Asad Umar steps down as finance minister
ISLAMABAD: Asad Umar on Thursday announced his decision to leave the post of federal finance minister.
Umar took to Twitter and wrote, “As...
Digitisation critical to ensure transparency in businesses: PM
ISLAMABAD: Prime Minister Imran Khan said on Wednesday that digitalization was critical to ensuring efficiency and transparency in the conduct of official businesses.
He...
India’s Jet Airways to suspend operations after banks reject funding request
MUMBAI/NEW DELHI: India's embattled Jet Airways Ltd is set to temporarily halt operations from Wednesday onward after its lenders rejected the airline's plea...
ECC constitutes committee to oversee implementation on Ramadan Package
Finance minister says budgetary needs of many organisations were not assessed properly during the preparation of last year's budget
ISLAMABAD: The Economic...
Pharma industry decides to slash prices of 395 essential drugs
'Prices will not increase if rupee remains stabilised, utility prices are maintained and rate of inflation is controlled'
KARACHI: Pakistan Pharmaceutical Manufacturers' Association...
Wheat stock estimated at 28.16m tonnes, well over national requirements
ISLAMABAD: The Federal Committee on Agriculture (FCA) was informed that wheat production for 2018-19 has been estimated at 25.16 million tonnes from an...
CPEC to enter ‘new era’ after PM Khan’s visit to Beijing: envoy
'All countries are welcome to join the development of Pakistan's economy'
ISLAMABAD: Chinese Ambassador Yao Jing said on Wednesday that the upcoming visit...
K-Electric asked to reduce time period for provision of new connections
ISLAMABAD: Prime Minister Imran Khan on Wednesday directed K-Electric to reduce to one month the time period of providing new electricity connections.
The prime...
US firms in China frustrated, business lobby says
BEIJING: American firms in China remain frustrated and are growing more pessimistic about their prospects in the country, a top business lobby said...
Senate panels dismayed over absence of ministers in meetings
Senator Sherry Rehman deplores the performance of planning ministry, says it is not China's job to create an investment-friendly environment in Pakistan
ISLAMABAD: As...
Climate change lowers Pakistan’s mango produce by 20pc
KARACHI: Climate change has affected mango produce in Pakistan, particularly in Sindh and Punjab, by 20pc, according to the Economic Survey of Pakistan.
The...
Bears dominate as KSE-100 sheds over 600 points
KARACHI: Bears of Pakistan Stock Exchange (PSX) were again successful in capturing the market, as the indices bled for the most part of...
EU targets $12bn tariffs on US over Boeing subsidies
BRUSSELS: The EU on Wednesday unveiled a wide-ranging list of US-made goods, from beeswax to car parts, subject to tariffs in retaliation...
CCoE directs to induct best technologies for renewable energy projects
ISLAMABAD: Cabinet Committee on Energy (CCoE) has given approval to induct best available technologies for ongoing and new renewable energy projects.
Available documents...
Senate body directs PTCL, PTET to pay increased pension in 2 weeks
ISLAMABAD: Senator Engineer Rukhsana Zuberi here on Tuesday admonished officials of Pakistan Telecommunication Company Limited (PTCL) for nonpayment of the increased amount...