PM gives go-ahead for release of Rs570 million for hospital’s upgradation

ISLAMABAD: The Prime Minister Shahid Khaqan Abbasi in contravention of rules has ordered the release of Rs570 million for the upgradation of...

Sindh, Punjab faced major water shortage during October-March

ISLAMABAD: The Indus River System Authority (IRSA) said on Monday, Punjab faced 31 percent water shortage, Sindh 32 percent, Balochistan 7 percent...

Govt plans collection of Rs17bn from consumers on account of gas loss

ISLAMABAD: Pakistan Muslim League-Nawaz government is all set to approve the collection of above Rs17 billion from the gas consumers on account...

CPEC to ensure prosperity in Pakistan: Governor

LAHORE: Punjab Governor Malik Muhammad Rafique Rajwana said on Monday that China-Pakistan Economic Corridor (CPEC) would prove to be a game changer...

SsangYong Motors keen to introduce premium SUVs in Pakistan

KARACHI: Within weeks of launching Daehan SHEHZORE, the senior management of SsangYong Motor Company (SYMC), a well-known premier SUV manufacturer from South Korea...

Plans to set up mini industrial estates in Sialkot

SIALKOT: The Punjab government is actively considering establishing mini industrial estates in remote and less-developed areas of the province. The aim of the...

Pakistan Capital Investment Summit, Expo 2018 to be held in Islamabad

LAHORE: Pakistan’s largest saving and investment show "Capital Investment Summit and Expo 2018" is to be held at the Pak-China Friendship Centre...

Value of e-banking transactions registers quarterly growth of 28pc

KARACHI: Digital banking channels processed 186.7 million transactions worth Rs11.7 trillion in Oct-December 2017, according to data released by the State Bank...

Car sales increase 15pc in February

KARACHI: The sale of locally assembled cars and LCVs increased by 15 per cent year on year basis for the month of...

PM for joint efforts to take Iran-Pakistan trade to $5 billion by 2021

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Monday said that Pakistan and Iran should work together and make their utmost efforts for enhancing...

Market Daily: Cements, E&Ps push KSE 100 by 400 points

LAHORE: The Pakistan Stock Exchange (PSX) had a lazy start to the week with narrow volumes. With lawmakers playing the number game...

Cash still in vogue and its use is rising: BIS

LONDON: Even though more people now use cards, mobile phones or even facial recognition technology to pay street performers, buy pizza or...

Pakistan arm imports plunged 36 percent between 2008-12 & 2013-17: Report

LAHORE: A report released by Stockholm International Research Peace Research Institute (SIPRI) revealed Pakistani arms imports dropped 36 percent between 2008-2012 and...

Pakistan rupee due for another round of devaluation

ISLAMABAD: Jon Scheiber, CEO and partner at Tundra Fonder believes the Pakistani rupee is due for another round of devaluation and said...

Kacchi canal project investigation report comes under scrutiny

ISLAMABAD: The Ministry of Planning, Development and Reforms (MPDR) is set to table a position paper in the next Council for Common...