ECC approves release of 650,000 tonnes wheat to KP, Sindh and Balochistan

ISLAMABAD: The Economic Coordination Committee (ECC) has given a go-ahead for the release of 650,000 tonnes of wheat from PASSCO stocks to...

Amazon pumps in more than $600m into India units

BENGALURU: Amazon.com Inc has invested around Rs45 billion ($634.20 million) into its Indian subsidiaries as the Seattle-based e-commerce giant ramps up operations...

Lucky Cement posts Rs1.27bn net profit for Q1FY20

On a consolidated basis, Lucky Cement Limited reported a net profit after tax of Rs1.27 billion after taking out Rs0.25 billion attributable...

President stresses modern techniques to uplift agri sector

President Dr Arif Alvi has stressed the need to adopt modern agricultural techniques with the support of China to improve the country’s...

Govt gives in to traders’ demands

Traders with annual turnover of Rs100m will have to pay 0.5pc in tax No action against CNIC violation till Jan 2020 ...

CDWP approves seven projects worth Rs26.1bn

ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved seven projects worth Rs26.1 billion and recommended three projects worth Rs52.2 billion...

OGRA proposes Re1 per litre hike in petrol price

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has worked out new prices of petroleum products (POL) for the month of November...

NEPRA postpones hike in power tariff, seeks explanation from CCPA

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has postponed the proposed Rs2.97 per unit hike in power tariff till next Tuesday and...

EDB invites stakeholders to discuss National EV Policy

KARACHI: The Engineering Development Board (EDB) has called a consultative meeting on November 1 at the Pakistan Industrial Development Corporation (PIDC) to discuss...

KSE-100 closes flat in range-bound trading

ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed another range-bound trading session on Wednesday, as the indices swung both ways in search of...

Apple mobilises suppliers to unveil first 5G iPhones

Apple Inc is mobilizing suppliers to launch its first 5G iPhone range, the Nikkei Asian Review said on Wednesday. "It will be the...

FM Qureshi for enhancing Pak-Cuba economic cooperation

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has underlined the need for enhancing economic cooperation and people to people exchanges between Pakistan and...

SAARC chamber for encouraging young entrepreneurs to achieve economic targets

ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI) on Monday said Pakistan should focus on encouraging its youth towards entrepreneurship for improving...

Rice exports to be increased to $5 billion in five years: Razak Dawood

ISLAMABAD: Adviser to Prime Minister on Commerce, Industries and Production, Textile and Investment Abdul Razak Dawood on Monday said rice was the...

Hafeez Shaikh accepts textile exporters’ sales tax refund demand

ISLAMABAD: Advisor to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh on Tuesday accepted the demand of textile exporters, allowing...