OPEC+ panel sees weaker oil demand in 2021
DUBAI: OPEC and its allies have revised oil demand scenarios for 2021 with demand seen weaker than previously anticipated, a confidential document...
Biden says US, allies need to set global trade rules to counter China’s influence
WASHINGTON: US President-elect Joe Biden said on Monday the United States needed to negotiate with allies to set global trading rules to...
Tesla to join S&P 500, spark epic index fund trade
PALO ALTO: Tesla Inc is set to join the S&P 500 in December, a major win for Chief Executive Elon Musk that...
Abbasi, Miftah indicted in LNG reference
ISLAMABAD: An accountability court has indicted former prime minister and PML-N MNA Shahid Khaqan Abbasi in the LNG terminal reference.
Former finance minister...
ECC approves Rs80m grant for payment to British law firm
ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved Rs80 million for a British law firm to pursue cases under investigation in...
Inauguration of Rashakai SEZ postponed amid rise in Covid cases
PESHAWAR: Khyber Pakhtunkhwa (KP) Health and Finance Minister Timur Saleem Khan Jhagra has said that Prime Minister (PM) Imran Khan has cancelled...
Punjab govt to bring areas around highways, motorways in property tax net
LAHORE: The Punjab government has decided to bring agricultural lands as well as areas around national, provincial highways and motorways in the...
Naeem Bokhari likely to be appointed as PTV board chairman
ISLAMABAD: The federal cabinet, in its upcoming meeting, will take up important issues pertaining to the reconstitution of Pakistan Television Corporation (PTVC)...
PKR is Asia’s third-best and EM’s fifth best-performing currency
KARACHI: After registering approximate gains of 5.94pc this fiscal year, the Pakistani Rupee now stands as Asia's third-best and Emerging Market's fifth-best...
PM reaffirms transparency in utilisation of Covid Relief Fund
Prime Minister Imran Khan on Monday chaired a meeting of the policy committee overseeing the PM's Covid Relief Fund.
The PM lauded the...
CCoP approves sale of 99.6pc stake in Heavy Electrical Complex
ISLAMABAD: The Cabinet Committee on Privatization (CCoP) has approved the transaction structure for divestment of 96.6pc shares of Heavy Electrical Complex (HEC).
Adviser...
PM approves establishment of National Job Portal
ISLAMABAD: Prime Minister Imran Khan on Monday approved the establishment of 'National Job Portal' to provide employment opportunities to the country's youth.
The...
Turkish investors keen to set up industrial units in Pakistan
ISLAMABAD: Turkish investors have expressed a keen interest in supporting Pakistan’s construction sector by setting up industrial units in the country.
The interest...
Stocks slip as investor sentiment wavers
KARACHI: Pakistan Stock Exchange (PSX) moved in a narrow range on Monday, with the benchmark index failing to sustain gains amid weak...
KP govt increases wheat supply to control flour prices
PESHAWAR: The Khyber Pakhtunkhwa (KP) government on Monday increased the daily supply quota of wheat from 4,000 tonnes to 5,000 tonnes to...