Govt defers wheat support price decision
The federal cabinet meeting on Tuesday deferred the Economic Coordination Committee's (ECC) decision to increase the support price of wheat from Rs1,400...
Textile millers assured of early disposal of refund claims
LAHORE: Lahore Chief Commissioner Corporate Office Regional Tax Officer (RTO) Amna Hassan has assured Punjab All Pakistan Textile Mills Association (APTMA) Chairman...
Stocks tumble 194 points on rising virus cases
KARACHI: Bears extended their control on the Pakistan Stock Exchange (PSX) on Wednesday, with the indices failing to sustain morning gains and...
Hafeez Shaikh briefs ADB on funds’ utilisation, structural reforms
ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh on Wednesday shared held a virtual meeting with Asian Development...
Dolmen Group, HBL to develop construction & housing sectors
KARACHI: The Dolmen Group and HBL’s Islamic Banking arm have signed a Memorandum of Understanding (MOU). The MOU was signed in Karachi...
1QFY21: Nishat Mills’ profit up 2.5pc to Rs946m
LAHORE: The Board of Directors of Nishat Mills Limited (NML) met on Wednesday to review the company’s performance and announce its financial results...
DRAP notifies hike in prices of 94 life-saving drugs
About a month after the federal cabinet announced to allow pharmaceutical companies to increase prices of 94 lifesaving medicines to end their...
FFC’s profit increases 30pc to Rs4.6bn in 3Q2020
LAHORE: The Board of Directors (BOD) of Fauji Fertiliser Company Limited met on Wednesday to review the company’s performance and announce its...
Britain’s Heathrow Airport loses European crown during pandemic
LONDON: London’s Heathrow is no longer Europe’s busiest airport, ceding its long-held crown to Paris during the pandemic and blaming government inaction...
Tesla autopilot ‘a distant second’ to GM’s super cruise in hands-free test
DETROIT: General Motors Co's GM.N Super Cruise once again edged Tesla's TSLA.O Autopilot in an evaluation of 17 vehicles equipped with active driving assistance systems...
Pakistan, Afghanistan ink agreement for customs cooperation
ISLAMABAD: The Pakistan Customs, Federal Board of Revenue (FBR) and Afghan Customs Department on Tuesday signed a customs mutual assistance agreement for...
‘Sugar in Punjab to be sold at prices much below current retail, ex-mill rates’
ISLAMABAD: Federal Ministries of Industries and Production, Hammad Azhar on Wednesday said that the Punjab government would sell sugar in the market...
PM, Punjab CM discuss prices, availability of essential items
LAHORE: Prime Minister (PM) Imran Khan and Punjab Chief Minister (CM) Sardar Usman Buzdar met here on Wednesday and discussed the situation...
Global stocks tumble as lockdown fears grip investors
LONDON: Shares around the world tumbled on Wednesday as coronavirus infections grew rapidly in Europe and the United States, igniting fears of...
9M2020: MCB Bank’s profit rises 39pc to Rs38.3bn
LAHORE: The Board of Directors of MCB Bank Limited (MCB) met under the chairmanship of Mian Mohammad Mansha to review the bank’s...