Govt to refund money to Hajj applicants
Announcement comes after Saudi Arabia decided to hold Hajj 2020 with 'a very limited number' of pilgrims from within the kingdom
Housing finance among top priorities of SBP: Dr Reza Baqir
SBP governor chairs first meeting of Steering Committee on Housing and Construction Finance
Trade with Afghanistan remains slow despite border opening
PESHAWAR: Despite the opening of the Pakistan-Afghanistan border for trade, on Tuesday, only 150 export vehicles entered Afghanistan from Pakistan while only...
Oil up after Trump assurance on China trade deal
LONDON: Oil prices rose on Tuesday in a volatile session after US President Donald Trump soothed jangled nerves over the status of...
Stocks extend rally with 314-point gain
KARACHI: Bullish trend continued at the Pakistan Stock Exchange (PSX) on Tuesday, as the indices kept accumulating gains throughout the day despite...
ICCI asks govt to waive six-month rent for small businesses
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Senior Vice President Tahir Abbasi, on Tuesday, urged the federal government to waive off...
US accuses India of unfair practices on charter flights
The US Transportation Department on Monday accused the Indian government of engaging in “unfair and discriminatory practices” on charter air transportation services...
Two companies issued show cause notices over deceptive marketing practices
As per CCP's report, SM Food Makers and Volka Food Int'l were deceptively copying the trademark of various products belonging to Ismail Industries Ltd
India moves to curb sales of Chinese products to govt agencies
--Sellers instructed to declare the country of origin for goods and services purchased via a state-run online portal
--RSS economic wing lauds decision,...
Asset management companies given till July 24 to fulfil regulatory requirements
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has extended the timeline for Asset Management Companies (AMCs) to meet investor's suitability...
Sanofi clinches $2bn vaccines deal with Translate Bio
PARIS: French drugmaker Sanofi has agreed a potential $2 billion deal with US biotech company Translate Bio to make vaccines, expanding their...
Economists point out myths and facts about Pakistan’s defence budget
--Govt to spend 17.7pc on defence-related activities in FY21
--Army to get 47.6pc of the total defence budget of Rs1.28tr
--Pakistan's military expenditures...
Pak-Afghan Ghulam Khan border crossing reopens for trade
PESHAWAR: The Pakistan-Afghanistan Ghulam Khan border crossing in North Waziristan reopened on Monday after remaining closed for three months.
The transportation of goods vehicles...
Moot highlights challenges to Pakistan’s trade competitiveness
KARACHI: Learners’ Republic recently conducted an important webinar on Pakistan’s international trade competitiveness titled ‘Boosting Pakistan’s Trade Competitiveness’.
The webinar was divided into...
PSX calls for reduction in Capital Gains Tax
The exchange recommends CGT rate be brought down to 10pc for short-term investments, and be made nil for long-term investments