Amazon signals entry into alcohol delivery in India with nod in key state
NEW DELHI: Amazon.com Inc has secured clearance to deliver alcohol in India’s eastern state of West Bengal, according to a document seen...
UK to seek new powers to scrutinise foreign takeovers
LONDON: Britain will seek changes to the law to allow scrutiny of some foreign takeovers to ensure they do not threaten the...
FBR likely to miss revised tax collection target of Rs3,908bn for FY20
ISLAMABAD: The Federal Board of Revenue (FBR) is likely to miss the revised tax collection target of Rs3,908 billion for the current...
KP government to borrow Rs91bn to cover FY21 budget deficit
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has decided to borrow Rs91 billion from banks to cover its budget deficit due to delay...
Privatisation Commission working on reforms to bring transparency, says Soomro
ISLAMABAD: The Minister for Privatisation Muhammad Mian Soomro during a meeting on Sunday said that the Privatisation Commission of Pakistan is working...
Steel industry asks government to make changes in budget FY21
ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has urged the Ministry of Industries and Production and other concerned departments, to...
Inflation dog may finally bark, investors bet
LONDON: Gold, forests, property stocks, inflation-linked bonds - these are just some of the assets investors are pouring money into on the...
Banks lend out Rs107.5bn under Rozgar Scheme: SBP
KARACHI: Banks have approved loans worth Rs107.5 billion under the State Bank of Pakistan’s (SBP) Rozgar Scheme, according to a report released...
Why we do not cover the budget
If you are a consumer of news in Pakistan, you may be vaguely familiar with the idea that the day the federal...
IHC vacates stay order on sugar inquiry report
Govt allowed to take action against those found involved in the scam
NTDC warns of acute shortage of RFO at thermal power plants
'If the issue remains unresolved, Lahore and Faisalabad may witness up to four hours of load shedding in the coming days'
US current account deficit edges down; Covid-19 curbs trade
WASHINGTON: The US current account deficit dipped to a near two-year low in the first quarter as the Covid-19 pandemic restricted the...
Pakistan to save $2.4bn in 2020 debt relief: World Bank
'Poorest countries can cumulatively save over $12bn owed to sovereign and other creditors this year'
Govt committed to empowering women through e-commerce platforms: Dawood
'Women Economic Empowerment Group will soon be made operational so that dedicated initiatives for women entrepreneurs could be launched'
Saudi Arabia to lift nationwide curfew, resume economic activities from Sunday
Restrictions will remain, however, for religious pilgrimages, int'l travel and social gatherings of more than 50 people