Microsoft bans police face recognition sales as big tech reacts to protests
Microsoft Corp on Thursday said it would await federal regulation before selling facial recognition to police departments, making it the latest big...
FBR waives off over Rs1tr in taxes in FY19-20
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) government has given Rs1,149billion tax exemption to influential sectors during the second year of its government.
According to Economic...
PM directs completing Pakistan Railways’ restructuring
ISLAMABAD: Prime Minister Imran Khan on Thursday said ML-1 (Main Line One) was an important project of China-Pakistan Economic Corridor (CPEC) and directed...
Google to ban targeting housing ads based on gender, age
OAKLAND: Alphabet Inc’s Google said on Thursday it would stop allowing housing, employment and credit ads to be targeted to users based...
Large-scale manufacturing contracts 5.4pc in nine months
ISLAMABAD: Large Scale Manufacturing (LSM) recorded negative growth of 5.4pc during the first nine months of the current fiscal years, compared to...
Exports fall 4pc to $18.4bn in 10 months
April exports plunge 47pc to $957m
OGRA imposes Rs40mn penalty on six OMCs
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has imposed a penalty amounting to a total of Rs40 million on six Oil...
KP govt to seek Rs24bn more in agri loans from World Bank
PESHAWAR: The provincial government has decided to take an additional loan of Rs24 billion from the World Bank to irrigate 790,000 acres...
SBP reserves drop by $266mn to $10.1bn
KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased $266 million to $10.096 billion, during the...
Moderna to start final testing stage of coronavirus vaccine in July
CHICAGO: Moderna Inc, on Thursday confirmed it plans to start a trial of 30,000 volunteers of its much-anticipated coronavirus vaccine in July...
Stocks stay in green amid range-bound session
KARACHI: Indices of the Pakistan Stock Exchange (PSX) moved in a narrow range on Thursday, as the investors adopted a cautious approach...
China, US should resume timely communication on trade, says Chinese adviser
BEIJING: China and the United States (US) should resume timely communication on trade and other issues, an adviser to the Chinese cabinet...
Govt unveils economic survey, misses key targets
Agriculture sector posts 2.67pc growth, whereas industrial and services sectors shrink -2.64pc and -3.4pc, respectively
Govt adds Rs2.5tr to public debt in nine months
--Pakistan's external debt reached $110bn by end-March
--Interest servicing consumed 40pc of the revenue collected in 9MFY20
ISLAMABAD: Although the Pakistan Tehreek-e-Insaf (PTI) government...
Rs30bn subsidy announced for Naya Pakistan Housing Project
ISLAMABAD: The government has announced a special package for the construction sector that includes an amnesty scheme, tax exemptions and a Rs30...