Business

Pakistan’s annual inflation accelerates to 4.1% in July

Pakistan’s annual inflation accelerates to 4.1% in July

ISLAMABAD: Pakistan’s consumer inflation accelerated to 4.1% year-on-year in July, up from 3.2% in June, driven by rising prices for…
EOBI labourers get 100pc hike in marriage grant

EOBI labourers get 100pc hike in marriage grant

ISLAMABAD: The federal government has increased the marriage grant for labourers registered with Employees’ Old-Age Benefits Institution (EOBI) by 100…
Punjab University develops new hybrid rice seed with help from Chinese experts

Punjab University develops new hybrid rice seed with help from Chinese experts

LAHORE: In a major scientific breakthrough, the Department of Plant Breeding and Genetics at Punjab University has developed a new…
India will continue to buy Russian oil, government sources say

India will continue to buy Russian oil, government sources say

NEW DELHI: India will keep purchasing oil from Russia despite US President Donald Trump’s threats of penalties, two Indian government…
Bangladesh secures 20pc US tariff for garments, exporters relieved

Bangladesh secures 20pc US tariff for garments, exporters relieved

DHAKA: Bangladesh has negotiated a 20% tariff on exports to the US, down from the 37% initially proposed by US…
Markets dive after Trump hits more countries with steep tariffs

Markets dive after Trump hits more countries with steep tariffs

ZURICH/WASHINGTON: US President Donald Trump’s latest wave of tariffs on exports from dozens of trading partners sent global stock markets…
New Zealand will make it easier to run businesses in conservation areas

New Zealand will make it easier to run businesses in conservation areas

WELLINGTON: New Zealand will make it easier to run businesses in conservation zones and charge foreign tourists to enter some…
China’s civil nuclear deal generates 4,000 MW, creates 50,000 jobs in Pakistan

China’s civil nuclear deal generates 4,000 MW, creates 50,000 jobs in Pakistan

ISLAMABAD: China’s civil nuclear cooperation with Pakistan has led to the generation of 4,000 megawatts of electricity and the creation…
ADB recommends comprehensive reforms in Pakistan’s insurance sector

ADB recommends comprehensive reforms in Pakistan’s insurance sector

Asian Development Bank (ADB) has recommended sweeping reforms in Pakistan’s insurance sector, highlighting the urgent need to implement social insurance…
Pakistan’s foreign reserves decline by $153 million to $14.3 billion

Pakistan’s foreign reserves decline by $153 million to $14.3 billion

Pakistan’s foreign exchange reserves witnessed a drop due to ongoing external debt repayments. According to the State Bank of Pakistan,…
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