Bulls toss benchmark index above 42,000 level
KARACHI: Stocks continued their winning streak for third day on Wednesday, with the benchmark index crossing the 42,000-mark supported by upbeat investor...
Pakistan seeks to earn $210m from kinnow export this season
ISLAMABAD: Expecting to export an additional 50,000 metric tonnes (MT) of kinnow, exporters have set a target of exporting 350,000MT of the...
November inflation eases to 8.3pc
The Consumer Price Index (CPI)-based monthly inflation decelerated to 8.3pc in November 2020, from 8.9pc in October mainly due a slight decrease...
China’s Ant considers Paytm stake sale amid tensions with India
HONG KONG/NEW DELHI: Chinese fintech giant Ant Group is considering selling its 30pc stake in Indian digital payment processor Paytm amid tensions...
Stocks eye peaks on vaccine progress, dollar near two-and-a-half-year low
LONDON: World stocks skirted towards record highs on Wednesday on the prospect of a coronavirus vaccine and additional US economic stimulus, though...
SBP issues regulatory framework to facilitate B2C e-commerce exports
LAHORE: The State Bank of Pakistan (SBP) has issued a regulatory framework to facilitate Business-to-Consumer (B2C) e-Commerce exports from Pakistan.
The central bank...
ECC approves gas supply to PSM, ends regulatory duty on cotton import
LAHORE: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the release of Rs410-million grant to the Sui Southern Gas...
KP traders allege high-handedness by district admins on pretext of Covid-19 SOPs
PESHAWAR: The Khyber Pakhtunkhwa (KP) traders' community has accused district administrations of high handedness, imposition of 'unjustified' heavy fines, undue arrest, and...
Punjab E&T dept collects Rs430m property tax till Nov
MULTAN: The Punjab Excise, Taxation and Narcotics Control Department till November collected Rs430 million out of the Rs675 million property tax set...
EU lawmaker warns of risks from UK ‘hasty’ approval of Pfizer Covid vaccine
BRUSSELS: Britain’s emergency approval of the experimental COVID-19 vaccine being developed by Pfizer and BioNTech is “problematic” as it was done too...
Biden says will not kill Phase 1 trade deal with China immediately: NYT
WASHINGTON: Joe Biden will not immediately cancel the Phase 1 trade agreement that President Donald Trump struck with China nor take steps...
HBL digitises personal loans – another win for banking in Pakistan
LAHORE: In a world that is quickly shifting to a virtual environment, everyone and everything has found a new identity. HBL’s advanced...
Cabinet approves $150m, sets criteria to procure Covid vaccine
ISLAMABAD: The federal cabinet has approved $150 million grant for the procurement of Covid-19 vaccine, besides setting the criteria for the same.
This...
Congestion at Karachi Port hampering cement exports
ISLAMABAD: Deep draft berths at Karachi Port are currently occupied by wheat importing vessels, owing to which the export of cement is...
Two PIA officers arrested in fake degrees scam
The Federal Investigation Agency (FIA) on Tuesday arrested two Pakistan International Airlines (PIA) officers involved in a fake degrees scam.
As per details,...