SBP allows banks to open branches on Saturdays

KARACHI: As coronavirus cases continue to decline across the country, the State Bank of Pakistan (SBP) has permitted banks to open a...

Govt lifts ban on export of Tyvek Suits, antimalarial drugs

ISLAMABAD: With the removal of restrictions on Personal Protective Equipment (PPE) like masks, sanitizers etc, the government on Tuesday has also lifted...

Fertiliser players urge govt to extend GIDC recovery period by eight years

In case the request is dismissed, fertiliser players may increase urea prices by Rs500 to Rs2,100 per bag

Steel industry opposes tariff reduction proposals of NTC

ISLAMABAD: As the National Tariff Commission (NTC) has proposed a reduction in tariff on import of finished or semi-finished steel products, the...

Rashakai SEZ to pave way for rapid industrialisation in Pakistan: BOI

ISLAMABAD: The Board of Investment (BOI) said on Tuesday that the Rashakai Special Economic Zone (SEZ) would pave a new way for modern...

FBR fulfils long-standing demand of fan manufacturers

ISLAMABAD: The customs wing of Federal Board of Revenue (FBR) on Tuesday issued a notification resolving the long-standing demand of fan manufacturers. The...

PM Imran reiterates determination to lift people out of poverty

'The project features more than six million trees and three barrages that are 46-metres long and can hold 600,000 cusecs of water'

ADB predicts economic recovery for Pakistan as Covid cases drop

The bank lauds Pakistan's response to Covid-related challenges, expects inflation to drop to 7.5pc in FY21

With 69pc annual growth, Pakistan ranked eighth fastest-growing freelancing economy

LAHORE: Global payment platform Payoneer, in its latest report “Freelancing in 2020: An Abundance of Opportunities,” has ranked Pakistan as the eighth...

Stocks end lower as investors continue to book profits

KARACHI: In line with the previous session, the Pakistan Stock Exchange (PSX) saw volatile activity on Tuesday, with the indices swaying in...

India’s August trade deficit in goods at $6.77 billion

NEW DELHI: India posted a trade deficit of $6.77 billion in goods in August, data released by the government showed on Tuesday. Merchandise...

Federal, provincial govts to work jointly for Southern Balochistan’s development: Asad Umar

ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar on Monday said that federal and provincial authorities would closely work together...

Pandemic’s ‘great reset’ pushes energy firms toward renewables, hydrogen

SINGAPORE: The economic trauma caused by the coronavirus pandemic has pushed energy companies to step-up investment in renewables, hydrogen and other low...

Onion prices spike in Bangladesh after India bans exports

DHAKA/MUMBAI: Onion prices in Bangladesh jumped by more than 50pc on Tuesday, following a ban on exports by largest supplier India after...

Big industry expands 5.05pc YoY in July

Asad Umar attributes gain in large-scale manufacturing to 'govt's timely measures against coronavirus'