Millat Tractors’ profit falls 46pc in 3QFY20
LAHORE: The Board of Directors of Millat Tractors Limited (MTL) met on Monday to review the company's performance and announce its financial results...
PSX turns bearish; index sheds 491 points
KARACHI: The Pakistan Stock Exchange (PSX) closed the first trading session of Ramzan on a negative note, with the benchmark KSE-100 Index...
FFC profit surges 128.57% in 1QCY20
LAHORE: The Board of Directors of Fauji Fertilizer Company Limited (FFC) met on Monday to review the company's performance and announced its financial...
Rs75b allocated to provide relief to labourers, daily wagers: Hammad
Minister for Industries and Production Hammad Azhar has said that the government has allocated Rs 75 billion to provide relief to labourers...
US firms see worst outlook since financial crisis: survey
US businesses hit by the coronavirus are reporting declines in sales and investment for the first time since the 2008 global financial...
Pak-China Joint Working Group holds second meeting on agriculture
The agriculture ministries of Pakistan and China have jointly convened the second meeting of the Joint Working Group to further deepen the...
Industrialist Mehtab Chawla dies after being diagnosed with coronavirus
Renowned industrialist Mehtab Uddin Chawla died of the complications from coronavirus on Sunday at a private hospital, a local media reported.
He was Chairman...
Issuance of agri loans to small farmers underway in Punjab
The issuance of agriculture loans to small farmers is in progress in Punjab. According to a spokesman of the Agriculture Department, agri...
Lotte Chemical suspends plant operations amid Covid-19 lockdown
The Lotte Chemical Pakistan Limited (LOTCHEM) has temporarily suspended its plant operations until further notice, informed the company in a statement to...
Oil falls on storage woes in virus-hit market
US oil prices fell heavily Monday on renewed concerns over storage capacity as the coronavirus throttles demand, even as producers start slashing...
Asian shares gain as BOJ announces more stimulus steps
Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of...
CDNS achieves collection target of Rs169b
The Central Directorate of National Savings (CDNS) has achieved a collection net target of Rs169 billion by April 24 of the fiscal...
Little suspense as Fed meets with US economy in crisis
WASHINGTON: The Federal Reserve already cut its benchmark lending rate to zero and made unprecedented moves to bolster liquidity as the coronavirus...
Indian govt brushes off tax officers’ proposal for coronavirus tax on super rich
MUMBAI: A group of Indian Revenue Service officers have recommended taxing the super rich, and foreign companies, to help pay for the...
Airbus survival at stake without immediate action: CEO memo
PARIS: European planemaker Airbus has issued a grim assessment of the impact of the coronavirus crisis, telling the company’s 135,000 staff to brace...