Business plan worth Rs 32b drafted for revival of PSM
Sources in the Ministry of Industries and Production are reported to have informed that Business Development Committee (BDC) of PSM Board of...
Mobile commerce, a driving force behind banking, says: Chairman PTA
ISLAMABAD: Chairman, Pakistan Telecommunication Authority Dr. Syed Ismail Shah has said that mobile commerce has become a driving force in banking sector...
Relief to consumers: Gas utilities asked to rationalise revenue requirements
ISLAMABAD: The Petroleum Division of the Ministry of Energy has advised the state-owned gas companies (SNGPL and SSGCL) to rationalise revenue requirements,...
Joint audit study fails to evaluate quantum of losses in Qatar LNG deal
ISLAMABAD: A Joint Audit Special Study carried out to investigate the multi-billion-dollar LNG gas deal signed by Pakistan with Qatar has failed...
Uber president Jeff Jones quits, deepening turmoil
Ride services company Uber Technologies Inc has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing...
Gold and oil prices jump, stocks down after Iran attack on US troops
Escalating geopolitical risk has increased oil and gold prices while Asian stock markets plummeted following firing of Iranian missiles at US airbases...
Pakistan will never allow its soil to be used for money-laundering, terror-financing: Miftah
ISLAMABAD: Adviser to Prime Minister on Finance Miftah Ismail has said that Pakistan will never allow its soil to be used for...
Oil rises after Saudi Arabia suspends shipments through Red Sea lane following attack
Brent crude futures had risen 66 cents, or 0.9 percent, to $74.59 a barrel by 0019 GMT, after gaining 0.7 percent on Wednesday
Pakistan updates guidance for Islamic banks’ external audits
Pakistan's central bank has updated guidance on Sharia governance for Islamic finance institutions, expanding the scope of external audits to help mitigate...
NEPRA reserves decision on Rs 1.83 per unit hike in electricity tariff under FCA of August
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has reserved its decision on Rs 1.83 per unit increase in the power tariff on...
FBR contemplates abolishing incentive on overseas loans
KARACHI: The tax regulator is contemplating to abolish an incentive given to banks on advances through their foreign branches.
According to sources in...
Finance, climate change ministers, highlight causes and impact of urbanisation
ISLAMABAD: In the launching ceremony of the State of Pakistani Cities report under the agenda of 'Role of Cities in National Economic...
Petrol prices may be revised downward
The petroleum product prices may be revised downward by Rs 1 to Rs 2 per litre as the crude oil prices have...
German companies express interest to invest in wind energy
Hyderabad: German companies have expressed keen interest in investing in wind power in Pakistan, aiming to assist the government in overcoming the...
Textile sector exports rise by 3% YoY to $1.3bn in March
APTMA data shows this sector recorded exports of $12.44 billion in nine months of FY2023-24, slightly down by 0.3%Â