Builders body expresses concern over hike in steel, cement prices

ABAD chief terms sudden hike in steel and cement prices 'a conspiracy against PM's affordable housing scheme'

PIA receives over 1,300 applications under voluntary separation scheme

KARACHI: More than 1,300 Pakistan International Airlines (PIA) employees have submitted applications seeking early retirement under the voluntary separation scheme (VSS), it...
Oil producers

Oil drops as new coronavirus strain revives demand fears

LONDON: Oil dropped towards $50 a barrel on Tuesday, adding to losses from the previous session, as a mutant variant of the...

KP govt approves 25 uplift schemes worth Rs36bn

PESHAWAR: The 13th meeting of Khyber Pakhtunkhwa's Provincial Development Working Party (PDWP) on Tuesday approved 25 uplift schemes of different sectors with...

British American Tobacco to move BPO operations from Malaysia to Pakistan

ISLAMABAD: British American Tobacco (BAT) has decided to move its 'shared services' operations from Malaysia to Pakistan, it was learnt on Tuesday. BAT...

KP govt increases mills’ wheat quota

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has announced to increase the wheat quota for flour mills from 5,000 tonnes to 6,000 tonnes...

POL import bill falls 22.8pc in July-Nov period

ISLAMABAD: The imports of overall petroleum group declined by 22.78 per cent during the first five months (July-Nov) of the current financial...

‘SBP committed to making supply chains cashless’

LAHORE: State Bank of Pakistan (SBP) Deputy Governor Sima Kamil said on Tuesday that the central bank is committed to digitizing corporate...

Pakistan registers all-time high of 3m active tax filers

Pakistan's number of active taxpayers crossed three million for the first time in the country's history, according to data released by the...

Stocks fall 426 points as selling pressure persists

KARACHI: Bearish sentiment continued to prevail at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark index once again succumbing to...

Eurobonds for Mohmand, Diamer Bhasha dams on the cards

Finance Minister Abdul Hafeez Shaikh has summoned a meeting of the Economic Coordination Committee (ECC) on Wednesday to discuss a six-point agenda,...

‘CPEC expanding into second phase despite global economic crisis’

China-Pakistan Economic Corridor Authority (CPEC) Chairman Lt Gen (r) Asim Saleem Bajwa has said that the multi-billion dollar CPEC project has been...

Govt decides to form Drone Regulatory Authority

ISLAMABAD: The federal government on Tuesday decided to form a Drone Regulatory Authority (DRA) for effective use of the remote-control surveillance technology...

‘Google, Facebook agreed to team up against possible antitrust action’

NEW YORK: Facebook Inc and Alphabet Inc’s Google agreed to “cooperate and assist one another” in case of an investigation into their...

Apple targets car production by 2024, eyes ‘next level’ battery technology

CUPERTINO: Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include...