Lucky Cement records consolidated profit of Rs14.82b
KARACHI: On a consolidated basis, Lucky Cement Limited reported a net profit after tax of Rs14.82 billion after taking out Rs1.35 billion...
Financial, admin issues cause rift between commerce secretary, TCP chairman
ISLAMABAD: A tussle between the Commerce Secretary and Trading Cooperation of Pakistan (TCP) Chairman Mushtaq Ahmed Sheikh on the matter of financial...
China for proper handling of IMF’s funds to Pakistan against Pompeo’s warningÂ
BEIJING: A spokesman of the Chinese Foreign Ministry, Geng Shuang at a regular news briefing here on Tuesday hoped that matters relating to the...
Standard Chartered sees ‘minimal’ hit from U.S.-China spat as profits rise
Standard Chartered Plc, which gets most of its earnings from Asia, saw its retail banking income rise 9 percent on strong performances in Greater China and North Asia.
Ogra proposes increase of Rs2.75, Rs3 in prices of petrol & diesel
LAHORE: The Oil and Gas Regulatory Authority has forwarded a summary to the power division recommending an increase in prices of several...
Oil prices decline on oversupply concerns as OPEC output increased in July
For the month, Brent futures are set to drop 6.2 percent, the most since July 2016, while WTI futures set to decline 5.9 percent to, the biggest monthly drop since March 2017
Govt restrictions on non-tax filers bite auto companies, as delivery period of new car shortens
The last government in its budget presentation for FY19 had levied restrictions on non-filers of tax returns which prevents them from acquiring or importing vehicles
Interim government contemplating to keep oil prices unchanged
The second proposal involves increasing prices of high-speed diesel (HSD) and petrol by Rs2.10 as determined by Ogra and a final decision in this regard will be taken on Tuesday
Chinese company interested in acquiring 51 percent stake in Fauji Foods
Inner Mongolia Yili Industrial Group Co., Ltd. produces and sells dairy products in China and internationally
Zong 4G partners with Daewoo Express
Zong 4G and Daewoo Pakistan Express Bus Service recently entered into a strategic partnership to enhance connectivity on-the-go.
NEPRA blames previous govt for power underutilisation in industry report
ISLAMABAD: The failure of the power ministry to efficiently utilise new power plants developed under the leadership of the previous government has...
Market Daily: Investor interest on the rise, KSE-100 up 770 points
The KSE-100 index jumped 818.59 points in the session to touch 43,605.04 and closed the session higher by 770.18 points at 43,556.63.
Oil prices mixed; Brent eases as trade tensions weigh
Brent crude futures fell 5 cents to $74.24 a barrel, after notching up a 1.7 percent weekly increase last week, the first gain in four weeks
Nepra saddled by additional Rs112 billion circular debt in FY17
The report stated capacity payments to private power companies stood at Rs280 billion in FY16, rising to Rs350 billion in FY17 and Rs490 billion in FY18 respectively
Can drip irrigation eradicate Pakistan’s water crisis and food insecurity?
To save water, the country needs to replace its age-old method of irrigating crops with improved
yield and quality being tangible benefits