Total water storage in reservoirs face 30 percent shortfall, as Tarbela hits maximum level
Pakistan’s main water reservoirs have gained 65.60 percent of the combined live storage of 13.681 MAF, of which 34.40 percent capacity requires to be filled
Textile exports clock $1.002 billion in July, register 16.09 percent MoM fall
During July, cotton yarn exports rose 7.62 percent YoY, touching $117.343 million
Khushhalibank selects IRIS Payment Platform for digital transformation
Karachi:Â As Khushhali Microfinance Bank Limited continues to expand its customer base amongst an increasingly growing microfinance market, it recognizes the need to...
NBP signs MoU’s with Mobi Direct, becomes settlement bank, consortium member
ISLAMABAD: The National Bank of Pakistan (NBP) signs two Memorandum of Understanding with Mobi Direct enabling NBP to become a consortium member and...
Zameen.com’s parent group EMPG announces $50mn investment as part of larger round
Emerging Markets Property Group (EMPG), the parent company of Zameen.com and other vastly successful property portals in the MENA and South Asia regions, has announced that...
PM has ordered to bring back laundered money, says Umar
ISLAMABAD: Minister of Finance Asad Umar remarked on Monday that Prime Minister Imran Khan has ordered to bring back money which has...
CDNS awarded Best Financial Inclusion Award Pakistan 2018
ISLAMABAD: Central Directorate of National Savings (CDNS) with an aim to inculcate the habit of thrift among the masses and as an important tool towards...
Sale of refrigerators, deep freezers up by 15 to 20pc Â
KARACHI: The sale of Refrigerators and Deep Freezers have gone up by approximately 15-20 per cent on the eve of this Eidul...
SBP issues fresh notes ahead of Eidul Azha across Pakistan
KARACHI: To meet the demand for currency on the occasion of Eid-ul-Azha, the State Bank of Pakistan (SBP) through its 16 field...
Market Daily: PM gets cold welcome from PSX as stocks end flat
LAHORE: The Pakistan Stock Exchange (PSX) did not give a very warm welcome to the new Prime Minister. As economic worries loom,...
Country’s current A/C deficit widens to $2.2bn in July
KARACHI: The current account deficit (CAD) of the country further widened by 12.18 per cent to $2.2 billion in the first month...
Rasheed woos investors, says railways is ‘open for business’
ISLAMABAD: Newly-appointed Railways Minister Sheikh Rasheed on Monday said he will need at least four months to bring Pakistan Railways "back up...
PM appeals to overseas Pakistanis to send money via banking channels
KARACHI: Newly elected Prime Minister Imran Khan Sunday appealed to the Pakistanis living abroad to send their money through proper banking channels and invest...
PepsiCo to acquire Sodastream for $3.2 billion
Under the terms of the agreement between PepsiCo and SodaStream, PepsiCo has agreed to acquire all of the outstanding shares of SodaStream International Ltd. for $144.00 per share, in a transaction valued at $3.2 billion. The transaction will be funded with PepsiCo's cash on hand
United Auto’s gearing to launch 800cc Bravo hatchback by 1st September: Report
In November last year, United Auto Industries announced it was venturing into car manufacturing and was gearing up to launch an 800cc car