Oil prices climb as faith in supply cuts grows
LONDON: Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as...
Singapore warns of worst economic contraction since independence
Singapore's virus-hit economy could shrink by as much as seven per cent this year -- the worst reading since independence -- the...
CMAP suggests measures to generate Rs260bn annual revenue from tobacco industry
LAHORE: As Pakistan continues to lose billions of rupees every year due to illicit tobacco trade, the high-handedness of multinational companies and...
FDI surges 127pc to $2.28bn in 10 months
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Tuesday that the country had witnessed net Foreign...
NTDC energises 500kV transmission line for Faisalabad west grid station
The National Transmission and Despatch Company (NTDC) is completing its ongoing projects on a fast-track basis through effective utilization of resources despite...
No defect in engine, landing gear of ill-fated A-320, PIA claims
–Airline says last check of aircraft was conducted in March this year
–Aircraft had flown from Muscat to Lahore a day before the...
BOI chief vows all-out support to SEZ investors
ISLAMABAD: Minister of State and Board of Investment Chairman Atif R Bokhari has said that the government would take special measures to...
Easing lockdown, Spain to reopen for tourism in July
MADRID: Spain will reopen its borders to tourists in July and its top soccer division will kick off again in June, the...
Cyclone Amphan loss estimated at $13bn in India
KOLKATA/DHAKA: A powerful cyclone that tore through India’s eastern state of West Bengal this week has caused a damage of INR 1...
Govt likely to allow export of personal protective equipment
ISLAMABAD: Amid sufficient availability of stock, the federal government is likely to allow the export of personal protective equipment (PPE), it was...
Govt urged to probe ‘cartelisation’ in seed, pesticide sector
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry’s Standing Committee on Agriculture has called upon the government to address issues...
Govt announces compensation for PIA plane crash victims
Aviation minister says families of deceased will receive Rs1 million each while two survivors will be given Rs500,000 each
PIA spokesman says blackbox recovered from Karachi plane crash site
--'Flight data recorder and cockpit voice recorder had been found late Friday, we are handing it over to the inquiry board'
--Authorities confirm...
Hong Kong tensions rattle world stock markets, oil tumbles
Oil prices tumbled and global equity markets fell on Friday as China's move to impose a new security law on Hong Kong...
PTI govt urged not to impose taxes on local tobacco industry
ISLAMABAD: Tobacco farmers and industrial workers have demanded the Pakistan Tehreek-e-Insaf (PTI) government not to impose heavy taxes on local industry, saying...