Pakistan and IMF: A universal cure for all diseases
The International Monetary Fund (IMF) staff and Pakistan reached a staff-level agreement on the fourth review of the $7-billion Extended Fund Facility (EFF) and the third review of the Resilience…
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The International Monetary Fund (IMF) staff and Pakistan reached a staff-level agreement on the fourth review of the $7-billion Extended Fund Facility (EFF) and the third review of the Resilience…
TOKYO: Japan’s NTT Data Group, a unit of telecommunications giant NTT, is in the final stages of talks to build a data centre in Osaka, western Japan, for US AI company Anthropic, the Nikkei…
Indian equities were poised for a muted open on Tuesday as investors monitored Middle East tensions and elevated crude oil prices , while a faster-than-expected rise in retail inflation strengthened…
ISLAMABAD: Liberty Daharki Power Limited (LDPL) has urged the government to intervene for the immediate restoration of raw gas supplies to its 235-megawatt power plant, warning that its continued…
RIYADH: Saudi Arabia’s energy minister on Monday said the country had been tested but would mount a “serious” response after a string of attacks on Riyadh’s international airport by Yemen’s Houthis…
ISLAMABAD: A parliamentary panel on Monday raised concerns over the extent of petroleum price reductions, questioning why prices were being reduced by only a few paise despite the arrival of…
ISLAMABAD: The Petroleum Division has sought approval from the Prime Minister-led Cabinet Committee on Energy (CCoE) for the winter gas load management plan for four months (November 2026 to…
ISLAMABAD: Power Planning and Monitoring Company (PPMC), the policy, strategic and technical arm of the federal government in the power sector, has approached the National Electric Power Regulatory…
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday set December 31 as the deadline for rolling out automated production monitoring systems across manufacturing sectors to plug tax leaks and ensure…
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed that the total value of loans for small and medium-sized enterprises (SMEs) be increased from Rs1.1 trillion to Rs2.2 trillion by 2028 to…
ISLAMABAD: China’s Shengtang Group expressed keen interest in investment in Pakistan, saying that the group plans to invest USD 10 million, with potential projects in electric vehicles (EVs)…
ISLAMABAD: Federal capital’s business community has stressed the need for strengthening Pakistan-China economic cooperation by promoting practical business models, joint ventures, technology…
KARACHI: The Chairman of the Pakistan Tanners Association (PTA), Muhammad Azam Malik, has expressed deep concern over the FBR’s Digital Monitoring Production System for tanneries as per a…
KARACHI: Ismail Suttar, Chairman of the Salt Manufacturers Association of Pakistan (SMAP), has called on the Federal Board of Revenue (FBR) to grant more time for the submission of income tax…
ISLAMABAD: The Senate Standing Committee on Planning, Development and Special Initiatives was informed that a total of 98 foreign-funded development projects, with an estimated cost of Rs 8.1…
LAHORE: Federal Minister for Board of Investment Qaiser Ahmed Sheikh has stressed the need for one-window facilitation, fully equipped Special Economic Zones (SEZs) and the business community’s…
LAHORE: Fatima Fertilizer Company Limited and the Environment Protection & Climate Change Department (EP&CCD), Government of Punjab, have established a Joint Collaborative Framework to strengthen…
SINGAPORE: Several Asian refiners bought November Saudi crude in the spot market as Saudi Arabia pushed to move more oil out of the Strait of Hormuz, sources with knowledge of the matter said.
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