Power tariff for June may see reduction of Rs2.13 per unit
Islamabad: A petition for electricity tariff reduction has been filed with National Electric Power Regulatory Authority (NEPRA) by the Central Power Purchasing...
Industrial output grows 5.69pc in 11 months of FY 2016-17
Islamabad: The country’s large scale manufacturing (LSM) sector grew by 5.69 percent during the first 11 months of fiscal year 2016-17 as...
PSO borrowings from banks surge to Rs130.5b
Islamabad: Pakistan State Oil’s (PSO) borrowing from banks has surged to Rs130.5b due to default of payments by Pakistan International Airlines (PIA)...
Cumulative trade deficit for last fours recorded at nearly $99b
ISLAMABAD: As exports kept falling compared to ever rising imports since the present government came into power in 2013, the trade deficit...
SBP governor meets top leadership of commercial banks, sets future policy
KARACHI
State Bank of Pakistan (SBP) Governor, Tariq Bajwa presided his first meeting with the presidents/chief executive officers of all commercial banks here...
Provincial govt sets aside Rs10b for establishment of Balochistan Bank
Quetta: The provincial government has set aside Rs10b for the launching of Balochistan Bank in the current financial year 2017-18. It is...
Senate standing committee raises doubts over BOP’s right shares issue
Islamabad: On a complaint of a minor shareholder of the Bank of Punjab, the Senate Standing Committee on Thursday took it up...
Wind power projects take priority over coal in Pakistan
Islamabad: Pakistan is beginning to reap the benefits of Chinese investment in renewable energy infrastructure, with the opening of the first wind...
PML-N lawmakers assure completion of 3600MW power projects
Lahore: Pakistan Muslim League-N (PML-N) lawmakers assured on Tuesday completion of 3,600 megawatt power projects in Jhang, Sheikhupura and Balloki within the...
Agri dept eyes to control fruit flies in 30 districts
MULTAN
Agriculture (Extension) Director General, Zafar Yab Haider Tuesday said that the agriculture department had launched a special project to control fruit flies...
LCCI for effective policy making to revive PSM
The Lahore Chamber of Commerce & Industry (LCCI) while showing concern over the deteriorating state of the affairs of Pakistan Steel Mills...
Is Qmobile’s iron grip beginning to slip away?
When it comes to hardware technology, one hardly finds a local brand as big as Qmobile. Regardless of which side of the...
Sialkot chamber urges govt to set up support industry
SIALKOT: Sialkot Chamber of Commerce and Industry (SCCI) President Majid Raza Bhutta has urged the government to take steps for setting up...
Crop-based collateral lending unveiled in Pakistan
ISLAMABAD
In a major development, Pakistan’s leading bank, Hank Bank Limited (HBL) has disbursed first-ever loans based on crop (wheat) as collateral to...
Hakla-D.I. Khan Expressway to be completed next year
Islamabad: The construction work on 285 kilometer long Hakla-Dera Ismail Khan Expressway is in full swing and the project would be completed...