Cheetay seeks to enter difficult business segments, seize market share

Cheetay.pk is intending to enter the grocery delivery segment this September and will commence services from Lahore

Board of PLTL rebuffs proposal to merge it with PLL

The board of both GHLPL, PLTL refused to give approval to this proposal and requested reasons as to why the PLL chief sought to merge PLL & PLTL

As water crisis deepens, drought reality hits Pakistani population

Per capita water availability has been on a downward trend for decades. In 1947, when Pakistan was created, the figure stood at about 5,000 cubic meters per person, according to the World Bank. Today it is 1,000 cubic meters

Local petroleum production up by 12.98pc in ten months

ISLAMABAD: The production of petroleum products witnessed 12.98 per cent increase during the first ten months (July-April) of the current fiscal year...

Weekly inflation goes up by 1.71pc

ISLAMABAD: The weekly inflation for the week ended on June 13, for the combined income group witnessed an increase of 1.71 per...

Customs set to end cases against Digicom, release smuggled Q-Mobile phones

Digicom Trading Pvt Ltd had cleared the containers of the phones in the cover of LED lights (bulbs) via a green channel on 31 October 2017. These mobile phones were brought to Pakistan without getting an approval of Pakistan Telecommunication Authority (PTA) and also without getting their IMEI numbers registered

US dollar stands strong at Rs121.50, rupee continues to fall

The dollar continued its upward trend in the interbank market on Thursday closing at Rs121.50, ahead of Eid, touching its intraday high at Rs122.00, meanwhile the State Bank of Pakistan’s (SBP) revaluation rate was Rs121.40.

Atlas Honda jacks up prices of motorbikes third time this year

The fresh price for its vastly popular model CD-70 is now Rs64,900, for Pridor Rs89,900, CB150F Rs167,000 and CD Dream Rs68,900

Pakistan imported 10 million tons LNG in last three years

LNG imports have resulted in savings of $3 billion to the national exchequer

Rupee depreciation, rising global oil prices justify increase in petrol prices: OICCI

FPCCI lambasted the government for increasing prices of petroleum products and taking short-term decisions on the excuse of economic stabilization

Budget deficit widens to Rs2.1 trillion during July-May FY18

The finance ministry officials quoting estimates said during April and May 2018, the budget deficit widened Rs617 billion or 1.8 percent of GDP

LSM output declined 16.08 percent in April compared to March

On a monthly basis, food beverages and tobacco posted 2.97 percent growth, auto sector 1.64 percent, non-metallic mineral products including cement 1.51 percent, coke and petroleum products 1.12 percent

Farmers in Sindh demand province be declared a calamity-stricken zone

Chronic water shortage forced farmers in Sindh to ask the authorities to waive off all taxes which includes irrigation, land revenue and agriculture loans

Cellular providers to give 100 percent credit on credit recharge for 15 days

As per the SC directives, this relief will last for 15 days after which the FBR and cellular companies would submit a mechanism to the apex court for collecting taxes via mobile phone top-up cards

PM invites Japanese companies to invest in Pakistan

ISLAMABAD: Prime Minister Justice (r) Nasir-ul-Mulk Wednesday said Pakistan attached great importance to its relations with Japan and invited Japanese companies to avail...