Water scarcity fuels crisis for sowing of Kharif crops

Punjab like Sindh is facing a dire shortage of irrigation water as the stake of all Kharif crops is under threat in both provinces.

K-Electric applies for changes in generation licence, seeks addition of RLNG as alternative fuel

K-Electric’s available generation capacity stands at 1,902 megawatts out of which 913-megawatt gas dependent and needs 180 mmcfd of gas

Haroon asks opposition not to politicise budget

  ISLAMABAD: Brushing aside the opposition's demand for clamping economic emergency, Special Assistant to the Prime Minister on Revenue Haroon Akhtar Monday called...

FBR turned down health ministry’s proposal to increase cigarettes prices

ISLAMABAD: The Federal Board of Revenue (FBR) straightaway rejected the Ministry of National Health Regulation Authority’s proposal’ to soar the cigarettes price...

HBL appoints new President and CEO

KARACHI: Habib Bank Limited (HBL), the largest bank in Pakistan has announced that Muhammad Aurangzeb has joined the bank as the President and...

Prices of petroleum to rise by Rs1.70 per litre from May

ISLAMABAD: The government is likely to increase petroleum prices starting Tuesday after the Oil and Gas Regulatory Authority (OGRA) sent a summary...

Export package on cards to promote trade of value-added products

ISLAMABAD: The government is working on a new package to facilitate exporters with a special focus on promoting the trade of value-added...

Market Daily: KSE 100 drops 117.91 points, settles at 45,488.86

LAHORE: The Pakistan Stock Exchange (PSX) opened the first trading session after the announcement of the Budget 2019 on a positive note....

A bank sold for just Rs1,000. Does it make any sense?

Profit demystifies the controversy over the sale of KASB Bank

How paramilitary helped Advans Bank double its size in one year

As peace returns to Karachi, losses spread over half a dozen years are now consigned to the past

Shopkeepers’ scam adds fizz to profits

Retail prices of Coke and Pepsi remain unnoticed while retailers overcharge consumers day in, day out by as much as 40 percent – making millions over the top, apparently unnoticed

Engro poised to set up first Pak merchant LNG terminal

The $500 million joint venture with Shell, Gunvor, and Fatima Group will allow Engro to import, regasify and sell liquified natural gas without the need for government contracts.

Saudi Aramco appoints first woman executive to the board

DUBAI: Saudi Aramco, the world’s top oil company which is preparing to go public, said on Sunday it has appointed new members...

Iran local cryptocurrency project on track despite ban by central bank

DUBAI: Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country’s central bank banned trading...

Relief to livestock, dairy, agri sectors to help increase production: ICCI president

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) President Amir Waheed has welcomed the sixth budget announced by the present government,...