Govt releases Rs1.78bn for textile sector under DLTL scheme
Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Friday that the government has released Rs1.78 billion for the textile...
Oil moves up towards $50/bbl after OPEC+ supply compromise
LONDON: Brent crude oil futures rose to just under $50 a barrel on Friday as major producers agreed on a compromise to increase output...
Stocks post modest gains amid mixed sentiments
KARACAHI:Â The Pakistan Stock Exchange (PSX) managed to end the week on a positive note, with the indices posting decent gains amid range-bound activity.
Equity markets...
Cement desptaches up 4.19pc YoY in November
Total despatches clocked in at 4.5m tonnes in Nov 2020, as compared to 4.3m tonnes in Nov 2019 and 5.7m tonnes in Oct 2020
India formally protests to Canada over Trudeau remarks on farm protests
NEW DELHI: India summoned Canada’s ambassador on Friday and said comments made by Prime Minister Justin Trudeau over protests by farmers near Delhi were...
LDA approves construction of 4,000 apartments
LAHORE: The governing body of Lahore Development Authority (LDA) on Thursday approved the construction of 4,000 residential units at a cost of about Rs10...
International magazine publishers deny connection to People and Vogue in Pakistan
Having gotten away with infringing on the intellectual property and trademark of one American media brand, FHM Pakistan Publications is set to repeat itself
Hafeez Shaikh chairs FBR Policy Board meeting, stresses evaluation of customs clearance time
ISLAMABAD:Â Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has stressed the need to evaluate the clearance time with reference to...
UK reaffirms support to renewable energy initiatives in Pakistan
ISLAMABAD: Britain's Prince Charles on Thursday telephoned Prime Minister Imran Khan and reaffirmed the United Kingdom's support to promote renewable energy initiatives in Pakistan.
According...
PM directs facilitation of industries linked with construction sector
ISLAMABAD:Â Prime Minister Imran Khan has directed the authorities concerned to ensure provision of facilities to allied industries connected with the construction sector to keep...
SBP sees significant growth in online transactions during July-Sept quarter
KARACHI:Â The State Bank of Pakistan on Thursday released its Quarterly Payment System Review (QPSR) report for the first quarter (July-September) of the current fiscal...
Rs38bn cross-border optic fibre project under CPEC cleared
The Central DeveloÂpment Working Party (CDWP) on Wednesday cleared the second phase of a Rs38bn project for laying cross-border optic fibre cable with China.
According...
SECP approves framework for digital onboarding of investors
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved a framework to enable all Pakistani resident and non-resident investors to open online...
Cane commissioner asks DCs to stop ‘off the book’ purchases by mills
LAHORE: Punjab Cane Commissioner Muhammad Zaman Wattoo has directed the deputy commissioners of all districts to inspect the sugarcane procurement being carried out by...
UAE launches tourist visas for Israelis
DUBAI:Â The United Arab Emirates launched tourist visas for Israeli citizens on Thursday, official media said, in the latest move following the normalisation of ties...