US gives Huawei 90 day reprieve on ban
WASHINGTON: The United States gave Huawei a 90-day reprieve Monday on a ban against buying US technology, but added nearly four dozen subsidiaries...
Communications ministry sees 52pc growth in revenue
ISLAMABAD: The Ministry of Communications has registered over 52 per cent increase in its annual revenue during the first year of the...
Audit finds senior MoF official’s appointment to be irregular
ISLAMABAD: The Ministry of Finance's Economic Reforms Unit director general has been working illegally, it emerged on Monday.
Documents available with this scribe...
Bank Alfalah’s pre-tax profit surges 14pc in first half
The Board of Directors of Bank Alfalah Limited, in its meeting held recently in Abu Dhabi, approved the bank's unaudited interim financial...
RCCI calls for efficient mechanism to control cross-border smuggling
Rawalpindi Chamber of Commerce and Industry (RCCI) President Malik Shahid Saleem on Monday urged the government to adopt modern technology and strict...
Car sales drop 42pc in July
LAHORE: Auto sales witnessed a significant decline of 29pc in the first month (July) of the fiscal year 2019-20, as compared to...
Pakistan’s trade balance improves 19pc in one year
ISLAMABAD: Pakistan trade balance has improved by 19pc, as the deficit declined from $37.6 billion to $30.6 billion during the last fiscal...
Vegetable imports fall 13.2pc in FY19
ISLAMABAD: The import of vegetable products into the country decreased by 13.20pc during the financial year 2018-19 as compared to the corresponding period...
German economy could continue to shrink: Bundesbank report
The German economy could have continued to shrink over the summer as industrial production drops amid a dearth of orders, the central...
Govt launches ‘Kamyab Jawan’ programme for youth uplift
ISLAMABAD: Prime Minister’s Youth Affairs Programme has launched the ‘Kamyab Jawan Programme’ for the socio-economic development of the country's youth.
According to an...
US economists expect recession in 2020 or 2021: survey
A majority of economists expect a US recession in the next two years, but have pushed back the onset amid Federal Reserve...
KSE-100 breaks 8-day losing streak, gains 797 points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) breathed a sigh of relief as their trade screens turned green on Monday.
Indices started...
Trump ‘not ready’ for China trade deal, dismisses recession fears
WASHINGTON: US President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying they saw little...
CPHGC declares COD for 1,320MW plant
ISLAMABAD: While claiming to inject a total of 9 billion kWh of electricity to the national grid every year, China Power Hub...
IMF deal, reduced imports, increased number of tax filers among major wins for PTI
---Finance ministry claims presenting budget 2019-20 with pro-poor expenditure through different programmes as govt's achievements
ISLAMABAD: As the Pakistan Tehreek-e-Insaf (PTI) led government...