HBL to face cases before NYDFS: Noman Karamat Dar CEO HBL

Karachi:Habib Bank Ltd (HBL) can easily pay the fine imposed by the New York State Department of Financial Services (NYDFS) without hurting...

Puma Energy acquires 51pc stake in Pakistani OMC Admore

Karachi:Puma Energy Limited, whose largest shareholder is commodities trader Trafigura has inked an agreement with Admore Gas Private Limited to acquire 51pc...

Oil and gas sector to be focus of attention in today’s ECC meeting

Islamabad: The first meeting of the reconstituted Economic Coordination Committee (ECC) has been called on Tuesday, by the PM Shahid Khaqan Abbasi. The...

Govt’s thinks its hands are tied against sugar cartel

Islamabad: Even after establishing that the sugar mills have formed a cartel, resulting in an increase of Rs 14 per kilogram, an...

Prices for petroleum products may remain unchanged for September

Islamabad: The government has decided to maintain the same rates of petroleum products in the forthcoming month of September. Credible sources disclosed that...

APTMA urges govt to save and revive textile sector 

Karachi: High input costs have been labelled as the reason for the closure of several textile mills which manufactured yard and fabrics...

ADB smart meter project hits snags

Islamabad: The $400m smart meter project championed by Asian Development Bank (ADB) has hit snags, as the scheme is said to be...

LCCI, SPFC to promote investment in forestry sector of South Punjab

Lahore: Lahore Chamber of Commerce and Industry (LCCI) and South Punjab Forest Company (SPFC) on Monday agreed to make joint efforts to...

Mobile phone imports surged by 48.41pc during July 2017

Islamabad:  Mobile phone imports into the country surged by 48.41 percent during the first month of the current fiscal year compared to...

Jazz going in for the kill

It is 6:30 on a Sunday (August 20) evening, a roadside vendor, using open cry method, lures half a dozen men to...

A touch of modernity reaps much higher returns

Nestle, MRI collaboration on Chaunsa Project already a huge success Frustrated with persistent decrease in the yield and productivity of his mango orchards,...

Pakistan may import POL, LNG from Maldives once IGA gets signed

Islamabad: Energy ministry sources have revealed that once Pakistan and Maldives sign an Inter-Governmental Agreement (IGA), it is expected that Pakistan will...

MCB profits jump up by 27.8pc to reach Rs13.69b for Jan-June 2017

Karachi: In a notification sent to the bourse on Friday. Muslim Commercial Bank Limited (MCB) announced its financial results for the half...

Pakistan receives automatic tea-processing plant from Turkey

Islamabad: National Tea and High Value Crops Research Institute (NTHVCRI) Director, Dr Farrukh Siyar Hamid on Friday disclosed that Turkey’s Ministry of...

KP govt floats proposal for getting exploration rights without bidding

Islamabad: Khyber-Pakhtunkhwa (KP) government has floated an idea for getting petroleum exploration rights which would be granted to provincial energy companies for...

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FBR proposes up to Rs40,000 tax for shopkeepers

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a maximum Rs40,000 fixed tax for shopkeepers, Pakistan Today has learnt. As per the documents, the tax...

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Dawood sees ‘surge’ in exports as reason behind economic growth

FAISALABAD: Adviser to Prime Minister on Commerce Abdul Razaq Dawood on Saturday expressed satisfaction on the government's policies, saying that increase in exports is...