Suzuki prepones car plant shutdown, announces upcoming shutdowns
LAHORE: Pak Suzuki Motor Company (PSMC) on Tuesday notified the Pakistan Stock Exchange (PSX) that it will shut down its car plant till September...
NEPRA mulls over Rs3.39 per unit hike in tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday mulled over a Rs3.39 per unit increase in the electricity tariff for the next...
Prices of rice and pulses increase in Peshawar
ISLAMABAD: The prices of rice and pulse prices in Peshawar have skyrocketed within a span of three months and are expected to rise further...
Price of 15kg flour bag increases by Rs50 in Punjab
LAHORE: The Punjab Flour Mills Association (PFMA) on Tuesday increased the price of a 15 kilograme (kg) bag by Rs50 or Rs5 per kg,...
Pakistan needs enhanced financing for natural disasters: ADB
ISLAMABAD: Pakistan urgently needs to enhance the current disaster risk finance approach as risk retention mechanisms are insufficient to cover the losses associated with...
Rupee sheds 1.56 against US dollar
ISLAMABAD: Pakistani rupee (PKR) on Tuesday depreciated by Rs1.56 against the US dollar in the interbank trading and closed at Rs221.42; against the previous...
PSX to launch dividend index for investors
KARACHI: The Pakistan Stock Exchange (PSX) has launched its first dividend based fundamental index, PSX Dividend 20 Index, as a major step towards facilitating...
Govt to revise GDP targets as floods batter economy
ISLAMABAD: The government is likely to revise gross domestic product (GDP) targets due to devastating floods in the country which will slow down production...
Floods destroy 105 mini hydropower stations in Malakand, HazaraÂ
PESHAWAR: As many as 105 mini hydel power stations in nine districts of Malakand and Hazara division have been severely damaged or destroyed completely...
PSX loses 449 points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) Monday witnessed a bearish trend, losing 449.81 points, a negative change of 1.06%, closing...
Finance minister wants nation to live within its means
ISLAMABAD: Finance Minister Miftah Ismail on Sunday said that the nation has to live within its current national resources by which the government can...
KP govt releases Rs7bn for Swat Motorway Phase-2
PESHAWAR: The Khyber Pakhtunkhwa (KP) government has released Rs7 billion for the construction of the Swat Motorway Phase-2 project.
The provincial government is constructing the...
China Railway company to deliver 46 coaches to Pakistan RailwaysÂ
LAHORE: Pakistan Railways will receive 46 of 230 new passenger coaches from China in December.Â
This will be the first batch of coaches delivered as...
Biometric verification of vehicles, motorcycles still required in Punjab
LAHORE:Â Rumors of suspension of the biometric system for transfer of vehicles and motorcycles in Punjab have left car dealers and agents stranded at Punjab...
Suzuki announces  ¥10m in aid for flood victimsÂ
LAHORE: Pak Suzuki Motor Company (PSMC) has announced 10 Million Japanese Yen in aid to help flood victims come back to their normal lives...
