Tuesday, August 4, 2020
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Engro Fertilizers, Australia’s DFAT train over 4,000 smallholders

LAHORE: Engro Fertilizers Limited, Engro Foundation and the Government of Australia’s Department of Foreign Aid and Trade (DFAT) have successfully trained more than...

Balloki power plant’s 9HA gas turbine successfully completes its first fire-test

Lahore: The 9HA gas turbine installed for the Balloki Power Plant in Patoki has successfully completed its first fire test as reported...

Loan size for Rabi crops being raised to Rs30,000 under E-credit scheme

Minister was told in the meeting that under E-credit scheme interest-free loans of Rs 453,682 had been provided during last four seasons while loans of 32.027 percent were being provided during the ongoing season

WB says Pakistan’s GDP to shrink by 1.3pc

ISLAMABAD: The Gross Domestic Product (GDP) of Pakistan will contract by 1.3 per cent in financial year 2020 due to a sluggish domestic...

Wall Street rises at open, lifted by upbeat earnings

US stocks opened higher on Tuesday, led by consumer discretionary and technology stocks following upbeat earnings, while investors wait for President Donald Trump’s...

ECC allows 150MW additional power supply to Karachi

Committee approves Rs1.8bn power subsidy for tribal districts ISLAMABAD: The Economic Coordination Committee (ECC) on Wednesday allowed an additional supply of 150MW power...

Payment transactions volume falls 4.2pc in third quarter: SBP

KARACHI: The total payment transactions in Pakistan showed a decrease of 4.2 percent by volume and 3 percent by value in the...

Pakistan’s innovative furniture has potential to dominate global market

KARACHI: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Zubair Tufail on Saturday said Pakistan’s furniture industry has a big...

Stocks plunge 517 points in pre-budget session

KARACHI: Bears took control of the Pakistan Stock Exchange (PSX) on Friday, as the investors adopted a cautious approach ahead of the...

ECC to take up circular debt, impact on power sector in first meeting

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet will take up the matter of circular debt and its impact on the...

Pakistan suggests ADB strengthen its resident mission

“The ADB may also further strengthen its capacity to support social sector, help expand private sector, operations including Public-Private-Partnerships (PPPs), enabling development member countries to address these challenges,” Economic Affairs Division Secretary Syed Ghazanfar Abbas Jilani said

SBP reserves surge $1.9bn, stand at $10.5bn

The foreign exchange reserves held by the central bank surged 22.56pc on a weekly basis, according to data released by the State...

Agreement on Pak-Hungary Economic Cooperation signed

Finance Minister, Senator Mohammad Ishaq Dar, witnessed the signing ceremony of the agreement on Economic Cooperation between Pakistan and Hungary at the Ministry of Finance...

CDC to facilitate transfer of book-entry securities under tax amnesty scheme

KARACHI: The Central Depository Company (CDC) Limited will facilitate the transfer of book-entry securities in the central depository system against the declaration...

Pakistan rice exports surpassed $2 billion in FY18: Report

Rice exports dwindled in the aftermath of FY15 when they crossed $2 billion, touching $1.86 billion in FY16 and $1.61 billion in FY17