Audit shows inconsistency of Rs307 billion in PSO
ISLAMABAD: The Auditor General of Pakistan (AGP) has found inconsistencies amounting to Rs307.57 billion in the financial affairs of the Pakistan State...
Large-scale manufacturing hits another low
ISLAMABAD: The large-scale manufacturing index (LSMI) shrank by 3.28 percent in the first month of the current fiscal year, showed Pakistan Bureau...
Shell Pakistan, Hyundai Nishat embark on landmark partnership
LAHORE: Shell Pakistan Limited and Hyundai Nishat Motor Private Limited have signed an agreement to ensure value for their customers. Bringing this...
IMF mission concludes visit; notes progress in key areas
Fund projects Pakistan's growth at 2.4pc for FY20; inflation to decline in the coming months
Pakistan warned of domestic and int’l...
Pakistan gives green light to five LNG terminal plans
ISLAMABAD: Pakistan has given the go-ahead to five consortiums, including Exxon Mobil, Royal Dutch Shell and Mitsubishi, to progress with their liquefied natural...
Saudi vows quick recovery despite damage to oil plant
KHURAIS: Saudi Arabia vowed Friday oil production will be quickly restored as it revealed extensive damage to the Khurais oilfield following weekend aerial...
US lifts tariffs on 400 Chinese products, Trump wants ‘complete’ trade deal
WASHINGTON: US President Donald Trump said his administration was “making a lot of progress” with China on Friday, as deputy-level trade talks...
Pakistan, US discuss ways to strengthen economic ties
ISLAMABAD: US Ambassador to Pakistan Paul Jones, along with other high ranking officers of USAID and US Bureau of International Narcotics and Law...
CPEC’s second phase to ensure poverty alleviation: minister
ISLAMABAD: Planning, Development & Reform Minister Makhdoom Khusro Bakhtiar said on Friday that the ongoing phase of CPEC would bring about socio-economic benefits...
National Investment Trust goes online
National Investment Trust Limited (NITL), Pakistan’s first and largest asset management company, has announced that all branches of NIT are now online,...
Blue-eyed officials ‘rule the roost’ in NEPRA
ISLAMABAD: Blue-eyed officials have been ruling the roost in the National Electric Power Regulatory Authority (NEPRA) allegedly in connivance with the top...
Minister apprises IMF delegation of power sector reforms
ISLAMABAD: A delegation of the International Monetary Fund (IMF), headed by it's Middle East and Central Asia Director Jihad Azour and mission chief...
KSE-100 lands in red amid volatility
KARACHI: Stocks failed to maintain the positive momentum of the previous session and landed in the red zone amid volatile trading on...
India gives companies $20.5bn tax break in bid to revive growth
PANAJI: India’s government slashed corporate taxes on Friday, giving a surprise $20.5 billion break aimed at reviving private investment and lifting growth from...
Import sales tax collection grows 15 percent
KARACHI: The sales tax collection at import stage registered 15 percent growth during the first two months of the current fiscal year,...