Five-year textile policy likely to be unveiled this week

ISLAMABAD: The federal government is all set to announce the Textile Policy 2020-25 during the current week, sources revealed on Tuesday. Sources said the export target...

DRAP suggests 38pc reduction in Remdesivir price

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has suggested a 38 per cent cut in the price of 100mg Remdesivir injection, recommending its...

Second hand merc sale on rise even as prices increase

PESHAWAR: Prices of second hand goods in Peshawar and other cities of the province have increased as the coronavirus pandemic, which broke out in...

700MW Azad Pattan hydropower project nears financial close

ISLAMABAD: Pakistan and China have taken another step towards achieving the financial close of the 700MW Azad Pattan Hydropower Project, which is part of...

Textile sector’s success result of PTI manifesto to ensure sustainable growth: Asad

Asad-Umar
ISLAMABAD: Planning, Development and Special Initiatives Minister Asad Umar on Wednesday while referring to All Pakistan Textile Mills Association's (APTMA) statement about changes in...

Bulls dominate PSX as benchmark index gains 596 points

KARACHI: Stocks surged at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark index gaining over 650 points intraday amid improved market sentiment. "The market...

KP govt approves Rs150mn grant for religious minorities

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has approved a grant of Rs150 million for the welfare of religious minorities out of which Rs100m would...

India plans dam on Brahmaputra to offset Chinese construction upstream

NEW DELHI: India is considering a plan to build a 10 gigawatts (GW) hydropower project in a remote eastern state, an Indian official said...

China Southern Airlines launches direct flight from Wuhan to Islamabad

BEIJING: China Southern Airlines has launched a direct flight linking the central Chinese city of Wuhan with Islamabad, according to the airline’s local branch...

OECD sees global economy turning the corner on coronavirus crisis

PARIS: The outlook for the global economy is improving despite a second wave of coronavirus outbreaks in many countries as vaccines emerge and a...

Pfizer-BioNTech apply for EU emergency authorisation for Covid-19 vaccine

FRANKFURT: Pfizer Inc and BioNTech have applied to the European drugs regulator for conditional authorization of their COVID-19 vaccine, following similar steps in the...

Samsung may discontinue high-end Galaxy Note smartphones

SEOUL: Samsung Electronics Co Ltd may discontinue its premium Galaxy Note phone next year, sources with knowledge of the matter said, a move that...

UK retailer Debenhams to be liquidated

LONDON: British department store retailer Debenhams is to start a liquidation process that will see its stores close and the potential loss of 12,000...

ADB, Punjab govt partner to support healthcare PPPs

LAHORE: The Asian Development Bank (ADB) and the government of Punjab have signed a memorandum of understanding (MoU) to jointly promote public-private partnership (PPP)...

Pakistan’s IT exports, tech stocks set to boom in next decade: report

LAHORE: With more than 20,000 graduates entering the workforce each year in the technology sector and a prevailing pool of more than 300,000 IT...