Oil prices set for weekly gain ahead of OPEC+ meeting

NEW YORK: Oil prices were mixed on Friday but remained on course for a fourth straight week of gains ahead of an OPEC+ meeting...

FBR launches single-page income tax return form for SMEs

ISLAMABAD: The Federal Board of Revenue (FBR), in collaboration with the Pakistan Revenue Automation Ltd (PRAL), has launched a single-page simplified income tax return form...

President Alvi proposes ‘trade triangle’ between Pakistan, China & ASEAN

ISLAMABAD: President Dr Arif Alvi has proposed establishing a trade triangle between Pakistan, China and Association of Southeast Asian Nations (ASEAN) to maximise the...

Pakistan, Germany sign €18.5m accords for health, climate change projects

Pakistan and Germany on Friday signed three grant-in-aid agreements with a cumulative value of €18.5 million. The Pakistani side was represented by the Ministry of...

Omar Ayub assures domestic consumers of uninterrupted gas supply

PINDI BHATTIAN: Energy Minister Omar Ayub Khan has said that the government will ensure uninterrupted gas supply to domestic consumers during the ongoing winter...

PM asks industrialists to help promote corporate farming

ISLAMABAD: Stressing the expansion of corporate farming, Prime Minister Imran Khan on Friday sought proposals from industrialists to modernise agriculture sector and enhance production...

Ehsaas Digital Programme launched to facilitate women beneficiaries

ISLAMABAD: The government has launched Ehsaas Digital Programme to facilitate women beneficiaries and avoid fraudulent activities in disbursement of payment. This was briefed by Special...

Disney axes 32,000 jobs as pandemic leaves theme parks empty

WASHINGTON: The Walt Disney Company said it is laying off more than 30,000 employees, mostly at its theme parks, as the coronavirus lockdown renders...

No reduction in fares despite ban on in-flight meals

KARACHI: The Civil Aviation Authority has enforced a ban on serving meals in domestic flights in lieu of rising coronavirus cases in the country. The...

Pakistan, Saudi Arabia agree to boost trade ties

FM Qureshi says Pakistan desires peace in Afghanistan; seeks improved business ties with Chad

Stocks snap three-day rally to lose 223 points

KARACHI: The three-day winning streak at the Pakistan Stock Exchange (PSX) came to an end on Friday, with the benchmark index succumbing to selling...

ADB approves $300m loan for Pakistan’s macroeconomic stability

ISLAMABAD: The Asian Development Bank (ADB) on Friday approved a $300 million policy-based loan to help promote macroeconomic stability in Pakistan by facilitating improved...

Gas shortfall may worsen in coming days: report

ISLAMABAD: Gas shortage could increase in coming days due to an increase in the intensity of cold, a local news outlet reported on Friday. Gas...

Plastic import increases 3.32pc 4MFY21

ISLAMABAD: The import of plastic material witnessed an increase of 13.32 per cent during the first four months (July-Oct) of the current financial year...

India’s Apr-Oct fiscal deficit tops 126pc of full year target

NEW DELHI: India’s federal fiscal deficit in the seven months to end-October stood at 9.53 trillion rupees ($128.9 billion), or 126.7pc of the budgeted...