD: WAPDA Chairman Lt Gen (r) Muzammil Hussain on Monday said that hydropower share in the total energy mix would be increased...
Sanctions-hit Huawei ramps up investment in Chinese tech sector
SHANGHAI: Huawei Technologies has built up stakes in Chinese semiconductor companies and other tech businesses as the world’s largest telecoms equipment maker...
Govt’s mismanagement behind wheat price hike, observes NA body
ISLAMABAD: As wheat and flour prices in the country have drastically increased under the presumption that 'there will be a shortage of...
Aviation Division prepares policy for commercial use of unmanned aircraft system
ISLAMABAD: Pakistan has put the policy formation process on Unmanned Aircraft System (UAS) on a fast track, as the Ministry of Aviation...
UAE consumers expect cashless society by 2030
ABU DHABI: The Covid-19 pandemic has accelerated the UAE's transition to a cashless society as a growing number of businesses and individuals have...
Cabinet likely to approve railways’ restructuring plan
ISLAMABAD: The federal cabinet is likely to approve the proposed restructuring/revival plan for Pakistan Railways (PR) mainly to improve its performance.
According to...
Govt mulls building underground gas storages to meet demand
ISLAMABAD: Special Assistant to Prime Minister (SAPM) Nadeem Babar on Monday chaired a meeting of the Petroleum Division to discuss the infrastructure...