Industrial production to reach historic levels in 2021: Hammad Azhar
ISLAMABAD: Minister for Industries and Production Hammad Azhar has claimed that 2021 will be a historical year for industrial production in the country.
Talking to...
Federal govt increases power tariff by Rs0.18 per unit
LAHORE: The federal government has increased power tariff in the country by Rs0.18 per unit.
According to a notification issued by the federal power ministry,...
ADB calls for decisive reforms to put Pakistan’s economy on track
Pakistan’s lack of export competitiveness, chronic fiscal deficits, and low labour productivity are the root cause of the country’s sizeable macroeconomic challenges, the Asian...
ECC allows relending foreign loans on same terms as borrowed
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the relending of foreign loans on the same terms as borrowed by the...
KP cabinet approves revised industrial policyÂ
PESHAWAR: The Khyber Pakhtunkhwa (KP) cabinet on Monday approved a revised industrial policy for industrial development, which it said would empower the province through...
Oil rises to touch $52 after Trump signs aid bill
WASHINGTON: Oil rose to hit $52 a barrel on Monday as US President Donald Trump’s signing of a coronavirus aid package and the start...
Govt urged to increase wheat support price to Rs1,800 per 40kg
ISLAMABAD: The National Assembly Standing Committee on National Food Security and Research (NFSR) on Monday asked the Ministry of National Food Security to increase...
NEPRA increases power tariff as govt moves to implement IMF conditions
National Electric Power Regulatory Authority (NEPRA) on Monday announced a hike in power tariffs for three state-owned power distribution companies as the federal government...
ML-1 to speed Pakistani exports, increase revenue: PM
Prime Minister (PM) Imran Khan has said that the CPEC’s Main Line -1 (ML-1) project is set to shape road networks amongst sea ports...
BMW aims for 20pc of vehicles to be electric by 2023
FRANKFURT: German luxury carmaker BMW is planning to step up its production of electric vehicles, Chief Executive Oliver Zipse told German daily Augsburger Allgemeine.
“We...
Pak-Afghan trade to boost regional economic integration: Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce on Investment, Abdul Razak Dawood, on Monday said trade between Pakistan and Afghanistan would maximise chances of...
SECP releases annual report for FY20
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued its annual report for the financial year 2019-20, detailing measures that the organisation...
Govt releases Rs319.5bn for uplift projects
ISLAMABAD: The federal government has released Rs319.5 billion for various ongoing and new social sector uplift projects under the Public Sector Development Programme (PSDP)...
Indian govt looking into whether protesting farmers sabotaged telecom infrastructure
NEW DELHI/MUMBAI: Authorities in Indian Punjab are investigating whether protesting farmers were disrupting power supply to hundreds of telecom towers, a state official said...
Alibaba leads tech stocks’ frenetic selling as China cracks down on monopolies
HONG KONG: Internet giant Alibaba’s stock dropped by as much as eight percent, leading a tech selloff in Hong Kong on Monday, amid the...