E&P companies to drill 90 wells in current fiscal year
ISLAMABAD: During the current fiscal year, oil and gas Exploration and Production (E&P) companies are to drill 90 wells in different areas...
Market Daily: KSE-100 flat WoW amid profit-taking
During the week, foreigners remained net sellers to the tune of $14.6 million as against net selling of $0.4 million seen during the same period last week.
Jazz offers customers direct carrier billing for purchases on Google Play
KARACHI:Â Jazz customers can now purchase apps and make in-app purchases from Google Play using their mobile balance or postpaid bill. This direct...
Cement despatches grow by 5.10 per cent
Despite the disruption caused by the General Elections, the sector posted 5.10 per cent growth in July.
Imran and the IMF: Pakistan’s bailout dilemma
Pakistan's budget deficit has grown steadily over the past five years, from four percent to 10 percent of GDP
Urea prices surge to Rs1,800 per bag, as supplies dwindle
During the last nine months, the prices of urea have risen by Rs450-550 per bag from Rs1,250-Rs1,300 per bag
PTI govt to start construction of TAPI pipeline
The government-owned Inter-State Gas Systems is responsible for executing all oil and gas pipeline projects
Pakistan secures $200 million loan from Standard Chartered to finance LNG imports
During FY18, Pakistan imported $2.5 billion of LNG to operate power plants and was 87 percent higher than FY17, as per data released by Pakistan Bureau of Statistics (PBS)
Pakistani nationals residing in UAE topped in availing foreign tax amnesty scheme
According to Chairperson Federal Board of Revenue (FBR), Rukhsana Yasmeen there were total declarations of 82,848 people of which 5353 were availed under foreign tax amnesty and 77,845 availed domestic amnesty
Finance Minister chairs NEC meeting to outline steps for FATF action plan
ISLAMABAD: Finance Minister, Dr Shamshad Akhtar chaired a meeting of the National Executive Committee (NEC) here on Thursday.
NEC is a high-level body established to...
Switzerland never offered to return Pakistanis’ assets in its banks: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has refuted that Switzerland never offered to return even a single dollar of Pakistanis deposited...
SBP’s foreign reserves increase by $10,350m in one week
LAHORE:Â According to a notice by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at...
Consumer prices for LPG raised by Rs7 per kg
ISLAMABAD: According to notifications issued by the Oil and Gas Regulatory Authority (OGRA), the consumer price for LPG has increased by Rs7...
Asad Umar considers massive privatisation drive via ‘wealth fund’
ISLAMABAD: Asad Umar, the man most likely to be the next finance minister of Pakistan, in an interview with the Financial Times,...
NEPRA to approve modification in FIPL’s generation license
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is set to take up proposed modifications in the power generation license of Fimcotex...