Economy

Behind concertina wire and trucks blockading a major highway into India's capital, tens of thousands of farmers are camping out in the bitter winter cold as they protest against agriculture reforms they fear could destroy their livelihood.…
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Japan wants to ban sales of new petrol cars in around 15 years' time as part of efforts to reach carbon neutrality by 2050, reports said Thursday. The new policy could be announced as soon as next week, building on an existing push to…
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ISLAMABAD: The Ministry of Commerce presented a proposal before the Economic Coordination Committee regarding the removal of a five percent regulatory duty on the import of cotton yarn till 30th June 2021. After detailed discussion, the…
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ISLAMABAD: Pakistan and China have agreed to beef up efforts for early execution of Karachi-Peshawar Main Line-1 railway project. The understanding came at a meeting between Railways Minister Sheikh Rasheed Ahmed and Chinese Ambassador…
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The Government on Sunday announced reduction in the prices of petroleum products for the next fortnight. The new price for Ms petrol has been slashed by Rs 1.71 and high speed diesel by Rs.1.79, a government notification said. The new…
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Fifteen Asia-Pacific economies formed the world’s largest free trade bloc on Sunday, a China-backed deal that excludes the United States, which had left a rival Asia-Pacific grouping under President Donald Trump. The signing of the…
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The United Arab Emirates announced on Saturday a major overhaul of the country's Islamic personal laws, allowing unmarried couples to cohabitate, loosening alcohol restrictions and criminalizing so-called "honor killings." The broadening…
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The Economic Coordination Committee (ECC) of the Cabinet Friday approved the minimum support price for the wheat crop at Rs1,650 per 40kg while at the same time, it decided to maintain current release price at Rs1,475 per 40kg. The…
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ECC decided to propose to the cabinet Rs 1600 as minimum support price (MSP) for wheat crop 2020-2021. It was briefed to the ECC that the support price mechanism plays a pivotal role in boosting wheat production as it stabilizes market and…
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Prime Minister Imran Khan on Monday termed Afghanistan a natural trade partner of Pakistan, saying  his dream was to have an open trade border with the neighbouring country to fully capitalize the scope of bilateral ties. Addressing here…
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China's super wealthy have earned a record $1.5 trillion in 2020, more than the past five years combined, as e-commerce and gaming boomed during pandemic lockdowns, an annual rich list said Tuesday. An extra 257 people also joined the…
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REUTERS: Over 19,000 of Amazon's frontline workers tested positive for the novel coronavirus, said the company on Thursday, grabbing headlines around the world. Some staff, elected officials and unions in recent months have said Amazon put…
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The State Bank of Pakistan has allowed overseas Pakistanis to open Roshan Digital Account in Euro currency as well, says a press release received from Paris. At the launching ceremony of Roshan Digital Account held at the Embassy of…
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A delegation of 10 leading Chinese companies undertaking business ventures in critical sectors including energy, communication, agriculture, science and technology, financial sector and industry called on Prime Minister Imran Khan on…
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ISLAMABAD: Mobile phone manufacturing company Samsung is "actively considering" setting up a smartphone assembly plant in Pakistan, revealed Federal Minister for Industries and Production Hammad Azhar on Thursday. "Smartphone…
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