Business
Business
PSO increases imports of furnace oil to meet power shortage
Pakistan State Oil (PSO) has announced that the company, has increased imports, to ensure increased supply of furnace oil to the power plants…
Expected: Oil prices likely to rise up to 14.6%
Islamabad: Officials in the Ministry of Petroleum and Natural Resources have revealed that petroleum product prices in the country could be…
Budget, uplift plans get PM’s virtual nod
Islamabad: Alongside extending blanket approval for the centre’s budgetary proposals and the consolidated annual development plan for the next financial…
Govt mulls plans to increase tax on share-trading for non-filers
The tax burden of non-filers of income tax returns is likely to go up by almost half on gains they…
KPK: 3 power projects to start generation by year end
The Khyber Pakhtunkhwa (KPK) government has completed work on three power projects with 56 megawatts capacity in different districts which…
Oil prices top $50 a barrel but then recede
Oil prices topped $50 a barrel for the first time this year on Thursday as the global supply glut shows…
Govt’s tight pockets could hamper CPEC projects
Islamabad: Financial constraints may hamper progress on critical projects of the much-trumpeted China-Pakistan Economic Corridor (CPEC), as the Planning Commission has…
HBL enters microfinance banking segment
Karachi: Habib Bank (HBL) has entered the microfinance banking segment by acquiring a majority shareholding in Pakistan’s third largest microfinance bank…
Up to $100bn kept by Pakistanis in offshore companies, moot told
Karachi: When the Panama leaks hit the headlines in Pakistan suddenly everybody said what was happening and became very emotional,…