Hafeez Shaikh outlines govt’s economic measures to cope with Covid-19

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Wednesday addressed the Annual Microfinance Conference (AMC) as a guest of...

Cabinet Division invites applications for OGRA chairman slot

ISLAMABAD: The Cabinet Division has once again issued fresh advertisement for the post of Oil and Gas Regulatory Authority (OGRA) chairman, with an upgraded selection...

Dollar sheds Rs1.77 in two days, slips to Rs159.28

KARACHI: Continuing with the previous day's momentum, Pakistani Rupee gained another 81 paisas against the US Dollar in the interbank on Wednesday. According to a...

WB to provide $19.85m to Pakistan for Covid-19 response

ISLAMABAD: World Bank will provide $19.85 million to Pakistan for 'Covid-19 response, recovery and resilience in education project'. An agreement to this effect was signed...

FBR exempts sales tax on 61 Covid-related medical goods

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday exempted sales tax on the import of medical instruments and equipment for prevention and treatment...

Rice prices drop 20pc on rupee appreciation, low export demand

ISLAMABAD: Following a significant reduction in the prices of sugar and wheat, the prices of different varieties of rice have also witnessed a 20pc...

JICA provides relief to 350 farmers in Punjab

LAHORE: The Japan International Cooperation Agency (JICA) with the support of the provincial government of Punjab and Asian Chapter of Community World Service (CWS)...

Shibli Faraz terms CPEC a catalyst for Pakistan’s socio-economic uplift

ISLAMABAD: Information and Broadcasting Minister Senator Shibli Faraz said on Wednesday that the China-Pakistan Economic Corridor (CPEC) is a win-win project of Pak-China economic cooperation. Addressing...

Airline revenues to plunge 60pc this year: IATA

PARIS: Airline revenues this year will plunge by 60 per cent as a result of the coronavirus pandemic which threatens the survival of the...

Cabinet allows PTV to make payments to Indian broadcasters

ISLAMABAD: The federal cabinet on Tuesday granted a one-time approval to Pakistan Television (PTV) for making payments to Indian broadcasters, allowing the Ministry of...

Amazon takes on India’s Reliance in court fight over retailer

WASHINGTON: A battle between Amazon.com Inc and Reliance Industries Ltd to dominate India’s $1 trillion consumer market is stoking nationalist rhetoric in a courtroom...

PM directs ministries to help textile sector meet growing demand

Prime Minister Imran Khan has directed the ministries for commerce and industries to ensure all necessary support to the textile sector. In his tweets on...

KSE-100 jumps 568 points on E&P gains

KARACHI: Bulls controlled the Pakistan Stock Exchange (PSX) for the second consecutive session on Wednesday, with the indices accumulating gains all day long amid...

Gwadar Port handles fish cargo as trial run: Dawood

ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday said the first cargo to be trans-shipped to China had been successfully handled...

Auto sales likely to increase 60pc YoY in FY21

LAHORE: The country's auto industry sales are likely to grow 60pc in the current fiscal year (FY2020-21), with total sales expected to clock in...