WAPDA decides to divert water supply to Satpara Dam

ISLAMABAD: With the Satpara Dam unutilised for years, the Water and Power Development Authority (WAPDA) has taken a decision to fill the dam...

Bulls stage comeback as KSE-100 gains 824 points

KARACHI: Bulls staged a comeback at the Pakistan Stock Exchange (PSX) on Friday, as the indices recovered the losses made in the previous...

PMRC to provide banks long term fixed rate housing finance

KARACHI: Newly established Pakistan Mortgage Refinance Company (PMRC) will provide banks with long-term funding at fixed rates to promote housing finance. Speaking at...

US jobless claims keep climbing to hit 38.6mln since lockdowns

WASHINGTON: Millions more Americans filed for unemployment benefits last week as backlogs continue to be cleared and disruptions from the novel coronavirus...

NBP declares Rs 22.8bn PAT in 2016 up by 18%

The meeting of board of directors of National Bank of Pakistan (NBP) was held today at NBP Head Office Karachi and it...

Chinese loan accounts for 11pc of total foreign debt: EAD

'By investing in Pakistan, China is enabling the Pakistani economy to stand on its feet and get out of the debt...

Forbes lists Pakistan among top countries for social entrepreneurs

Forbes, a global media company that focuses on businesses, investments and entrepreneurship, has termed Pakistan's improvement in the social entrepreneur sector as...

PTI has recorded the highest 1st half deficit in Pakistan’s 71 year history: Miftah Ismail

The ex-finance minister termed the economic figures for the first half of the current FY19 as not "pretty"

Real estate consultants laud revision of evaluation rate, criticise lack of amnesty scheme

ISLAMABAD: The real estate consultants have demanded the government to announce a general amnesty scheme for investors in real estate across the...

Pakistan and India combined imported 8pc of global LNG supplies in 2016

Singapore: South Asia, long a backwater for energy markets, is emerging as a hotspot for liquefied natural gas (LNG), with Pakistan and...

Punjab government to raise Rs25b through government securities

Lahore Throughout the Financial Year 2017-18, the Punjab government is expected to raise Rs25b through government securities with the aid of the State...

SBP removes limit on export consignments’ shipping documents

KARACHI: The State Bank of Pakistan (SBP), through a statement issued on Thursday, has allowed the exporters to directly dispatch shipping documents...

‘Pakistan Post to be transformed into profitable entity soon’

ISLAMABAD: Federal Minister for Postal Services Murad Saeed on Monday told Senate that Pakistan Post would soon be converted into a profitable entity. He...

Pak to become epicenter of regional connectivity through CPEC: Ahsan Iqbal

Planning Minister Ahsan Iqbal while addressing an international marketing conference in Lahore has said that  Pakistan is going to be an epicentre...

Russian central bank turns attention to banks hit by slower gold exports

MOSCOW: Russia's central bank is considering how to help the country's commercial banks with gold storage after complications with bullion exports because...