Business

Credit for agreement with IMF goes to PM: Miftah Ismail

ISLAMABAD: Former Finance Minister Miftah Ismail said credit of agreement with IMF goes to Prime Minister Shehbaz Sharif. "He talked to US in connection with IMF programme", Miftah said in statement issued here said. He said that way of working of go...

President for expanding ties with Philippines, Iran, Rwanda

ISLAMABAD: President Dr Arif Alvi said that Pakistan wants to expand bilateral ties with Philippines, Iran, and Rwanda in field of trade, economy, investment, culture and people-to-people contacts. Talking to Ambassadors-designates of Republic of Phi...

SBP receives $1.2b from IMF: Dar

Finance Minister Ishaq Dar on Thursday said that the International Monetary Fund (IMF) has transferred $1.2 billion to the State Bank of Pakistan (SBP). Dar's statement comes a day after the IMF Executive Board approved a $3 billion bailout package t...

President asks BAFL to refund lost amount, apologise to fraud victim

ISLAMABAD: President Dr Arif Alvi has rejected representation filed by Bank Alfalah Ltd (BAFL) against decision of Banking Mohtasib directing it to send an apology to customer for enabling online transaction/payment system on his credit card without...

Dar seeks roadmap for airport outsourcing

ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar sought roadmap with timelines to move forward for outsourcing of first airport to improve service delivery and match best international aviation practices in Pakistan. Chairing meeting of...

Pakistan eyes to enhance pharma exports to $5bn by 2030: Naveed Qamar

ISLAMABAD: Minister for Commerce Syed Naveed Qamar stressed need for collective efforts to boost pharmaceutical exports upto $ 1 billion by 2025 and by $ 5 billion by 2030 to improve exchange reserves of country. Realising export potential of pharmac...

Officials from China, Pakistan review CPEC achievements

BEIJING: Officials from China and Pakistan have reviewed achievements of China-Pakistan Economic Corridor (CPEC) over past decade. At meeting in Beijing of two countries' Special Joint Cooperation Committee, they looked to future opportunities, CGTN...

KSE-100 up 359pts as bullish wave continues

Karachi: Bullish momentum continued at Pakistan Stock Exchange (PSX) as benchmark KSE-100 Index was up 0.8 percent. However, both volume and value of shares traded declined from previous session. At close, benchmark index settled at 45,514.95, an inc...

Vast potential of investment in textile sector: Ghana HC Eric

Karachi: Ghana’s High Commissioner to Pakistan and Iran, Eric Owusu highlighted vast potential for industrialisation in Ghana during address to Korangi Association of Trade and Industry (KATI). He emphasised that Pakistani investors and industr...

Clean tech minerals market surges to $320bn: IEA

PARIS: Market for minerals key to clean energy transition soared to $ 320 billion last year but faces challenges including volatile prices, supply chain snarls and geopolitical tensions, International Energy Agency said Tuesday. Market for minerals s...

NC Big Stories

Islamabad will come back to life today: Mohsin Naqvi

ISLAMABAD: Federal Interior Minister Mohsin Naqvi announced yesterday night that schools, roads, internet services, and the Metro bus will soon resume operations as normalcy begins to return to the country. “Schools will reopen from Thursday, w...

Bushra Bibi, CM Gandapur ‘on the run’, 450 protesters arrested

ISLAMABAD: Police and Rangers have successfully cleared the Blue Area in Islamabad after launching a crackdown on protesters who had gathered in the area yesterday. More than 450 individuals were arrested during the operation while Pakistan Tehreek-e...

DC Central vows to take strict action sans discrimination

KARACHI: A high-level meeting chaired by Deputy Commissioner Central, Taha Saleem, was held at the Deputy Commissioner's Office to discuss the issue of encroachments in District Central. The meeting was attended by all Assistant Commissioners, Munici...

PM, COAS attend funeral of Rangers personnel martyred during PTI protest

ISLAMABAD: Prime Minister Shehbaz Sharif and Chief of Army Staff General Asim Munir atteded the funeral prayers for three Rangers officials who embraced martyrdom during ongoing PTI protests. The Funeral prayers took place at Chaklala Garrison and wa...
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