Musk overtakes Zuckerberg to become world’s 3rd richest person
NEW YORK: Elon Musk has become the third-richest person in the world, overtaking Facebook founder Mark Zuckerberg, after a split in Tesla’s...
Cabinet approves domestication, commercialisation of medicinal, industrial cannabis
ISLAMABAD: The federal cabinet on Tuesday granted approval for the domestication and commercialisation of medicinal and industrial cannabis and hemp at the...
Bajwa announces 250 new jobs for Orange Line Train project
ISLAMABAD: Special Assistant to Prime Minister on Information and Broadcasting and China-Pakistan Economic Corridor (CPEC) Authority Chairman Lieutenant General (r) Asim Saleem...
Inflation drops to 8.2pc in August
ISLAMABAD: Headline inflation in Pakistan fell from 9.3pc in July 2020 to 8.2pc in August, mainly due to a slight decrease in prices...
PSO reports Rs6.5bn loss for FY20
'Unprecedented losses of Rs16.4bn incurred during the 4th quarter of FY20 eroded the net profit of Rs3bn earned by the company during the first three quarters'
CM Buzdar approves construction of small dams in Koh-e-Suleman Range
Punjab CM also okays biometric verification system for vehicle registration
Over 200 Chinese workers reach Pakistan to resume work on power projects
KARACHI: More than 200 Chinese personnel have reached Pakistan to resume work on power projects under the China-Pakistan Economic Corridor (CPEC).
The Chinese personnel...
NEPRA okays 86-paisa per unit increase in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday approved Re0.86 per unit increase in power tariff on account of fuel cost...
KPITB-trained students earn Rs1.9bn through online businesses in one year
PESHAWAR: Youngsters trained by the Khyber Pakhtunkhwa Information Technology Board (KPITB) have earned Rs1.9 billion through online businesses during the past year, lifting...
‘Zero-rated industries to get electricity, gas at discounted rates’
Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood announced on Tuesday that zero-rated industries will be supplied gas and...
FPCCI’s allegations against Board of Investment refuted
ISLAMABAD: The Board of Investment (BoI) has refuted the allegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) regarding...
Japan assures Pakistan of coronavirus debt relief
'After preliminary work on the debt relief initiative, a memorandum of understanding will be formally signed with Pakistan'
PIA to withdraw its staff from Europe
ISLAMABAD: Following the closure of its Europe operations, Pakistan International Airlines (PIA) has decided to call back its staffers posted in various member...
Rupee continues to recover, reaches Rs165.4 against USD
KARACHI: The Pakistani Rupee registered gains on Tuesday and was traded at Rs165.4 against the dollar. This level has not been seen...
Bourse turns bullish over improved investor sentiment
‘Expectation of reduction in inflation figures along with recent PKR recovery against USD helped lift investor confidence’