Eurozone economy in steep downturn
BRUSSELS: Eurozone economic activity plunged in November, a key survey showed on Monday, due to a resurgence of lockdowns across Europe as the second...
‘PM’s aide drawing pension, not salary, from World Bank’
ISLAMABAD: The Institutional Reforms Cell of the Cabinet Division has clarified that Adviser to Prime Minister on Institutional Reforms and Austerity Dr Ishrat Husain...
Indoor dining services banned in Karachi restaurants
KARACHI: The Karachi administration on Monday announced that new Covid-19 restrictions for restaurants would be imposed from Tuesday (tomorrow) in order to control the...
Implementation of $200m Covid response project delayed in Pakistan: WB
ISLAMABAD: A World Bank report has revealed that the implementation of the 'Pandemic Response Effectiveness in Pakistan' has been significantly delayed due to the...
IT minister launches Rolling Spectrum Strategy 2020-23
ISLAMABAD: Federal Minister for Information Technology and Telecommunication Syed Aminul Haque on Monday launched the Rolling Spectrum Strategy 2020-2023.
Addressing the launching ceremony, Haque lauded...
IMF chief urges G20 leaders to jointly rebuild global economy
WASHINGTON: International Monetary Fund (IMF) Managing Director Kristalina Georgieva has urged the Group of 20 (G20) leaders to maintain policy support and reinforce the...
SECP decides to formulate digital assets law
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to formulate laws related to the establishment of digital assets in the country.
This...
Non-performing loans are the least of banks’ concern, or are they?
KARACHI: The total non-performing loans in Pakistan stood at Rs91 billion during the first nine months of 2020, as compared to Rs78 billion during...
Covid-19: From Fear to Hope and Health
By Farheen Zaidi
Realizing the fact that Covid has resurged with positivity rate going back to as high as 7pc among daily tests conducted in...
Lahore markets, shops may close by 6pm as Covid cases rise
LAHORE:Â Markets and shops in Lahore are likely to be closed by 6:00pm, as the Punjab government has made a decision in this regard.
The provincial...
Pakistan, China agree to expedite work on ML-1 project
ISLAMABAD: Pakistan and China have agreed to accelerate efforts for early execution of Karachi-Peshawar Main Line-1 (ML-1) project.
The understanding came at a meeting between...
Naeem Bokhari appointed as PTV board chairman
Renowned anchorperson and lawyer Shahzada Naeem Bokhari has been appointed as an independent director and chairperson of the Pakistan Television Corporation's (PTV) Board, according...
Provinces directed to keep check on food prices
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has directed the provincial governments as well as other concerned authorities...
Shares sink below 40,000 mark on weak investor sentiment
KARACHI: The Pakistan Stock Exchange (PSX) took a beating on the first trading session of the week, with the indices heading south right from...
Mobile phone imports increase 43.6pc in 4MFY21
ISLAMABAD: The import of mobile phones witnessed an increase of 43.6 per cent during the first four months (July-Oct) of the current financial year...