India’s internet shutdowns costing millions of rupees in lost revenue
NEW DELHI: Indian mobile operators are losing around 24.5 million rupees ($350,000) in revenue every hour they are forced to suspend internet services...
ICCI stresses need to facilitate industrial zones
ISLAMABAD: Developed countries had achieved fast economic growth by setting up industrial zones, but industrial activities in Islamabad were suffering at the hands...
PM urges traders to help ensure economic stability
Prime Minister Imran Khan said on Friday that promotion of economic activities and bringing people out of poverty were among the top...
China fines Toyota 87.6m yuan over Lexus price-fixing
BEIJING: China's market regulator on Friday has fined Japanese carmaker Toyota Motor (7203.T) 87.6 million yuan ($12.5 million) for price-fixing on its...
Corruption rife in Customs as one official mints ‘Rs700m per month’
ISLAMABAD: Prime Minister Imran Khan's startling revelation that a Customs collector was illegally earning an exorbitant amount of Rs700 million per month...
Oil steadies near 3-month highs on US, Chinese economic data
LONDON: Oil prices steadied on Friday, hovering just under three-month highs as upbeat economic data from China and the United States and optimism...
Poultry sector hits all-time low in 2019
KARACHI: The year 2019 has turned out to be another low-growth year for Pakistan's poultry sector, which is at its all-time low,...
‘E-office system to be activated in all ministries’
ISLAMABAD: In a bid to digitise the governance process, the incumbent government has introduced E-Office in 31 ministries, while activation of online application...
Turkey unveils $3.7bn home-grown electric car project
ISTANBUL: Turkey said it plans to produce up to 175,000 vehicles annually under its domestic electric car project, set to be unveiled...
‘Govt has returned $10bn in foreign loans’
KARACHI: Adviser to PM on Finance Abdul Hafeez Shaikh said on Friday the government had, so far, returned $10 billion worth of...
Pharma exports up 8.6pc in five months
ISLAMABAD: The export of pharmaceutical products during the first five months of the financial year 2019-20 grew by 8.66pc as compared to the...
NAB won’t nab you now, PM Imran assures businessmen
PM says amended NAB Ordinance will insulate business community from accountability watchdog
KSE-100 drops 279 points in volatile session
KARACHI: Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Friday, with the KSE-100 Index failing to sustain gains and closing...
NEPRA approves Rs1.56 per unit hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs1.56 per unit increase in the power price on account of fuel...
Corporate governance weak in public sector banks: SBP
Need to rationalize the shareholding structure of banks to minimize the undesirable role of governments in their affairs, says Reza Baqir
ISLAMABAD:...