Cutlery export increases 23.8pc in 4MFY21
ISLAMABAD: Cutlery exports from the country witnessed an increase of 23.82 per cent during the first four months (July-Oct) of the current financial year...
Biden transition and vaccine hopes drive up stocks, oil and bitcoin
LONDON/HONG KONG: Stocks, oil and risk currencies including bitcoin gained on Tuesday as the formal go-ahead for US President-elect Joe Biden to begin his...
Local cement sales likely to decline 27pc MoM in NovÂ
LAHORE: The onset of the winter season is likely to weigh in on cement sales in November as local dispatches are likely to fall...
Experts stress importance of dams for Pakistan
ISLAMABAD: Pakistan’s dependence on a single river system is extremely risky whereas the country must put in the effort to fight water shortages, promote...
Saudi Aramco says domestic supplies unaffected by attack on Jeddah plant
JEDDAH: Saudi Aramco said on Tuesday its domestic fuel supplies were not affected by an attack from Yemen’s Houthi group on a petroleum products...
Toyota halts operations at Indian plant again as union strike continues
BENGALURU: Toyota Motor Corp again halted operations at its car plant in southern India from Monday, as the majority of members of its workers’...
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...