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Category: Business

Pak economy’s size surpasses $300bn; 5.3% GDP growth achieved

INP ISLAMABAD The size of Pakistan economy has surpassed $300 billion, as the sluggish growth rate of country’s economy has picked up pace. According to information,...

KSE 100 sheds 554 points amid profit-taking

KARACHI Pakistan equities closed Thursday’s session on a negative note in line with the global equities sell-off sparked by the “Comey Memo” with the benchmark...

Improving Resistance to Cotton Leaf Curl Virus, Supporting Cotton Best Management Practices for Small Farmers: Bosan

Islamabad Cotton is the most important crop in Pakistan. A large population of our country is directly attached with this crop. USDA and ICARDA are helping Pakistan to...

Big power competition in Asia narrowing foreign policy options: SVI

ONLINE Islamabad Strategic Vision Institute (SVI) on Tuesday warned that competition between external powers over energy resources, trade corridors, pipelines and...

Ford to cut 10% of workforce in North America & Asia

“Reducing costs and becoming as lean and efficient as possible also remain part of that work” Dearborn: US automaker Ford plans to slash about 10 percent of its...

Pakistan signs MoU with Alibaba to promote exports

INP HANGZHOU Pakistan on Tuesday signed a Memorandum of Understanding with Alibaba Group Holdings Limited to promote country’s worldwide exports by Small and Medium...

ECC approves proposals submitted by ministries

ONLINE Islamabad The Economic Coordination Committee (ECC) of the Cabinet considered and approved proposals submitted by different ministries, in its meeting held on...

PM relaxes fiscal deficit limit for next three years

“PM approved the Budget Strategy Paper (BSP) 2017-18 presented by Finance Minister Ishaq Dar” ISLAMABAD Showing signs of a popular budget ahead of the next year’s...

Washington & Beijing reach trade deal on beef, poultry, and gas

Relations between the world’s two largest economies have hit “a new high,” said US Commerce Secretary Wilbur Ross when unveiling a 10-point trade agreement between...

Cement industry incapable of adding power to national grid

KARACHI The National Electric Power Regulatory Authority (NEPRA) has ruled out the possibility of adding the waste heat recovery generation in the national grid as...