Neelum Jhelum hydropower project’s 1st unit to be inaugurated on April 13
ISLAMABAD: The first unit of the strategically important 969 MW Neelum Jhelum Hydropower Project, located in Azad Jammu and Kashmir, will be...
Market Daily: KSE 100 drops 389.62pts to selling, political pressures
LAHORE: The KSE 100 index dropped a whopping 389.62 points, and settled at 45682.24 on Monday. Off to a rocky start once again...
Oil dips as trade dispute threatens growth
Traders worry that escalating tariffs on export goods, including U.S. crude oil, will stall trading and eventually choke world economic growth.
Federal budget 2018-19 to be pro-poor, business friendly
ISLAMABAD: Special Assistant to Prime Minister on Revenues, Senator Haroon Akhtar Khan here on Tuesday said that budget 2018-19 would be pro-poor, business-friendly,...
FPCCI asks government to reduce minimum tax rate
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in their budgetary proposals has urged the Federal Board of Revenue (FBR)...
PTCL posts Rs30bn revenue for first quarter of 2018, up 4pc YoY
MULTAN: Pakistan Telecommunication Company Limited (PTCL) announced its financial results for the quarter ended March 31, at its Board of Directors meeting...
High-level Afghan delegation visits Pakistan to improve bilateral trade
ISLAMABAD: A high-ranking ministerial delegation from Afghanistan, led by Deputy Minister for Commerce H E Kamila Sidiqi had met with Commerce Secretary...
Chinese hybrid rice to produce 18 tons per hectare record yield
Lahore: Rice growing experts on Tuesday said that the launch of Chinese Hybrid rice in Pakistan would bring revolution in rice production...
NBP declares Rs 22.8bn PAT in 2016 up by 18%
The meeting of board of directors of National Bank of Pakistan (NBP) was held today at NBP Head Office Karachi and it...
NA committee rejects report on NBP promotion process
ISLAMABAD: Showing dissatisfaction over the report of State Bank of Pakistan (SBP) regarding misappropriation in the promotion process for National Bank of Pakistan’s...
SBP adheres to SHC order, invites KASB shareholders to register complaints
KASB was sold for a mere Rs1000, while Sindh High Court termed SBP’s role in the BankIslami-KASB merger as a “breach of statutory duty.”
Uphill task for incoming govt as trade deficit worsens
KARACHI: It is a great challenge for the incoming government of Pakistan Tehreek-e-Insaaf (PTI) and its expected Finance Minister Asad Umer to...
Railways minister vows Rs10bn profit in FY19
RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed on Wednesday said that the department has set a target of receiving Rs10 billion in profit margins...
Japanese firm shows keen interest in Pakistan’s LNG sector
ISLAMABAD: A Japanese company, working in 501 sectors worldwide, on Thursday showed keen interest to work in Liquefied Natural Gas (LNG) sector of...
World Bank leadership search likely to end with US candidate
The search for a new leader for one of the most high-profile global organizations begins Thursday and seems likely to end again...