Asian markets extend gains on glimmers of hope in coronavirus fight
Equities rose again Tuesday as investors seized on signs of a slowdown in the spread of the coronavirus in key hot spots...
Oil prices rebound on hopes for output cut deal
Oil prices rebounded Tuesday on fresh hopes an OPEC-led meeting this week will reach an agreement to reduce oversupply and shore up...
IMF postpones approval of review for $450m third tranche
ISLAMABAD: In the wake of situation emerging due to coronavirus and changing economic scenario,the International Monetary Fund (IMF) has delayed second review...
Saudi employers given green light to cut wages, working hours
JEDDAH: In a major development, private-sector employers in Saudi Arabia whose businesses have been affected by the coronavirus pandemic have been told...
SBP starts helpline service for customers in wake of Covid-19
KARACHI: The State Bank of Pakistan has come up with helpline service for bank customers in case their queries or complaints not...
Panic buying, trade curbs cause shortages of Covid-19 drugs in EU
BRUSSELS: Hospitals in the European Union are facing shortages of critical drugs to treat COVID-19 patients because of trade restrictions and excessive...
OPEC and allies likely to cut production if US joins cuts: sources
The group of oil producers known as OPEC+, including Saudi Arabia and Russia, are likely to agree to cut production at a...
Balochistan govt slashes Rs1.48bn in taxes to help cope with coronavirus
QUETTA: The Balochistan government on Monday slashed several provincial taxes worth Rs1.484 billion during the current financial year to help citizens cope with...
JDW shares nosedive after damning inquiry report
The share price of Jahangir Tareen’s JDW Sugar Mills Limited fell Rs21.05 on Monday after the prime minister’s inquiry committee, which was...
Cabinet may exempt PM’s COVID-19 relief fund from income tax
ISLAMABAD: Amidst the outbeak of coronavirus in the country, the federal cabinet is likely to exempt the 'Prime Minister's COVID-19 Pandemic Relief...
SNGPL allows domestic consumers to pay March bill in instalments
In the wake of coronavirus outbreak in the country and in line with the directive of the federal government, Sui Northern Gas...
Abrarul Haq ‘stole’ idea of PRCS Muhafiz app, tech company alleges
Red Crescent Society denies allegation, says organisation above commercial interest
SBP extends refinance facility for hospitals, creates helpline
KARACHI: The State Bank of Pakistan has introduced further relaxations in the ‘Refinance Facility to Combat COVID-19’ hospital scheme, and started a...
Electric vehicle policy to be revised after tussle between two ministries
ISLAMABAD: Following a meeting of the ‘Special Committee on Electric Vehicle (EV) Policy’, the concerned ministries and institutions have agreed to revise...
Vegetable exports surge 71pc to $236m
ISLAMABAD: Vegetable exports from the country during the first eight months of current financial year witnessed an increase of about 71.8pc as...