China-auto industry

China’s auto industry wastes no time coaxing drivers back to showrooms after lockdown

BEIJING: China’s auto industry has gone from zero to sixty in its post-pandemic campaign drive, with manufacturers and dealers quick to woo...

Petroleum Division says POL prices to remain intact for April

ISLAMABAD: The government on Friday made it clear that oil prices would remain unchanged for the month of April this year. In a...

Weekly inflation drops 1.25pc  

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation (as on March 26) for the combined consumption group witnessed a decrease of 1.25pc...

CNG price reduced by Rs9 for Punjab, Islamabad

ISLAMABAD: The All Pakistan Compressed Natural Gas Association (APCNGA) on Friday announced to reduce the commodity price by Rs9 per liter for...
Hammad Azhar

Hammad perturbed over declining imports and exports amid virus crisis

ISLAMABAD: Federal Minister for Economic Affairs Hammad Azhar Friday voiced concern over declining imports and exports of the country in the aftermath...

CCoE for enhancement of oil storage capacity

ISLAMABAD: The Cabinet Committee on Energy (CCoE) on Friday asked the concerned ministry to take necessary steps and enhance the national storage...

Telcos call for ease in restrictions as lockdowns disrupt services

ISLAMABAD: As the usage of internet has increased 15pc due to lockdowns imposed across the country, the service providers are finding it...

Chemical manufacturers demand 5pc interest rate to arrest business losses

LAHORE: The Pakistan Chemical Manufacturers Association (PCMA) has demanded the central bank to reduce the key interest rate to 5 per cent...

Stocks stage 842-point comeback rally

KARACHI: The Pakistan Stock Exchange (PSX) took a much needed breather on Friday, with the benchmark KSE-100 Index recovering some of the...

MoC lauded for safeguarding textile sector amid corona crisis

LAHORE: The textile industry on Friday lauded the timely measures taken by the Ministry of Commerce (MoC) in resolving its issues, including...

SBP launches online portal for FX-related cases

KARACHI: The State Bank of Pakistan has launched a Regulatory Approval System (RAS) for cases related to foreign exchange policy and operations,...
India central bank

India’s central bank cuts benchmark rate to decade-low 4.4pc

NEW DELHI: India’s central bank on Friday cut its key interest rate by a sizable 75 basis points to 4.4pc from 5.15pc...
Urea fertiliser

Sindh govt exempts pesticide, fertiliser, seed outlets from lockdown

Provincial Minister for Agriculture Ismail Raho has said that the Sindh government has decided to exempt pesticide, fertiliser and seeds outlets from...

Qureshi reiterates Pakistan’s call for debt relief for developing countries  

Amid coronavirus spread across the globe, Foreign Minister Shah Mahmood Qureshi has reiterated Prime Minister Imran Khan's call for debt relief and...

COVID-19: Atlas Honda shuts factories, showrooms

The Atlas Honda Limited has stopped its operations from March 24 from both factories, regional offices and showrooms till further notice, said...