Govt initiates probe into power projects

ISLAMABAD: The government's Inquiry Commission on Loans has initiated inquiries against the power projects and has sought a detailed response from the National...

Pakistani businessmen invited to invest in Afghanistan

Commercial Attaché says by investing in Afghanistan, Pakistani investors can get easy access to the Central Asian markets ISLAMABAD: Commercial Attaché of Afghanistan...

SECP defies govt’s meritocracy claims

'SECP's insurance commissioner lacks sector-specific experience and qualification' ISLAMABAD: Amid government's claims of establishing a system of meritocracy, an irregular officer has been...

Disgraced US financier Jeffrey Epstein commits suicide in prison

US financier Jeffrey Epstein, indicted on charges he trafficked underage girls for sex, committed suicide in prison, US news media reported Saturday. Epstein,...

Apple loses more ground in smartphone market

Apple lost more ground in the shrinking smartphone market last quarter, with a sales tracker saying the tech giant was pushed off...

EETL denies corruption accusations, says ready to cooperate with NAB

Apropos to the NAB press release issued on Friday, Engro Elengy Terminal Limited has stated that the company has always been supportive...

High energy costs hampering Pakistan’s cement exports

'Increased govt levies are encouraging unscrupulous elements to import under-invoiced Iranian cement' LAHORE: Pakistan has been losing a major share of its...

IMF warns increasing US tariffs could cut China growth sharply

WASHINGTON: China's economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even...

China to push to attract more high-tech manufacturers

BEIJING: China will push to attract more high-tech manufacturers to set up in the world's No.2 economy, the nation's commerce ministry said...

‘Govt focusing on diversification of export products’

Adviser to Prime Minister on Commerce Abdul Razak Dawood has said that the incumbent government is focusing on diversification of export products...

Trump says US economy ‘handcuffed’ by Fed

WASHINGTON: US President Donald Trump on Friday called on the Federal Reserve to lower interest rates by a full percentage point, saying the...

Govt formally suspends bilateral trade with India

ISLAMABAD: The federal cabinet, in its meeting held under the chair of Prime Minister Imran Khan on Friday, approved complete suspension of...

Brexit turmoil drives UK economy towards recession

LONDON: Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on...

FBR warns public against unregistered businessmen charging sales tax

The Federal Board of Revenue has revealed that the general public has reported complaints against the businessmen who are charging sales tax...

No gas connections for unregistered consumers: FBR

Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has sent letters to the managing directors of Sui Northern Gas Pipeline Limited...