Parliamentary panel issues warning to foreign banks for non-cooperation
ISLAMABAD: Foreign banks have faced the ire of a parliamentary panel on finance for subverting its calls on an ongoing probe into...
Deputy governor SBP quashes worries over rising trade/current account deficit
LAHORE: State Bank of Pakistan Deputy Governor Jameel Ahmad said widening trade and current account deficit aren't something to be worried about as...
Asian stock markets down, following declines on Wall Street
HONG KONG: Asian shares sank Friday, following declines on Wall Street after a proposed delay to U.S. tax cut plan dented investor...
Pakistan-Malaysia sign IGA for LNG supply
ISLAMABAD: Pakistan on Thursday signed an Inter-Governmental Agreement (IGA) with Malaysia for provision of LNG supply at a ceremony held at Prime...
Football exports increased 8.53pc during 1st quarter FY 2017-18
ISLAMABAD: Pakistan earned US$37.808 million from the export of footballs during the first quarter of the current fiscal year, showing an increase...
Govt imposes Rs 4,669 per ton levy on locally-produced LPG
ISLAMABAD: Apparently to benefit the importers at the cost of people using LPG as fuel, the government has notified imposition of petroleum...
Bifurcation of MEPCO, LESCO and PESCO after decisions by respective BODs: Awais LaghariÂ
ISLAMABAD: Power Division Federal Minister Sardar Awais Ahmed Khan Laghari has directed that bifurcation of MEPCO, LESCO and PESCO must be decided by the...
General Electric signs China deals worth $3.5 billion
BEIJING: General Electric Co signed three aviation and engine deals with Chinese partners worth a total of $3.5 billion on the sidelines...
Watershed management helped to raise Mangla’s life to 269 years
LAHORE: Pakistan Water and Power Development Authority (WAPDA) Chairman Lt Gen (R) Muzammil Hussain on Wednesday visited Mangla Watershed Management Project to...
Oil prices steady but questions raised over recent bull run
SINGAPORE: Â Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC...
OCAC warns of legal action against Honda Pakistan
ISLAMABAD: Honda Pakistan on Wednesday was issued a warning by Oil Companies Advisory Council (OCAC) to take back its complaint about sale...
SBP to acquire shares of ZTBL/HBFC in exchange for debt settlement
ISLAMABAD: State Bank of Pakistan (SBP) has been given go-ahead by the government to purchase shares of Zarai Taraqiati Bank Limited (ZTBL)...
Punjab governor calls for cotton, mango exports enhancement to boost economy
MULTAN: Punjab governor Malik Rafiq Rajwana, urged farmers and growers on Wednesday to promote cotton and mango exports which would be a...
US envoy, minister discuss energy cooperation between Pak, US
ISLAMABAD: US Ambassador in Pakistan David Hale on Wednesday called on Power Division Federal Minister Sardar Awais Ahmed Khan Laghari here.
During the...
Power Division Minister orders inquiry against Rs2.45bn loss by Jamshoro Power Company
ISLAMABAD: Taking serious notice of Rs 2.45 billion loss allegedly registered by the Jamshoro Power Company (777 MW Jamshoro Power Plant) in...