Coronavirus: Fear returns to global stock markets
Global stock markets have fallen sharply as investors continue to worry about the broader economic effects of the coronavirus.
London's FTSE 100 share...
Stocks plunge over 1,100 points amid growing coronavirus concerns
KARACHI: In line with global market trends, the Pakistan Stock Exchange (PSX) witnessed a lacklustre session on Friday, with the KSE-100 nosediving over...
FBR’s arm identifies benami property worth billions in Karachi
ISLAMABAD: The Federal Board of Revenue (FBR)’s Anti-Benami Zone-III has unearthed another benami property worth billions of rupees in the most expensive area...
Rasheed for private sector investment in railway’s upgradation
ISLAMABAD: Minister for Railways Sheikh Rasheed Ahmed has said that the government is encouraging the private sector to invest and participate in...
Coronavirus to have significant economic impact on developing Asia: ADB
MANILA:The ongoing novel coronavirus (COVID-19) outbreak will have a significant impact on developing Asian economies through numerous channels, including sharp declines in...
Exporters pushed from pillar to post for refund claims
ISLAMABAD: Despite tall claims of the Pakistan Tehreek-e-Insaf (PTI) government, exporters are pillar to post for sales tax refund as the Federal...
Virus hit to aviation industry may top $113 billion in 2020
NEW YORK: Airlines could lose up to $113 billion in revenues this year due to the coronavirus, equivalent to the damage experienced...
Govt mulling to reduce interest rate: Awan
ISLAMABAD: Special Assistant to Prime Minister on Capital Development Authority (CDA) Ali Nawaz Awan has said that the incumbent government is focusing...
Current agreement with IMF to be last one: Asad Umar
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar on Thursday said that the current arrangement under the Extended Fund Facility...
PM orders ’emergency’ measures to address energy, petroleum woes
ISLAMABAD: Prime Minister Imran Khan on Thursday ordered to devise an emergency programme to address the energy and petroleum sectors' challenges and to...
NGOs, state entities ineligible for SMEDA grant
LAHORE: The Small Medium Enterprise Development Authority (SMEDA) has excluded non-governmental organizations (NGOs) and all government organisations from availing an organisational grant...
Govt mulls selling 10pc OGDCL shares
The federal government on Thursday mulled over the plan to sell out 10 per cent shares of the Oil and Gas Development...
Huawei to strengthen foothold in Pakistan with Y7p launch
LAHORE: Huawei, a global frontrunner of innovative technology, is poised to introduce HuaweiY7p in Pakistan to build a ‘Huawei ecosystem’ as it steps...
Non-banking financial sector’s asset size contracts 7pc to Rs1,140bn
ISLAMABAD: The asset size of non-banking financial (NBF) sector decreased by 7.15 per cent during the year 2018-19.
According to the annual report...
Sindh govt pledges to enhance cotton production
APTMA says willing to pay cotton cess per bale, provided the funds are utilised only for research purposes