Govt allocates Rs38b for construction of Hakla-Yark motorway
Islamabad: The federal government has allocated Rs 38 billion for the construction of Hakla on M-1 to Yark, Dera Ismail Khan Motorway...
Pakistan lagging behind Asian countries in terms of household mortgages: SBP
Karachi: The State Bank of Pakistan (SBP) on Friday released a research report entitled ‘Bank Credit to private Sector, A critical Review...
G-20 leaders to hold talks on global trade and climate change
Hamburg: International leaders are set to convene for a second day of talks on global trade, climate change and international terrorism at...
PITB working on one-window center’s to help businesses
Lahore: In order to ease of doing business in the province, the Punjab Information Technology Board (PITB) is in the process of...
Eurozone approves $9.6b loan for Greece
Athens: Europe’s bailout fund has approved the payment of 8.5 billion euros ($9.6 billion) in rescue loans to Greece, a long-delayed installment...
Govt to impose additional surcharges on electricity consumers
Islamabad: In order to obtain a $300m loan facility from the Asian Development Bank (ADB), the government has succumbed to the demands...
FDI target set at $15b by 2025: BoI
Islamabad: The Board of Investment (BoI) has said that the government would hold roadshows in Germany, China and the United Arab Emirates...
Pakistan’s GDP growth rate is even higher than that of China: Harvard study
ISLAMABAD
Pakistan's predicted annual growth rate over the next 10 years is nearly 6 per cent, according to the revised growth projections presented...
The financial sector remains in sound, stable state: SBP
KARACHI
The State Bank of Pakistan (SBP) issued its annual publication viz., Financial Stability Review (FSR). The review presents an analytical assessment of...
Govt sets target to produce 234mn tonnes of oilseed by 2017-18
ISLAMABAD
The government has set a target of producing 234 million tonnes of oilseed including rapeseed, mustard and canola in order to fulfill...
PBIC lauds Dar for breaking rupee fall
ISLAMABAD
President Pakistan Businessmen and Intellectuals Forum (PBIF), Senior Vice Chairman of the Businessmen Panel of FPCCI and Former Provincial Minister Mian Zahid...
KSE-100 gains 399pts after a stagnant session
LAHORE
The KSE 100 index traded both ways, falling down to intraday low of 44,549.45 with loss of 273.67 points in the first...
PSX registers its worst performance in June since 1999: Valuewalk
Karachi: According to a write-up on investment website ValueWalk, the Pakistan Stock Exchange (PSX) suffered its worst performance in June since 1999....
OCAC seeks two years to meet regulatory requirements
Islamabad: Oil Companies Advisory Council (OCAC), a consortium of various oil marketing companies and refineries has sought one to two years for...
Slow speed of internet to persist for few more days across Pakistan
Islamabad: Significant number of internet users have been experiencing slow internet speed from last few days during peak hours while few areas...