Rupee maintains rising trend against dollar
ISLAMABAD: The exchange rate of Pakistani Rupee strengthened by 14 paisas against US Dollar in the interbank market on Tuesday, ending at Rs160.91...
Exports of sports goods fall 11.84pc in Q1FY21
ISLAMABAD: The exports of sports goods from the country witnessed a decrease of 11.84 per cent during the first quarter (Q1) of...
US stock market braces for rocky week ahead of contentious election
NEW YORK: Wall Street faces a rocky run-up to Election Day, with mounting worries about the outcome in Washington adding to nerves...
Turkish leader backs boycott of French goods over cartoon row
PARIS/ANKARA: Turkish leader Tayyip Erdogan asked his compatriots to stop buying French goods on Monday in the latest expression of anger in...
MoST to outsource inspection of food, non-food items in violation of PSQCA Act 1996
ISLAMABAD: The Ministry of Science and Technology (MoST) is going to outsource the inspection of the mandatory food and non-food items, despite...
DRAP slashes remdesivir price by Rs1,629
ISLAMABAD: In a major relief to coronavirus patients, the Drug Regulatory Authority of Pakistan (DRAP) on Monday reduced the price of remdesivir,...
UBL’s nine-month profit rises to Rs16bn
The Board of Directors of United Bank Limited on Monday announced the bank’s financial results for the nine-month period ended September 30,...
SECP registers 2,365 firms in September
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,365 new companies in September 2020, indicating an increase of 69 per...
Pak-Afghan trade promotion to usher into new era of development: Asad
ISLAMABAD: National Assembly (NA) Speaker Asad Qaisar has said that promotion of trade and economic links between Pakistan and Afghanistan would usher...
Over half of Europe’s SMEs may be bankrupt in a year: survey
DÜSSELDORF: More than 50 per cent of small and medium-sized businesses (SMEs) operating in Europe’s top-five economic powerhouses fear they will have...
Recruiters warn jobseekers not to fly to Dubai without work offer
DUBAI: Jobseekers and newly hired workers have been urged not to fly to Dubai without valid work permits or risk being turned...
Cement stocks, FATF announcement lift benchmark index up 585 points
KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Monday, as investors reacted positively to media reports that Pakistan has...
ECC fixes Rs1,600 wheat support price
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday fixed wheat support price at Rs1,600 for next year’s crop.
The decision...
Govt withdraws $128m recoverable liabilities of Karkey to resolve ICSID case
ISLAMABAD: The federal government, in a bid to resolve the arbitration proceeding at International Center for Settlement of Investment Disputes (ICSID) Tribunal,...
PM reiterates resolve for peaceful Afghanistan at launch of two-day trade seminar
ISLAMABAD: Prime Minister (PM) Imran Khan on Monday termed Afghanistan a natural trade partner of Pakistan, adding that the latter was committed...