Switzerland never offered to return Pakistanis’ assets in its banks: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has refuted that Switzerland never offered to return even a single dollar of Pakistanis deposited...
Consumer prices for LPG raised by Rs7 per kg
ISLAMABAD: According to notifications issued by the Oil and Gas Regulatory Authority (OGRA), the consumer price for LPG has increased by Rs7...
NEPRA to approve modification in FIPL’s generation license
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is set to take up proposed modifications in the power generation license of Fimcotex...
HBL declares consolidated after-tax profit of Rs8b
KARACHI: Habib Bank Limited (HBL) on Thursday declared a consolidated profit after tax of Rs8.1 billion, with earnings per share for first half of...
Engro Powergen Thar successfully tests, energises power plant
KARACHI: Engro Powergen Thar Limited (EPTL) Chief Executive Officer Ahsan Zafar Syed has announced that Pakistan has made history by achieving successful...
Country’s dollar reserves jump by $1.339b to $17.079b
KARACHI: The dollar reserves of the State Bank of Pakistan (SBP) jumped by $1.339 billion during the last week and stood at...
Market Daily: KSE-100 closes in red after a shaky session
LAHORE: The Pakistan Stock Exchange (PSX) witnessed another jittery session on Thursday. The indices, after a decent beginning to the session, went...
SECP registers 1,076 new companies in July
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,076 new companies in July.
As compared to the corresponding month of the last financial...
Iran halts supply of 80MW electricity to Balochistan coast
ISLAMABAD: Briefing the Senate Committee on Power on Thursday, federal power ministry officials said, Iran had halted the supply of 80 megawatts...
K-Electric initiates legal notice to ministry over lower tariff
ISLAMABAD: A legal battle has begun between K-Electric and the federal government over implementation of a tariff decision taken by the National Electric...
Whatsapp to start charging business users
Facebook Inc’s WhatsApp messenger service will start charging businesses for sending marketing and customer service messages, it said on Wednesday, as the...
LCCI launches ‘Classified Directory of Trade and Industry’
LAHORE: The Lahore Chamber of Commerce and Industry Wednesday launched the “LCCI Classified Directory of Trade and Industry” which ha as vast range of business data.
The...
MCB Bank announces financial results for half year ended June 30
LAHORE: The Board of Directors of MCB Bank Limited, met under the Chairmanship of Mian Mohammad Mansha, on August 01, 2018 to...
Circular debt surges to Rs1080b from Rs106b in 2008
ISLAMABAD: A meeting of the Senate Special Committee on Circular Debt was held here in Parliament House under the Chairmanship of Senator...
Master Motor hands over OGRA compliant vehicles to PSO for POL transportation
KARACHI: “Master Motor Corporation Ltd. (MMCL) in pursuit of its commitment to the safe transportation of petroleum products has developed vehicles in...