Govt to pursue ‘Make in Pakistan’ policy to boost exports, says Razak Dawood

ISLAMABAD: The Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Friday said that the government will diligently...

Daimler seeks to sell French factory in production overhaul

The move comes as the auto industry faces overcapacity and plunging demand for new cars in Europe
Boeing 777X

Boeing communications chief resigns over decades-old article on women in combat

SEATTLE: Boeing Co’s communications chief Niel Golightly abruptly resigned on Thursday, following an employee’s complaint over an article the former US military...

Stocks manage modest gains in range-bound session

KARACHI: Indices of the Pakistan Stock Exchange (PSX) moved within a narrow range on Friday, with the KSE-100 Index tilting both ways...

Rupee gains 67 paisas in interbank market after a weak week

KARACHI: The exchange rate of Pakistani rupee strengthened by 67 paisas against the United States (US) dollar in the interbank market on...

ECC approves Rs29.7bn cash transfers for 3.72m applicants under Ehsas

--In order to maintain buffer stock of fertilisers, ECC approves gas supply to Agritech and Fatima Fertiliser at subsidised rates --OGRA asked to...

KP business community expresses concern over load shedding for industrial, commercial consumers

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) on Friday expressed concerns over unannounced and prolonged electricity load shedding and low...
Oil producers

Oil falls below $43 on virus fears, still heads for weekly gain

SEOUL/LONDON: Oil fell below $43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could...

KP businesswomen continue to struggle despite ease in lockdown restrictions 

WCCI president demands provision of low-interest loans of up to Rs2 million through easy paperwork

Rising fuel prices push weekly inflation up 2.29pc

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on July 2, for the combined consumption group, witnessed...

Pakistan can afford to run a deficit due to simpler external account, says Citibank EMEA head 

KARACHI: Pakistan can afford to run a deficit as it has a ‘simple’ external account when compared to other emerging market countries,...

Govt ‘facilitates’ JWP’s Shazain Bugti ahead finance bill voting

OGDC to pay Shazain Bugti an additional 36pc as rent for 2,500 acres of land in Uch, Dera Bugti

Gold soars to record high of Rs105,200 per tola

Karachi: Gold prices in the country increased by Rs700 per tola to reach an all time high of Rs105,200 per tola on...

Asian countries to make economic recovery by 2021: Fitch Solutions

KARACHI: Global output will contract by 3.6 per cent in 2020, but Asian countries will outperform other markets in 2021, according to...

Private sector offers services for construction of 5,000 low-cost houses, 50,000 apartments

ISLAMABAD: The private sector has offered its services to the federal government for the construction of 5,000 low-cost houses as well as 50,000.  Talking...