Trade deficit shrinks 28.4pc in seven months
The country's trade deficit witnessed a significant reduction during the first seven months (July-January) of the current financial year (FY20), shrinking by...
Shahtaj Sugar Mills reports 119pc surge in net profit
LAHORE: The net profit of Shahtaj Sugar Mills Limited (SHJS) increased by 119.4pc for the company's first quarter ended December 31, 2019.
According...
As China returns to work, it is hardly business as usual
BEIJING: The Chinese economy will sputter towards normal on Monday after the coronavirus outbreak forced an extended holiday, although numerous stores and...
Weekly inflation up 0.21pc
The Sensitive Price Indicator (SPI)-based weekly inflation (as on Feb 6) for the combined consumption group increased by 0.21pc as compared to...
China’s central bank to support virus-hit economy
BEIJING: China’s central bank will step up support for the economy to cushion the blow from a coronavirus outbreak, but activity is...
Govt to formulate new energy policy
ISLAMABAD: Minister for Energy Umar Ayub Khan has said that the government is taking measures to reduce electricity rates for consumers.
READ MORE:...
ADB approves $2 million to support combating coronavirus
MANILA: The Asian Development Bank (ADB) has approved two million dollars in funding to support efforts to curb spread of the coronavirus.
In...
Govt to speed up disbursement of funds for uplift projects: Shafqat
LAHORE: The Prime Minister Imran Khan-led government of Pakistan Tehreek-e-Insaf (PTI) will speed up disbursement of funds for development projects, said Federal...
AirSial given yet another chance to fly
ISLAMABAD: The government has once relaxed policy for new airline AirSial which is expected to launch flight operations in the current year,...
China virus shuts world’s biggest car factory
SEOUL: The most productive car factory in the world fell quiet on Friday as South Korea’s Hyundai suspended operations at its giant...
Food prices to stabilise in coming months, minister tells IMF
Islamabad: Federal Minister for National Food Security and Research Makhdum Khusro Bakhtiyar has said that bumper wheat crop is expected this year...
Major stock markets fall due to fear of China virus
NEW YORK: Global stocks mostly fell Friday as investors pocketed profits from this week´s rallies, despite data showing a surge in US...
PM Imran orders IT roadmap, launch of 5G spectrum
ISLAMABAD: Prime Minister Imran Khan has directed formulating a comprehensive road-map for development of information technology (IT) sector in the country within...
Aviation minister touts PIA revenues
ISLAMABAD: Minister for Aviation Ghulam Sarwar Khan on Friday said that the income of Pakistan International Airlines (PIA) has increased, adding that the...
Sindh likely to ask FBR to collect withholding tax itself
KARACHI: The Sindh government is thinking that the Federal Board of Revenue (FBR) should be told that the provincial Motor Vehicle Registration wings...