NRTC issued licence to manage tobacco tracking system

ISLAMABAD: Federal Board of Revenue (FBR) has granted a licence to National Radio Telecommunication Corporation (NRTC) at price of Rs731 per 1,000...

CPEC committee to take up ML-1 financing issue with China

ISLAMABAD: The Cabinet Committee on China-Pakistan Economic Corridor (CPEC) has decided to take up the financing issue of Main Line-I project with...

Softening demand drags Indian factory growth to two-year low in Oct

BENGALURU: India's factory activity growth hit a two-year low in October as new orders and output rose at a slower pace, dragging business...

Oil rises on hopes for US-China trade deal

LONDON: Oil prices rose on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic figures in both countries, including...

World Bank approves $1.9bn for Sindh projects

The World Bank has agreed to provide financial assistance of $1.93 billion to the Sindh government for various new projects, including the...

Feasibility study underway to set up gas storage facilities: SAPM

ISLAMABAD: Special Assistant to Prime Minister (SAPM) on Petroleum Nadeem Babar said on Friday that the government has initiated a feasibility study...

Footwear exports surge 26pc in 1QFY20

ISLAMABAD: Footwear exports from the country witnessed an increase of 26.3pc during the first quarter of the current financial year (1QFY20), as...

WTO panel rules India export subsidies illegal, upholds US case

GENEVA: A World Trade Organization (WTO) panel has ruled that Indian export subsidies are prohibited and should be removed, upholding a complaint...

PSX turns blind eye to political unrest; index up 173 points

KARACHI: Stocks continued to rally for the second consecutive session as the indices marched north throughout Friday, turning a blind eye to the...

‘Centre, provinces working closely on fiscal, taxation issues’

Dr Hafeez Shaikh says continuous dialogue between centre and provinces has resulted in better budget and expenditure management IMF mission chief...

‘Phase one trade deal with China is in good shape’

WASHINGTON: The initial "phase one" trade pact with China appears to be in good shape and is likely to be signed around...

Avanceon awarded multimillionaire dollar contract for port operations in GCC

KARACHI: Avanceon has been awarded a multimillionaire dollar contract for the “provision of state-of-the-art of Command and Control Centre for one of...

SBP allows electronic warehouse receipts as collateral for bank financing

KARACHI: State Bank of Pakistan (SBP) has amended its Prudential Regulations of Agriculture Financing, SME Financing, and Corporate and Commercial Banking by...

Ridding anti-wealth creation mindset a must for economic uplift: PM

ISLAMABAD: Prime Minister Imran Khan on Thursday while calling Pakistan’s improved ranking in ease of doing business a beginning, stressed his economic...

Govt determined to provide all possible facilities to business community: PM

ISLAMABAD: Prime Minister Imran Khan on Thursday said the government was determined to provide all possible facilities to the business community and...