PM for out-of-box solutions to heal corona-hit economy
Imran stresses need to focus on SMEs, agri sector to create more jobs
Govt to present next year’s budget on June 5
--Expenditure target for FY21 to be fixed at Rs10.4tr
--Rs600bn to be spent on development projects; Rs200bn on corona-related programmes
ISLAMABAD: The federal government...
Covid-19: SBP activates temporary relief facility to support economy
KARACHI: The State Bank of Pakistan (SBP) has opened up its subsidized Temporary Economic Relief Facility (TERF) scheme to expand existing projects...
41pc hike in LUMS fee ‘unacceptable’, says education minister
Federal Education Minister Shafqat Mehmood on Friday urged the Lahore University of Management Science (LUMS) to reconsider its decision of increasing its...
Philip Morris plans to launch heated tobacco device in Pakistan
PMPKL managing director urges govt to formulate necessary legislation for distribution of such products
FY21 budget: Hafeez Shaikh vows redressal of business community’s woes
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Friday said the government was actively resolving the...
NTDC to install 160MVA transformer at Rawat grid station
National Transmission and Despatch Company Limited (NTDC) is all set to remove identified system constraints in order to provide uninterrupted power supply...
Oil heads for another weekly gain on demand hopes and shut-ins
LONDON: Oil prices rose on Friday and were on course for a second consecutive week of gains as more countries moved ahead...
Top US, China trade officials agree to strengthen cooperation
BEIJING: Top US and Chinese trade representatives discussed their Phase 1 trade deal on Friday with China saying they agreed to improve...
Weekly inflation up 0.36pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on May 7 witnessed an increase of 0.36pc, Pakistan Bureau...
Stocks end flat amid low turnover
KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Friday, with the benchmark KSE-100 Index ending flat amid low...
Amendment in STA to enhance SMEs’ access to credit: Dawood
PM's adviser says 'e-registry of movable and immovable assets' will significantly improve Pakistan's Ease of Doing Business ranking
India lockdown lifts Pakistani rice export to Middle East
KARACHI: Export of Pakistani rice increased in the Middle East after India imposed strict lockdown in the wake of the coronavirus outbreak,...
Stocks rise as reopening, easing China-US tensions trump bad data
Moves to ease lockdown measures and reopen economies around the world fired equity markets Friday as investors looked past a string of...
Japan approves Gilead Sciences’ remdesivir as COVID-19 drug
Gilead on Tuesday said it was in discussion with several companies, including generic drugmakers in India and Pakistan to produce remdesivir in large quantities.