Demand for cement, steel likely to surge as govt aims to revive construction activity
Experts believe cement, steel sectors' profits will increase by up to 6pc in FY21
NA committee directs FBR to expedite tax refund process
ISLAMABAD: The National Assembly’s Standing Committee on Finance, Revenue and Economic Affairs on Wednesday directed the Federal Board of Revenue (FBR) to...
SBP tasks banks to increase housing, construction financing
Banks have been asked to increase their housing and construction loan portfolios to at least 5pc of their private sector credit
ECC directs food ministry to import wheat, ensure availability at affordable prices
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday directed the Ministry of National Food Security and Research to accelerate...
KSE-100 slips 66 points as 13-day winning streak ends
Index succumbs to profit booking after gaining over 100 points in early trade
Rahat Kaunain Hassan assumes charge as CCP chairperson
ISLAMABAD: Rahat Kaunain Hassan, the newly appointed chairperson of the Competition Commission of Pakistan (CCP), has assumed the charge of her office...
PTCL’s net profit falls to Rs2.7bn in six months
Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom services provider, on Friday, released its financial results for the six months ended...
OGRA notifies hike in RLNG prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday increased prices of Regasified Liquefied Natural Gas (RLNG) on networks of Sui...
KP CM breaks ground for 257-acre Jalozai Economic Zone
'With expected private sector investment of Rs8bn, the CPEC project will ensure the provision of around 50,000 direct and indirect jobs'
Currency devaluation, uncertain regulatory environment may threaten FDI, says OICCI president
ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) President Haroon Rashid has urged the government to address emerging challenges like...
Will build ‘biggest dam’ in country’s history, PM Imran vows
--PM kickstarts construction of much-delayed Diamer-Bhasha dam, which is expected to become operational in 2028
--Says project will generate jobs for people of...
Govt gets SC’s nod to act against sugar barons
Supreme Court directs high courts of Sindh, Islamabad to decide on sugar inquiry-related cases within three weeks
Gold hits one-week peak as US-China row adds to safe-haven demand
Gold rose to a one-week high on Wednesday, holding comfortably above the key $1,800 level, on safe-haven demand fuelled by concerns over...
Moderna expects to start late-stage Covid-19 vaccine trial on July 27
NEW YORK: Moderna Inc said on Tuesday it plans to start a late stage clinical trial for its Covid-19 vaccine candidate on...
PM Imran orders crackdown on wheat hoarders
ISLAMABAD: The government has decided to launch a crackdown on elements involved in wheat hoarding across the country.
This was decided at a high-level...