Govt may withdraw power subsidy to industries
ISLAMABAD: The Rs3 per unit (KWh) subsidy extended to the industrial sector granted by the former Prime Minister Nawaz Sharif in 2015...
In second IPO of 2018, pharmaceutical company AGP set to get listed on PSX
KARACHI: AGP Limited, one of the country’s topmost local pharmaceutical companies is gunning for an initial public offering (IPO), an official of...
Omni Group claims it is being politically victimised
ISLAMABAD: Omni group, an industrial, agricultural and service oriented group in Pakistan established in 1999, has claimed that it is being politically...
PM inaugurates Digi Skills programme to train one million youth through online modules
ISLAMABAD:Â Prime Minister Shahid Khaqan Abbassi inaugurated Digi Skills programme aimed at training one million youth through online modules in Islamabad on Thursday.
Addressing...
Heads of electric supply companies removed over skyrocketing losses
ISLAMABAD:Â The Power Division has removed from position heads of four electric supply companies of the country for not containing losses in their...
No objection regarding merger of Sindh Bank, Summit Bank: SBP
ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday during a meeting of Senate Standing Committee on Finance and Revenue, informed that it does...
Rs 10bn worth benefits given to Chinese firm through tax exemption
ISLAMABAD: Senate’ Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Control informed that around Rs 10 billion worth benefits were given to...
SBP foreign exchange reserves decrease 2.2pc in a week
KARACHI:Â Foreign exchange reserves of the State Bank of Pakistan (SBP) amounted to $13.23 billion on January 26, down 2.2 per cent from...
Supply issues force Suzuki to suspend Wagon R booking
KARACHI:Â Pak Suzuki has notified its dealers to suspend the booking of Wagon R cars as the company is currently facing supply issues...
Mega Conglomerate to acquire 15.8 percent stake of Dawood Hercules in Hubco
LAHORE: In another big acquisition news, Mega Conglomerate (Pvt) Ltd is set to acquire 15.8 percent stake that Dawood Hercules Corporation Limited...
Fire breaks out at Colgate Palmolive’s Kotri factory
LAHORE: A bourse notification filed Thursday by Colgate Palmolive (Pakistan) Ltd revealed a fire broke out at its Kotri factory, which damaged...
Bank of Azad Jammu & Kashmir business plan/budget for 2018 approved
MUZAFFARABAD: The services of Bank of Azad Jammu and Kashmir were appreciated in its 31st board meeting held here on Wednesday and...
NAB starts investigation to indict those responsible for shutdown of PSM
ISLAMABAD: National Accountability Bureau (NAB) has initiated an investigation to identify those responsible for the shutdown of Pakistan Steel Mills (PSM) and...
HBL appoints renowned banker Muhammad Aurangzeb as President/CEO
LAHORE: Pakistan's largest bank Habib Bank Limited (HBL) revealed it has appointed Mr. Muhammad Aurangzeb as the President and CEO of the bank.
This...
Oil prices remain steady, after OPEC’s strict compliance with supply reduction pact
TOKYO: U.S. oil prices extended modest gains on Thursday as OPEC’s strong compliance with a supply reduction pact offset news that U.S....