Another IMF man joins SBP
ISLAMABAD: The government has appointed Murtaza Syed, an International Monetary Fund (IMF) employee, as deputy governor of the State Bank of Pakistan.
According to...
Huawei keeps strong R&D pace as 5th top investor worldwide
Huawei has been ranked fifth on the recently released 2019 EU Industrial R&D Investment Scoreboard as one of the biggest investors in...
‘Pakistan has no mechanism to check safety, standard of vehicles’
ISLAMABAD: A parliamentary committee, which wanted an update on the safety measures in locally manufactured/assembled vehicles, was surprised to know that there...
Gas crisis in Sindh, Balochistan to end soon, Senate body told
ISLAMABAD: The Senate's Standing Committee on Petroleum was informed on Monday that the ongoing gas crisis in the country, particularly in the...
Senate passes Regulation of Generation, Transmission and Distribution Bill 2019
ISLAMABAD: The Senate on Monday passed the Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill, 2019, unanimously.
Leader of the...
Wheat crisis: How to create a commodity shortage
As the nation reels from a shortage of basic commodities such as wheat flour, the graphic displayed above shows as to how...
Flour crisis: Govt approves duty-free import of 0.3m tonnes of wheat
–ECC allows wheat to be imported till March 31; first shipment to arrive by Feb 15
–Sindh govt to buy 0.4m tonnes of...
IMF cuts global growth forecasts as India falters, says bottom may be near
WASHINGTON: The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and other...
Punjab govt to cultivate sunflower across 210,000 acres this year
Govt introduces 'Rs5,000 subsidy’ and 'per-acre yield competition' for sunflower growers so as to decrease dependence on edible oil imports
Govt urged to release withheld refund payments to exporters
KARACHI: Hosiery manufacturers and exporters on Monday raised concerns over delay in some payments under the FBR’s Fully Automated Sales Tax e-Refund...
Textile industrialists get stay order on new power bills
LAHORE: Owners of textile export industries have managed to get the court's stay order on new power bills being prepared under new...
Bears dominate as KSE-100 drops 420 points
KARACHI: Pakistan Stock Exchange (PSX) witnessed a negative start to the trading week, as the indices remained in the red zone for almost...
Alice Wells, Razak Dawood discuss cooperation in agriculture sector
ISLAMABAD: Principal Deputy Assistant Secretary of State for South and Central Asian Affairs Alice Wells met Prime Minister Imran Khan’s Adviser for...
Rice exports surge 26.3pc in six months
ISLAMABAD: Rice exports from the country during the first half of current financial year grew by 26.30pc as compared the exports of...
Pakistani delegation reaches China for FATF meeting
ISLAMABAD: A high-level Pakistani delegation reached Beijing for important three-day face-to-face talks with the global money-laundering watchdog Financial Action Task Force (FATF)...