Trump finally acknowledges defeat, says transition will be orderly after Congress certifies Biden’s victory
President Donald Trump for the first time acknowledged his defeat in the Nov 3 election and announced there would be an “orderly transition on...
US trade deficit rises to more than 14-year high
WASHINGTON: The United States’ trade deficit surged to its highest level in more than 14 years in November as businesses boosted imports to replenish...
OGRA grants K-Electric licence to construct, operate gas pipeline
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has approved K-Electric's application for a licence to construct and operate a gas pipeline to supply...
Bankers, corporate sector comes out in support of NBP President Arif Usmani
LAHORE: Pakistan’s corporate sector including bankers, businessmen and finance professionals have come out in support of National Bank of Pakistan (NBP) President, Arif Usmani...
Tabish Gauhar resigns as SAPM on power
Special Assistant to Prime Minister on Power Tabish Gauhar has resigned after being appointed a couple of months ago, a private media outlet reported...
Exports of India, Bangladesh show negative growth as compared to Pakistan: PM
Prime Minister Imran Khan has congratulated the Ministry of Commerce and exporters for achieving record growth in exports during November and December 2020, as...
Elon Musk overtakes Bezos to become world’s richest person
Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.
A 4.8pc rally in the electric carmaker’s...
India forecasts 7.7pc GDP contraction in 2020-21
NEW DELHI: The Indian government said on Thursday it expects the economy to contract 7.7pc in the fiscal year ending in March, compared to...
Stocks add 191 points to overnight rally
KARACHI: The Pakistan Stock Exchange (PSX) carried on the northward journey on Thursday, with the benchmark index accumulating around 200 points despite profit booking...
AC berates PML-N workers for crowding outside court
LAHORE: An accountability court in Lahore on Thursday scolded the supporters and activists of Pakistan Muslim League-Nawaz (PML-N) for crowding during a hearing in...
Pakistan successfully conducts first test flight of rocket system: ISPR
Pakistan has successfully test flight of indigenously developed Fatah-1, a guided multi-launch rocket system, said the Inter-Services Public Relations (ISPR) Director General Major General...
SBP reserves rise $261m to $13.4bn
ISLAMABAD: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 1.98pc or $261 million to $13.41 billion during the week...
Court turns down NAB request for Abbasi’s arrest warrant
ISLAMABAD: An accountability court on Thursday rejected the appeal of the National Accountability Bureau (NAB) seeking issuance of a non-bailable arrest warrant for former...
FO condemns use of Afghan soil in terror attacks against Pakistan
ISLAMABAD: The Foreign Office (FO) on Thursday condemned the use of Afghan soil to execute terror attacks against Pakistan a day after a Frontier...
Analysis: Trump’s rage ignites mob assault on democracy
NEW YORK: The riotous mob that laid siege to the US Capitol on Wednesday was the product of the destructive forces that President Donald...