Steelmakers feel the heat of rising input costs
ISLAMABAD: The drastic increase the prices of raw material has created a crisis-like situation in the struggling steel sector of Pakistan, as...
China bails out Pakistan to repay $1bn Saudi debt
Pakistan will repay $2 billion loan to the Kingdom of Saudi Arabia (KSA) as per the repayment schedule.
According to the people familiar...
LHC orders govt to make petroleum commission report public
LAHORE: The Lahore High Court (LHC) on Monday ordered the government to immediately make public the commission's report on petroleum crisis.
A report of...
Google, YouTube and Gmail back after worldwide outage
Google services, including YouTube, Gmail and Google Drive, were restored for most users on Monday, following a global outage that affected thousands.
Updating...
Bulls dominate PSX as benchmark index accumulates 795 points
KARACHI: Bulls continued to charge relentlessly on Monday, with the indices accumulating gains all day long amid surge in market volumes.
Global equity...
Govt to appoint CEOs of DISCOs, MDs of gas utilities
ISLAMABAD: The federal cabinet on Tuesday would start the process for appointment of pertinent chief executive officers (CEOs) of power distribution companies...
NEPRA approves Rs1.11 per unit hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Monday approved Rs1.11 per unit hike in power tariff on account of variations...
Govt criticised for delaying purchase of LNG despite gas shortages
PESHAWAR: Businessman and Awami National Party (ANP) senior leader Ilyas Ahmad Bilour has criticised the government and Ministry of Petroleum for delaying...
Covid-19 slashes KP honey production by 60pc
PESHAWAR: Honeybee keepers in Khyber Pakhtunkhwa (KP) have been hit hard by the coronavirus pandemic, leading to almost 60 per cent reduction...
Indian farmers step up pressure with hunger strike against reforms
NEW DELHI: Leaders of protesting Indian farmers began a one-day hunger strike on Monday against agricultural reforms they say threaten their livelihoods,...
Tractor production up 19.8pc in July-Nov period
ISLAMABAD: Production of farm tractors increased 19.83pc to 19,041 units during the first five months (July-November) of the current financial year (FY2020-21), as...
Pakistan, Tanzania sign MoUs to enhance economic relations
ISLAMABAD: Pakistan and Tanzania have signed two Memorandum of Understanding (MoUs) to enhance coordination in economic fields and elevate bilateral relations to...
First Virgin Atlantic flight lands at Lahore airport
A week after landing a direct flight from Manchester to Pakistan, Virgin Atlantic landed its first flight at the Lahore International airport...
Reddit to buy TikTok rival Dubsmash
SANFRANCISCO: Social network firm Reddit said here on Sunday it would buy short-video platform Dubsmash, becoming the latest company to expand in a...
China urges US to stop abusing state power to crack down on foreign firms
BEIJING: China on Monday urged the United States to stop abusing state power to crack down on foreign companies, after Nasdaq said...