Pak Suzuki Motors declares Rs394m profits in Q2FY18
KARACHI: Pak Suzuki Motor Company (PSMC) Tuesday declared a profit of Rs394 million in Q2FY18 despite price increases as well as the volumetric growth...
Stocks fall flat amid lacklustre trade
KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Wednesday, with the benchmark KSE-100 Index retreating all gains accumulated...
Matiari-Lahore transmission line hits snags, as Chinese firm slows down work
LAHORE: The $2b Matiari-Lahore high-voltage direct current (HVDC) 660kV transmission line is facing numerous delays, as the Chinese company contracted to execute...
Rs96 billion dispersed to 1,320 companies through SBP’s refinance scheme: Reza Baqir
KARACHI: A total 1,320 companies have availed State Bank of Pakistan’s (SBPs) refinance scheme and a sum of Rs96 billion has been...
Private sector’s credit off-take surges up four times during July-November 2017
KARACHI: Data released by State Bank of Pakistan (SBP) on Monday revealed private sector’s credit off-take from commercial banks has boomed and...
Pakistan to diversify exports into engineering, pharmaceutical products, says Razak Dawood
ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Friday said that Pakistan is rapidly diversifying its...
80pc of network to be shifted to 4G: Telenor CEO
ISLAMABAD: Telenor has so far invested more than US $ 3.5 billion Foreign Direct Investment (FDI) to expand its network and provide...
Pakistan needs to take definitive actions before next meeting of FATF: Asad Umar
Asad Umar said Prime Minister Imran Khan will chair a high-level meeting on Monday to discuss issues relating to currency smuggling and money service providers
Govt cuts funding by 60pc for 400 development projects
ISLAMABAD: Federal Government has cut funding for 400 new development projects by around 60 percent as it diverts these funding’s for establishment...
KSE-100 shrugs off early losses to close 149 points higher
KARACHI:Â Indices of the Pakistan Stock Exchange (PSX) which opened the session in the red on Friday managed to change its course later...
FBR sends notices to 100 tax defaulters
ISLAMABAD:Â After getting a nod from the federal cabinet, the Federal Board of Revenue (FBR) has dispatched notices to the residential addresses of...
Pakistan, Canada strive improvement in bilateral trade
ISLAMABAD: A joint working group meeting between Pakistan and Canada would be held in Islamabad in March to remove obstacles in bilateral...
Senate approves setting up of tribunal to challenge Nepra decisions
ISLAMABAD: A key legal change has been approved by a senate body to clip the powers wielded by National Electric Power and...
Weekly inflation up 0.52pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the combined income group increased 0.52pc during the week ended on Jan 28,...
PNSC, KPT, PQA struck off from privatisation list
ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) on Thursday removed Pakistan National Shipping Corporation, Port Qasim Authority and Karachi Port Trust from...