AEDB approves renewable energy policy draft
ISLAMABAD: The Alternative Energy Development Board (AEDB) has unanimously approved the draft Alternative Renewable Energy (ARE) Policy 2019.
The 46th board meeting of...
Remittances drop $79m in three months FY20
KARACHI: The State Bank of Pakistan (SBP) has said that the overseas Pakistani workers remitted $5,478.11 million in the first three months (July...
UK-Pak business conference to be held in December
RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) President Saboor Malik said on Thursday that the chamber would organise a UK-Pakistan "business...
Moody’s cuts growth forecast for India to 5.8pc
NEW DELHI: Moody’s Investors Service on Thursday cut its growth forecast for India for the fiscal year that began in April to 5.8pc...
Germany to grant €23.4m for social sector reforms in Pakistan
Germany will provide a technical grant of 23.4 million euros (Rs3.9 billion) to Pakistan in order to help the latter implement social...
US tariffs on China are working, says US Secretary of Commerce
SYDNEY: Tariffs are forcing China to pay attention to US concerns, Secretary of Commerce Wilbur Ross said in Sydney on Thursday.
Ross said...
Bulls dominate as KSE-100 surges 503 points
KARACHI: Bulls dominated the Pakistan Stock Exchange (PSX) on Thursday, as the indices drove north for almost the entire session, helping the KSE-100...
EU removes UAE, Switzerland from tax haven lists
LUXEMBOURG: European Union finance ministers agreed to remove the United Arab Emirates (UAE) and Switzerland from the bloc’s lists of countries deemed to...
India pursues China-led trade deal despite domestic opposition
NEW DELHI: India is pressing ahead with talks to join a China-led free trade pact, officials said on Thursday, despite the fears of...
World Bank to give $10 million to help solve Karachi’s waste problem
KARACHI: The World Bank on the recommendation of Sindh Chief Minister Syed Murad Ali Shah has allocated $10 million for helping solve...
Cabinet divided over privatisation programme; govt still shuffling the pack
ISLAMABAD: The cabinet has been divided over the privatisation of public sector enterprises which have been incurring a cumulative loss of Rs300...
LNG critical for country’s energy security, says Petroleum Division
ISLAMABAD: Petroleum division on Wednesday linked the country’s energy security with a consistent supply of liquefied natural gas (LNG), forewarning massive power...
FBR starts investigating tax evasion in steel sector
KARACHI: The Federal Board of Revenue (FBR) has launched a stocktaking drive in the steel sector to verify the reports that re-rollers/melting...
BBDO Pakistan ranked among top five agencies in Asia
In a first, the services of BBDO Pakistan have been recognised at the Cannes Lions Global Creativity Index. Ranked among the top...
FBR chief warns of stern action against fake invoicing
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi on Wednesday warned that stern action will be taken against fake invoicing.
Taking...