SECP registers 926 companies alone in May 2017
ISLAMABAD
The Securities and Exchange Commission of Pakistan (SECP) has registered the highest number of 926 new companies in the month of May 2017, witnessing...
NTDC warns of acute shortage of RFO at thermal power plants
'If the issue remains unresolved, Lahore and Faisalabad may witness up to four hours of load shedding in the coming days'
OGDC discovers new gas reserves in Sukkur
Karachi: In a notification sent to the bourse on Friday, Oil and Gas Development Company (OGDC) announced that it had discovered gas deposits and...
NEPRA approves seven-year tariff for K-Electric with adjusted return on equity
Distribution tariff set at Rs3.84 per kWh, transmission at Rs2.99 per kWh; decisions aim to balance financial stability and sector performance
Punjab govt spent hefty amount for increasing yields: DC
SIALKOT: Sialkot Deputy Commissioner Dr Farrukh Naveed said on Wednesday the Punjab government had spent billions of rupees under various schemes to provide guidance,...
NAB yet to decide on inquiry of KASB amalgamation into BankIslami
Auditor general had framed allegations against SBP for causing a loss of Rs3.4bn through the merger
SBP says no reason to consider fresh...
NIC Lahore extends application deadline for 2nd batch of startups
LAHORE: The National Incubation Centre (NIC) Lahore is now accepting applications for its 2nd batch of entrepreneurs aiming to make it big through their...
Opposition assails govt’s in handout of agriculture loans to Punjab
ISLAMABAD: The government was assailed by the opposition on Tuesday in the National Assembly for its alleged favourable treatment in distribution of agriculture loans...
Horticulture exporters set 325,000 tons target for Kinnow exports
A record export volume of 375000 tons was attained during last year fetching foreign exchange of $200 million
Toyota tests solar-powered Prius in quest for plugless electric car
TOKYO: Inspired by new ultra-thin solar panels developed for satellites, a project led by Toyota Motor Corp is experimenting with a sun-powered Prius that...
Advances grow by 17 per cent in 2017, ADR improves to 53 per cent
KARACHI:Â According to a research report by Topline Securities, advances of the banking sector grew by 17 per cent in 2017 while the Advances to...
Electricity bills set to soar as NEPRA approves FCAÂ
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has jacked up the power tariff by Rs 4.12 per unit on account of fuel charges...
Amazon contemplating entering financial sector with a checking-account like product
NEW YORK: Amazon.com Inc, the world’s largest online retailer, is in talks to create a checking-account-like product with big banks such as JPMorgan Chase...
SBP calls for deep-rooted structural reforms to ensure economic stability
--'Govt's policy measures affected the performance of industrial sector and dampened manufacturing activities in FY19'
While Pakistan’s economy moved along the
stabilization phase led by demand...
Oil prices decline, on back of weak Chinese, Japanese industrial data
TOKYO: Oil prices fell on Wednesday as weak Chinese and Japanese industrial data triggered concerns of an economic slowdown that could lower oil demand,...
