Business
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Grocery stores to remain open, restaurants to remain closed during Sehr & iftar
LAHORE : Punjab Chief Minister Sardar Usman Buzdar on Wednesday said that Tandoors, milk and yoghurt shops will remain open...
Sugar and Wheat scam: Commission to present report in May
ISLAMABAD: The commission formed to investigate sugar and wheat crisis on Tuesday sough more time to complete the probe. As...
Financing matters with Chinese govt for ML-1 at advanced stage
ISLAMABAD: Chairman China Pakistan Economic Corridor (CPEC) Authority General (r) Asim Saleem Bajwa has said that the financing matters with...
Balochistan to give interest-free loans
QUETTA: The Balochistan government has decided to give interest-free loans to people to compensate them for the losses suffered due...
Oil prices likely to drop Rs15 as crude oil dives to 22-year low at $11
ISLAMABAD: As the oil prices dived to 22-year lows at just $11 after crashing almost 40 percent in a market...
NAB decides to investigate wheat, sugar scandal
ISLAMABAD: National Accountability Bureau (NAB) has decided to launch probe into wheat and sugar crisis. According to sources, NAB cannot...
ECC approves 0.2MMT wheat for Utility Stores
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved 0.2 million metric tons of wheat for Utility...
World Bank plans to approve $500m for Pakistan
LAHORE: The World Bank is planning to approve 500 million dollars for Pakistan by next month. According to details, the...
Chinese company ships 500 tonnes of hybrid rice seeds
BEIJING: A total of 500 tonnes of hybrid rice seeds from a seed company in east China’s Jiangsu province have...
Textile export falls by 18.4pc as COVID-19 affects global economies
ISLAMABAD: The coronavirus pandemic (COVID-19) is taking its toll on Pakistani textile export as it fell by 18.40 percent in...
Govt, IPPs agree to form committee for reducing power tariff
ISLAMABAD: A major progress was made in dialogues between the power division and Independent Power Producers (IPPs) for controlling the...
Pakistan to get $1.4b in coronavirus aid from IMF
WASHINGTON: The IMF approved the disbursement of US$1.386 billion to Pakistan under the Rapid Financing Instrument to address the economic...
State Bank reduces interest rate from 11pc to 9pc
ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday announced that it had slashed the interest rate by 200 basis...
Govt striving hard to resolve liquidity crunch, cash flow issues of industry: Hafeez
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has said the government has vowed...
CCOE directs power division to work for further reforms in sector
ISLAMABAD: The Cabinet Committee on Energy (CCOE) on Wednesday directed power division to submit a formal summary to the committee...
Regulatory restrictions under gift, baggage schemes drop car imports: SBP
KARACHI: The State Bank of Pakistan (SBP) has said that the regulatory restrictions on car imports under the gift and...
Industries failing to adopt SOPs to be sealed
ISLAMABAD: Special Assistant to Prime Minister on Youth Affairs, Usman Dar on Wednesday said, industries which failed to adopt standard...
No Ramzan bazaars in Punjab this year
LAHORE: Punjab Chief Minister Sardar Usman Buzdar has recommended that Ramzan bazaars should not be set up anywhere in the...
Govt prepares ordinance to provide tax relief to construction sector
ISLAMABAD: The federal government has prepared a tax ordinance to provide tax relaxation to the construction sector, according to media...
Traders’ problems to be addressed during lockdown
LAHORE: Provincial Industries and Trade Minister Mian Aslam Iqabl on Tuesday held a meeting with representative delegation of traders and...
