UK pledges £30 billion to protect economy from coronavirus
LONDON: Britain launched a 30 billion-pound economic stimulus plan just hours after the Bank of England slashed interest rates, a double-barrelled package...
FBR asked to address ‘undue delays’ in sales tax refunds
Exporters demand restoration of zero-rated regime, as 'textile sector is facing serious cash flow issues'
Europe’s auto industry shuts factories, slashes output as virus hits
BARCELONA/MILAN: Europe’s major car and parts makers rushed on Wednesday to close factories and cut output in Italy and considered sending workers...
KSE-100 fails to sustain gains, closes in red
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday, as the indices failed to sustain gains accumulated in...
SECP takes steps to increase investors’ protection
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken range of measures in the year 2018-19 to identify and address...
Saudi Arab to boost oil output capacity by 1m barrels per day
JEDDAH: Saudi energy giant Aramco said Wednesday it plans to raise its production capacity by one million barrels per day to 13...
Market rout costs Asia’s richest man Ambani almost $6b
NEW DEHLI: India’s Mukesh Ambani lost his crown as Asia’s richest person after the latest rout across global markets wiped almost $6...
AGP stresses audit officers to play vital role for financial management
LAHORE: Auditor General of Pakistan Javaid Jehangir has said that the responsibilities of the officers of Pakistan Audit and Accounts Service have...
ECC to approve $6m private sector investment in Saudi firm SIW
ISLAMABAD: After green signal by the State Bank of Pakistan, the Economic Coordination Committee (ECC) of the cabinet is all set to...
Shabbar’s health places govt in a blind alley
ISLAMABAD: Rumours have started swirling as Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has reportedly not joined the board again.
It has...
PSX celebrates International Women’s Day
KARACHI: Eighteen Pakistani women professionals from various sectors of the economy rang the bell to open trading at the Pakistan Stock Exchange...
PM orders comprehensive strategy to reduce petrol, diesel prices
ISLAMABAD: Prime Minister Imran Khan has directed for comprehensive planning and strategy with mutual coordination of all the departments concerned to bring...
Cabinet decided not to do trade with India
ISLAMABAD: Prime Minister Imran Khan has directed for uniform pay scales of government employees to avoid discrimination.
Briefing media on cabinet decisions in...
PM Imran to lay foundation stone of 7 housing projects today
ISLAMABAD: Prime Minister Imran Khan will lay the foundation stone of seven housing projects, envisaging construction of 20,000 housing units at the...
Banks can auction mortgaged property without court decree, LHC rules
LAHORE: A Lahore High Court (LHC) five-member bench on Tuesday rejected petitions challenging the reintroduction of Section 15 of the Financial Institutions (Recovery...