Business & Economy

NEW YORK, Aug. 17 (Xinhua/APP) –:U.S. stocks finished mixed on Tuesday as investors digested a slew of economic data. The Dow Jones Industrial Average increased 239.57 points, or 0.71 percent, to 34,152.01. The S&P 500 rose 8.06 points, or 0.19 percent, to 4,305.20. The Nasdaq […]

LAHORE, Aug 16 (Online): Recent hike in the price of petroleum products has been challenged in the court. A miscellaneous petition has been filed through Azhar Siddique advocate taking the plea that increasing the price of petroleum products by government will further boost the inflation. […]

LAHORE, Aug 16 (Online): A high level delegation of Pakistan Industrial & Traders Associations Front (PIAF) in the lead of its Chairman Faheem Ur Rehman Saigol called on Punjab Governor Baligh-ur-Rehman at Governor House here. During the meeting the delegation briefed the governor about the […]

ISLAMABAD, Aug 16 (Online): Finance Minister Miftah Ismail has said the economy is improving and the government’s next target is to control inflation. Addressing a news conference in Islamabad on Tuesday, he said the rupee has continuously been appreciating since the 1st of this month […]

ISLAMABAD, Aug 16 (APP):Workers’ remittances recorded an inflow of US$2.5 billion during July 2022, continuing their record streak of above $2 billion for the 26 consecutive months, according to a data released by State Bank of Pakistan on Tuesday. In terms of growth, during July […]

ISLAMABAD, AUGUST 15 (Online): Prime Minister Muhammad Shehbaz Sharif has underscored the need for urgently operationalizing the Transit Trade Agreement and Preferential Trade Agreements with Uzbekistan to fully unlock the immense bilateral economic potential. He was talking to Ambassador of Uzbekistan Oybek Usmanov who paid […]

ISLAMABAD, Aug 14 (APP): The corporate sector in the country must fully exploit the potential of vast scope of halal food exports in global markets as its current size $2 trillion is expected to touch the level of $3 trillion by next five year. Talking […]

BEIJING, Aug. 14 (Xinhua/APP): China’s output of power batteries surged 175.6 percent year on year to 253.7 GWh in the first seven months of the year, according to industry data. In the January-July period, 153.8 GWh of lithium iron phosphate batteries were produced, up 227.1 […]

Lahore (PNI) Sui Northern Gas Pipelines Limited (SNGPL) organized a flag hoisting ceremony at Head Office in Lahore to celebrate 75th Independence Day Anniversary of Pakistan. Managing Director SNGPL Ali J. Hamdani was chief guest of the ceremony. While addressing the event, Managing Director Ali […]

Washington, Aug 13 (AFP/APP): Rating agencies S&P and Fitch again lowered Ukraine’s credit rating Friday, deeming that the war-torn country’s debt restructuring agreement placed it one notch from default. S&P cut Ukraine’s rating to “SD” for selective default from “CC/C,” noting that a majority of […]