Indian stock gains to be limited in 2020 as economy slows
BENGALURU: Indian stocks are set to rise further over the coming year, according to a Reuters poll of equity strategists, but those...
Govt not to renew agreements with IPPs, NA body told
'Govt-owned power plants that are producing electricity on a higher rate will also be shut down within two years'
Oil falls after surprise US inventory build
NEW YORK: Oil fell about 1pc on Wednesday after a report showing US crude inventories grew unexpectedly last week and gasoline stocks surged,...
Pakistan spent Rs87.6bn in four years to ‘bailout’ PSM
ISLAMABAD: As the governments of Pakistan Muslim League Nawaz (PML-N) and Pakistan Tehreek-e-Insaf (PTI) have failed to decide about the fate of Pakistan...
ECC approves Rs30bn grant for sales tax refunds to exporters
ISLAMABAD: The Economic Coordination Committee (ECC) on Wednesday approved a technical supplementary grant of Rs30 billion for the FBR Refund Settlement Company...
AEDB, stakeholders discuss bidding process for wind projects
ISLAMABAD: A consultative workshop was organised by the Alternative Energy Development Board (AEDB) to discuss with the public and private sector stakeholders...
TDAP formulating strategy to facilitate exports: CEO
KARACHI: The Trade Development Authority of Pakistan (TDAP), in consultation with various stakeholders, was formulating an export strategy which would soon be submitted...
PM calls for public-private partnerships to boost growth
ISLAMABAD: Prime Minister Imran Khan on Wednesday directed the officials concerned to form partnerships with the private sector for the execution of...
Queen Maxima lauds fintech activities in Lahore
UN official appreciates services offered by Bykea, Tez Financial Services, Finja and GharPar
FPCCI laments decline in private sector credit
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Engr Daroo Khan Achakzai has shown his serious concern over the decline...
China’s industrial profits post steepest fall in eight months
BEIJING: Profits at China's industrial firms shrank at their fastest pace in eight months in October, tracking sustained drops in producer prices...
KSE-100 rises 327 points in volatile session
KARACHI: It was a partly cloudy day at the Pakistan Stock Exchange (PSX), as the indices remained volatile throughout the trading session...
Air India will have to close if not privatised: minister
NEW DELHI: India's state-run airline will have to cease operations if it is not privatised, the country's junior minister for civil aviation...
Govt opens up LNG sector, five companies plan to set up terminals
Following the introduction of ease-of-doing-business strategy by the government, as many as five private sector companies were planning to set up Liquefied...
How World Bank arbitrators mugged Pakistan
NEW YORK: Wall Street hedge funds and lawyers have turned an arcane procedure of international treaties into a money machine, at the...