Fear of China virus continues to pressure global stock exchanges
NEW YORK: Major US stock indices finished at fresh records on Monday, shrugging off worries about the coronavirus that pressured other equity...
FBR, Iran customs sign MoU for electronic exchange of data
ISLAMABAD: The Federal Board of Revenue (FBR) and Iran Customs have signed a Memorandum of Understanding (MoU) for electronic exchange of data.
The...
Punjab govt mulls abolishing 50 taxes to facilitate businesses
LAHORE: Punjab Finance Minister Makhdoom Hashim Jawan Bakht said on Monday that in order to facilitate businesses across the province, an internal...
Industries should be given tax-free gas, apex court suggests
ISLAMABAD: The Supreme Court (SC) on Monday said that the agriculture sector and industries should be provided tax-free gas.
A three-member bench of the...
SECP sees ‘no insider trading’ in OGDCL shares
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has found no insider trading in the shares of the Oil & Gas...
Indian inflation likely to hit six-year high in Jan
BENGALURU: Indian retail inflation likely rose to a near six-year peak in January as food prices stayed high, according to a small...
ECC ratifies ban on sugar exports to ‘keep prices in check’
Committee rejects PM's decision to import sugar through private sector, as 'adequate stocks' are available in the country
Govt looks to curb inflation with Rs15bn relief package
–Meeting chaired by PM Imran decides to open 50,000 new utility stores across Pakistan
–Subsidised food items will be available to people from...
‘Pak-Africa trade has potential to touch $8bn mark’
ISLAMABAD: Commerce Secretary Ahmed Nawaz Sukhera said on Monday that Pakistan wanted to double its trade with African region from $4 billion...
Pakistan to sow oilseeds across 500,000 acres this year
Govt aims to reduce import bill of edible oil by $345m
‘Pakistan Post to become country’s largest banking network by Dec’
The National Assembly was informed on Monday that Pakistan Post would "become the largest banking network of the country" by December this...
Thai delegation invited to explore Pakistan’s energy sector
ISLAMABAD: Federal Minister for Power and Petroleum Omar Ayub Khan on Monday said the government was offering investment opportunities worth $80 billion...
General Motors to restart production in China from 15th
BEIJING: General Motors said on Monday it would restart production in from Feb 15 in China, where the country is dealing with...
OGRA notifies hike in RLNG prices
‘This will ultimately result in increasing the price of electricity, as RLNG is a major contributor to power generation’
Alibaba offers $2.86bn in loans to firms hit by coronavirus outbreak
SHANGHAI: Alibaba Group Holdings said on Monday its affiliate Ant Financial's WeBank unit would offer 20 billion yuan ($2.86 billion) in loans...