SSGC facing 115mmcfd gas shortfall, Senate told
Committee expresses concern, says depriving Sindh, which is producing around 70pc the country's total natural gas, from its due share is not...
Markets far from merry as stock losses extend into seventh day
MSCI’s world equity index, which tracks shares in 47 countries, was 0.15 percent lower on the day and down almost 7 percent in the past seven sessions — its worst stretch of daily losses since January 2016
Noor Financial completes divestment of 1.35% stake in Meezan Bank
Earlier, this month Meezan Bank had informed the bourse of Noor Financial being in initial stages of talks with foreign institutional buyers to divest 5.96% of its shareholding in the bank
SEP resubmits offer to acquire 66.4% stake in K-Electric
On December 21st, as per regulations, Shanghai Electric withdrew its offer due to lapse in the prescribed time period for making a public announcement of the offer
FBR to extend EPOS to retail stores and shopping malls
The tax department has informed the International Monetary Fund (IMF) that the government will extend the EPOS to retail chain stores and shopping malls till March 2019
Oil dips on oversupply concerns ahead of Christmas holidays
International benchmark Brent crude futures fell 27 cents, or 0.5 percent, to $53.55 a barrel at 0106 GMT
FIA alleges bank tried to conceal hacking incident: Report
Minister of State for Revenue Hammad Azhar on Friday told the Senate that hackers had stolen $6 million from the accounts of 6,000 BankIslami customers within 23 minutes last month
NAB likely to cut out names of accused from ECL in KASB-BankIslami case
LAHORE: Prime Minister Imran Khan has directed authorities to consider taking off names of four accused in the KASB Bank merger case,...
Innovation, technology key to sustainable growth for economy: Bizfest18
LAHORE: Google Business Group (GBG) on Saturday held the #Bizfest18 where experts from various industries participated in panel discussions about the state...
U.S. third-quarter growth trimmed; business spending slowing
Gross domestic product increased at a 3.4 percent annualized rate, the Commerce Department said in its third reading of third-quarter GDP growth
Lower Asia temperatures and charter rates nudge LNG prices higher
India and Europe drove the LNG demand this week
New agri technology introduced in KP to boost wheat production
The agriculture sector contributes 22% to KP's GDP, however, 31% of KP’s population is food insecure with a high rate of malnourishment
Renewable energy projects devoid of transmission lines
Officials believe that the existing transmission system didn’t have the proficiency to provide electricity from the new renewable plants
Govt mulling reducing withholding tax rates on banking transactions: Report
In several documents, the government admitted the levying of withholding tax is a huge obstacle to the growth of the banking sector
BankIslami lost $6m within 23 minutes in cyber attack
Finance Minister Asad Umar says according to SBP, no other bank had reported hacking of customers' data