Stocks lose 114 points in range-bound session
Selling pressure observed in cement, steel, exploration & production and banking stocks
33pc farm households in Punjab suffered losses during Covid-19 lockdowns: ADB
ISLAMABAD: A survey conducted by the Asian Development Bank (ADB) revealed on Monday that about one-third (33.3pc) of farm households in Punjab...
SBP increases loan limits, expands relief measures for microfinance borrowers
Limit for housing finance and microenterprise loans has been increased from Rs1 million to Rs3 million
Pakistan records trade surplus with Italy: SBP
Exports to Italy clocked in at $751m while imports stood at $522m in FY20
Faheem Haider replaces Lt Gen Ishfaq Nadeem (r) as Mari Petroleum CEO
Faheem Haider has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Mari Petroleum Company Limited (MPCL) on...
India to ban 101 military equipment imports to promote domestic production
NEW DELHI: India's defense ministry has announced that it would ban the import of 101 products of military equipment in an effort...
Gas shortages likely as winter approaches
ISLAMABAD: Federal Minister for Energy Omar Ayub said during a meeting of the senate standing committee held here today that the problem...
Donors pledge ‘major’ emergency aid for blast-stricken Lebanon
FORT BREGANCON: World powers agreed at an emergency donor conference on Sunday to provide “major resources” to help Beirut recover from the...
NA committee to deliberate proposed amendments in anti money laundering act
ISLAMABAD: National Assembly (NA) Finance Committee will deliberate on the proposed amendments in the Anti Money Laundering Act 2010 in a meeting...
Mukesh Ambani becomes world’s 4th richest man
NEW DELHI: India’s Reliance Industries Chairman Mukesh Ambani has become the world’s 4th richest man after he amassed $22 billion this year.
The...
Govt launches app to track ongoing plantation drive
ISLAMABAD: Special Assistant to the Prime Minister on Youth Affairs Usman Dar on Sunday announced that the government has launched an application...
PIA plans direct flight from Karachi to Skardu
KARACHI: The Pakistan International Airlines (PIA) on Sunday said that it plans to operate direct flights from Karachi to Skardu.
PIA Chief Operating...
200,000 Pakistani workers could not go abroad due to Covid-19, says POEPA chairman
ISLAMABAD: Pakistan Overseas Employment Promoter Association (POEPA) Chairman Sarfaraz Zahoor Cheema on Sunday said that over 200,000 Pakistani workers could not go...
Oil giants cut production as they post massive writedowns
The world’s five largest oil companies collectively cut the value of their assets by nearly $50 billion in the second quarter, and...
Coronavirus punishes Warren Buffett as Berkshire Hathaway takes big writedown
AGENCIES: Berkshire Hathaway Inc on Saturday announced a $9.8 billion writedown and 10,000 job losses at its Precision Castparts aircraft parts unit,...