Business

Business

Euro rises higher as ECB reports improved bank lending

The euro edged higher against the dollar earlier yesterday after the European Central Bank reported eurozone banks were improving lending…

2 Min Read

Current account deficit steadily shrinks by 93.3%

Pakistan’s current account deficit in the first quarter of 2015-16 remained $109 million, according to data released by the State…

4 Min Read

Pakistan trying to leverage US and China’s interest in the region

The consensus of the US and China on the economic and trade integration in this region has created a feeling…

6 Min Read

Local industry protection: 10% regulatory duty imposed on cotton yarn imports

The government has decided in effect to impose a 10% regulatory duty on imports of cotton yarn, grey and processed…

5 Min Read

Govt earns an estimated Rs.170 bln through privatization

Chairman Privatization Commission Muhammad Zubair Friday stated that, "the government has earned Rs.170 billion during last 15 months through privatization."…

1 Min Read

CPEC group forecasts energy shortfall to increase to 10,844MW

The energy planning expert group of China-Pakistan Economic Corridor (CPEC) has forecast electricity shortfall to further increase to 10,844MW by…

3 Min Read

Pakistan, Russia ink agreement to build Karachi-Lahore gas pipeline

Pakistan and Russia earlier today signed an 'inter-governmental' agreement for the construction of 1100-kilometer gas pipeline project from Karachi to…

1 Min Read

“Pakistan on its way to become ‘mini superpower’ within next decade”: Minister

"The country is on its way to becoming a mini superpower by 2025," insisted Minister for Planning, Development and Reforms…

2 Min Read

US wants to invest in ‘economic corridor’ projects

The United States has expressed an interest in investing in energy projects under the multibillion-dollar China-Pakistan Economic Corridor (CPEC) to…

4 Min Read