CAA incurs Rs10bn loss due to suspension of international flights
ISLAMABAD: The Civil Aviation Authority (CAA) has suffered a loss of over Rs10.5 billion in two months due to suspension of flight operation...
Experts suggest immediate measures to ensure food security
ISLAMABAD: The COVID-19 pandemic has posed a serious challenge to developing countries to keep the food supply intact, mainly countries with highly dense...
PIDE predicts up to 14pc decrease in remittances
LAHORE: The Pakistan Institute of Development Economics (PIDE) has revealed in a report that due to Covid-19 crisis and turmoil in oil...
PSO earnings fall 49pc in 9MFY20
LAHORE: Pakistan State Oil (PSO) convened its Board of Management (BoM) meeting on Wednesday to review the company’s performance during the nine...
COVID-19: KP’s marble industry seeks compensation for losses
PESHAWAR: The marble industry of Khyber Pakhtunkhwa (KP) has urged the government to compensate for the losses incurred by them due to...
Big retailers assured of govt’s ‘all-out support’ during lockdown
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday appreciated the role that chain stores and tier-1 retailers played...
SCCI demands ‘rescue package’ for ailing CNG sector
PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) President Engr Maqsood Anwar Pervaiz on Wednesday demanded the government to announce a 'special...
Nishat Mills’ consolidated profit drops 14pc in 3QFY20
LAHORE: The Board of Directors of Nishat Mills Limited (NML) met on Wednesday to review the company's performance and announce its financial...
Khawaja Riffat Hassan appointed as NTDC managing director
LAHORE: The Ministry of Energy (Power Division) has appointed Dr Khawaja Riffat Hassan as Managing Director of the National Transmission and Despatch...
OGRA proposes Rs20.6 cut in petrol price
Price of HSD, kerosene and LDO likely to fall by Rs33.94, Rs44.07 and Rs24.57 per litre
Stocks extend rally with 605-point gain
KARACHI: Continuing with the positive trend from the previous session, indices of the Pakistan Stock Exchange (PSX) remained in the green zone...
‘Federal budget in 1st week of June, to focus on mitigating people’s sufferings’
Hafeez Shaikh says under the upcoming 'corona-budget', provision of cash, food and employment will be ensured for masses
Moody’s reduces growth forecasts for G20 economies
Moody's on Tuesday projected all G20 economies will contract by 4% in 2020 amid coronavirus, deeper than its previous forecast as restrictions...
APTMA Punjab flays DISCOs for charging GST, WHT
LAHORE: All Pakistan Textile Mills Association (APTMA) Punjab Chairman Adil Bashir has criticised the distribution companies (DISCOs) for charging General Sales Tax...
What ails cement sector now?
LAHORE: The country’s cement sector highlighted numerous factors which are causing heavy losses to the industry.
One of the leading cement players who did...