Correcting market failure
This publication is generally in favour of free markets, which in practice can often mean an opposition to what we view as...
Work on 330MW Thar Block-2 power plant in full swing, says Asim Bajwa
Special Assistant to the Prime Minister on Information and Broadcasting Asim Saleem Bajwa on Friday said that the work on the 330...
FIA forms 11-member team to investigate sugar mills
ISLAMABAD: The Federal Investigation Agency (FIA) on Friday constituted an 11-member inquiry team to investigate sugar mills based on the findings of the...
Govt jacks up petrol prices on Eid eve
Petrol rate increased by Rs3.86 per litre, HSD by Rs5 per litre
Global funds favour bonds over stocks on surging coronavirus infections
BENGALURU: Global funds recommended cutting equity holdings in July to the lowest in four years and suggested keeping bond allocations unchanged from...
Govt reappoints Dr Jahanzeb Khan as Planning Commission’s deputy chairman
ISLAMABAD: After serving for almost an year as the Planning Commission deputy chairman, Dr Mohammad Jahanzeb Khanhas been reappointed on the same...
WTO fails to agree on interim leader before choosing new chief
BRUSSELS: The World Trade Organization (WTO) has failed to select a caretaker chief due to an impasse among members who must still...
With liquor shops locked down, 10 die in India drinking sanitizer
CHENNAI: Ten men died in a southern Indian state on Friday after consuming alcohol-derived sanitizer, as local liquor shops were closed due...
Govt taking steps to build investor confidence in construction sector, PM Imran says
ISLAMABAD: Prime Minister Imran Khan on Friday said that the promotion of the construction sector was important to fulfill the dreams of the...
Exxon posts second straight quarterly loss on demand, price plunge
HOUSTON: Exxon Mobil Corp on Friday reported a $1.1 billion second-quarter loss on sharply lower energy demand and prices from the COVID-19...
KP govt to provide Rs77m relief package to tourism industry
PESHAWAR: The Khyber Pakhtunkhwa (KP) government will provide relief of Rs77 million in the shape of waivers on registration fees and license...
India posts record fiscal deficit as coronavirus hits economy
NEW DELHI: India's fiscal deficit touched a record $88.5 billion in the April-June quarter, 83.2pc of the target for the whole of...
OGRA notifies increase in LPG prices
The price of locally produced LPG rises Rs18.48 per 11.8kg cylinder
FBR surpassing July collection target reflects bounce back of economy, says Asad Umar
ISLAMABAD: Planning, Development and Special Initiatives Minister Asad Umar said on Friday that the Federal Board of Revenue (FBR) surpassing the tax...
No relief in sugar, flour prices despite govt’s tall claims
Sugar and flour are being sold at prices higher than those fixed by the govt