Govt decides to abolish posts vacant for more than one year
The decision has been taken in light of 'increasing salary bill of federal govt'
AGP reveals Rs2.96tr irregularities in Power Division
ISLAMABAD: The Auditor General of Pakistan (AGP) has revealed irregularities of Rs2,962 billion in 318 cases of Power Division and its attached...
FY20: PSX among top-performing markets despite Covid-19
Pakistan Stock Exchange remained Asia's third-best market in FY20, after China and Taiwan
Global light vehicle sales to fall 20pc this year: Moody’s
NEW YORK: The coronavirus compounds the challenges already confronting the global auto industry and Moody’s estimates that global light vehicle sales will...
Oil rises 2pc on US crude stockpile draw, global manufacturing activity
NEW YORK: Oil prices rose nearly 2pc on Wednesday following a drawdown in US crude inventories from record highs and a string...
Tesla becomes most valuable automaker in latest stock rally
Tesla Inc on Wednesday became the highest-valued automaker as its shares surged to record highs and the electric carmaker’s market capitalization overtook...
PIA gets temporary permission to serve EU states
BRUSSELS: The European Union has granted temporary permission to Pakistan International Airlines (PIA) to operate flights to and from the continent till July...
‘Fuel shortage must not be linked with partial curtailment of oil imports’
Petro Division urges media to provide objective info to public and reserve comments till court judgments
Urea offtake jumps 76pc to 1.2m tonnes in June
Inventory levels drop to 400,000 tonnes in June from 1.1m tonnes in May
IMF revises down Asia’s economic forecast; warns of $12tr loss globally
'For the first time in living memory, Asia’s growth is expected to contract by 1.6pc, a downgrade to the April projection of zero growth'
Razak Dawood stresses economic integration with Afghanistan, CARs
PM's aide urges IDFC to act as an interlink between regional countries so that mutual objectives could be achieved
KSE-100 welcomes FY21 with 485-point rally
KARACHI: The Pakistan Stock Exchange (PSX) greeted the financial year 2020-21 (FY21) with positivity, as the benchmark index extended its rally from...
PTA temporarily suspends PUBG, seeks feedback from public
Pakistan Telecommunication Authority (PTA) has decided to temporarily suspend the PlayerUnknown’s Battlegrounds (PUBG) game, as a result of complaints received from various...
Food inflation pushes CPI to 8.6pc in June
Monthly inflation was led by a spike in the prices of wheat/flour, potatoes, pulses, condiments and spices
Allied Bank leads the way to become the first bank to go live with NIFT ePay
LAHORE: In an effort to promote digital payments in Pakistan, Allied Bank has led the way to become the first bank to...