Govt barred from collecting GIDC from two firms

The Sindh High Court (SHC) has barred the government from collecting billions of rupees in Gas Infrastructure Development Cess’s (GIDC) dues from...

Tobacco consumption highest in low income households: study

A study on tobacco consumption in Pakistan has revealed that households with the usage of tobacco products spend around three per cent...

EU, China to talk trade as tensions mount

--Virtual meeting replaces full summit with all European leaders cancelled due to coronavirus BRUSSELS: EU leaders will hold video talks with Chinese President...

Pak-China to sign development agreement of first CPEC SEZ

ISLAMABAD: Pakistan and China on Monday will sign the Development Agreement for the first China Pakistan Economic Corridor’s (CPEC) Rashakai Special Economic...

Once an American foe, now a friend: OPEC turns 60

LONDON: In 1973, Arab members of the Organisation of Petroleum Exporting Countries brought the US economy to its knees. Now, the cartel...

India August inflation seen above RBI’s target range: Reuters poll

BENGALURU: India’s retail inflation likely stayed above the Reserve Bank of India’s medium-term target range in August for the fifth straight month...

Beating a pandemic

What have we gained and lost through the Covid-19 experience?

Set the money free

Suppose, for a minute, that you are perusing the internet, looking to buy a property, and you find a listing online for...

Floods destroy fish farms in Swat district

PESHAWAR: Floods in different districts of Malakand Division have swept away more than 25 established fish units, incurring huge losses to farm...

Process initiated to remove legal barrier for outsourcing major airports of Pakistan

ISLAMABAD: The Aviation Division has initiated a process to get rid of legal obstacles in the way of outsourcing the major airports of the...

PMRC, BOP enter into Mortgage Refinance Agreement

Pakistan Mortgage Refinance Company (PMRC) and The Bank of Punjab (BOP) have joined hands to provide and promote affordable mortgage finance in...

Govt irked over lack of Aviation Division’s involvement in Roosevelt Hotel matters

ISLAMABAD: Federal Cabinet has expressed displeasure over a proposal to shut down operations of the Hotel Roosevelt permanently without consulting the aviation...

Economy moving forward on right path: Hafeez

KARACHI: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the government has successfully repaid...

Budget Turkish airline Pegasus to take off from Karachi

KARACHI: Budget Turkish airline Pegasus is entering the Pakistani airspace competition by introducing flights to and from Karachi-Istanbul starting September 25, 2020. Earlier...
China's economy

China attracts 18.7pc more FDI in August despite uncertainty, tensions

BEIJING: China attracted 84.1 billion yuan ($12.3 billion) in foreign direct investment (FDI) last month – 18.7 per cent more than a...