Finance executives fret as US presidential election too close to call
WASHINGTON: While the Republican incumbent has handed the financial industry huge tax breaks and deregulatory wins, his first term has also been...
Steel manufacturers laud PM for relief in power tariff for industries
LAHORE: The Pakistan Association of Large Steel Producers (PALSP) on Wednesday welcomed the Pakistan Tehreek-e-Insaf (PTI) government's step to reduce power tariffs...
Imported sugar to be sold at Rs83.5 per kg in Lahore markets
LAHORE: The district administration of Lahore has issued a notification to sell imported sugar at Rs83.5 per kg in the markets, stating that...
FPCCI hails PM’s decision to reduce energy tariff for industry
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed Prime Minister Imran Khan's decision to provide relief to...
China slams the brakes on Ant Group’s $37bn listing
HONG KONG: China suspended Ant Group's $37 billion stock market listing on Tuesday, thwarting the world’s largest IPO with just days to...
Envoy stresses focus on value addition to increase exports to China
KARACHI: Pakistan's Consul General in Shanghai Hussain Haider has stressed the need to focus on value addition in order to increase Pakistan's...
Importers of Pakistan’s basmati rice to challenge Indian GI claims in EU
Pakistan to file objection by first week of December
Kissan Ittehad calls off strike after talks with Punjab govt
LAHORE: The Kissan Ittehad Pakistan on Tuesday announced to call off its strike after holding successful talks with Punjab Law Minister Raja Basharat.
The...
Dollar falls to six-month low against rupee
Pakistani Rupee continued its winning streak against the US Dollar in the interbank market, as PKR gained another 14 paisas on Tuesday...
COAS orders timely completion of FWO projects
Expressing satisfaction over the progress of Frontier Works Organization (FWO), Chief of Army Staff (COAS) General Qamar Javed Bajwa has directed the...
BankIslami’s nine-month profit surges 81pc to Rs1.76bn
The Board of Directors of BankIslami Pakistan Limited recently approved the bank’s financial results for the nine months ended September 30, 2020.
BankIslami...
Trade deficit contracts 22.6pc in October
ISLAMABAD: A meeting of the Ministry of Commerce was held on Tuesday under the chairmanship of Advisor to Prime Minister on Commerce and...
Foreign divestment in T-bills reaches $256m in Oct
Pakistan’s capital market witnessed a major outflow of hot money during the month of October 2020 as foreign investors divested $268.9 million...
PHC summons TransPeshawar CEO over ban on cabs on BRT route
PESHAWAR: The Peshawar High Court (PHC) on Tuesday heard the petition of a rickshaw driver against the ban on plying rickshaws and...
PM announces energy relief package for industrial sector
Industry to get additional electricity at 25pc discount; power tariff for SMEs slashed by 50pc