Disco’s recoveries fall, as circular debt crosses Rs750 billion
ISLAMABAD: The Power Ministry on Monday acknowledged on Monday circular debt has crossed over Rs750 billion due to decrease in recoveries in...
Pakistan’s CPEC liabilities will peak to $3.3-4.5 billion annually by 2025
LAHORE: The 10th Annual report on state of Pakistan’s economy entitled “China-Pakistan Economic Corridor Review and Analysis” says the country’s CPEC debt...
AFG contemplating to support Pakistan in installation of solar tube wells
ISLAMABAD: The French Development Agency (AFD) is contemplating to give Pakistan help for installation of solar-powered tube-wells in Balochistan, said the French...
Faltering of K-Electric deal could be catastrophic for investor confidence: Abraaj
ISLAMABAD: Abraaj Group on Monday said the delay in clearance of K-Electrics acquisition by Shanghai Electric Power by regulatory authorities is bound...
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...