Economy

Tens of thousands of Indian farmers, protesting over agricultural laws that they say threaten their livelihoods, have vowed to carry on their around-the-clock sit-ins despite cold weather that has already led to some deaths among them.…
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ISLAMABAD - The Economic Coordination Committee has approved Mobile Device Manufacturing and Electric Vehicles Policy (02-03 wheelers and HCVs {Heavy Commercial Vehicles}). The policy was presented by the Ministry of Industries and…
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ISLAMABAD: Prime Minister Imran Khan Wednesday said that his government was striving to revive industrialization as the only method to alleviate poverty and achieve inclusive growth through wealth creation. “This is the first government…
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The World Bank’s Board of Executive Directors Wednesday approved $300 million in financing for two projects in Pakistan the Sindh Resilience Project and the Solid Waste Emergency and Efficiency Project. These investments will bolster…
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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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