Business
Business
Road network development: ADB approves $100m loan for M-4 motorway
The Asian Development Bank (ADB) will loan an estimated $100 million to Pakistan for the construction of the Gojra-Shorkot section…
Milk for children to be taxed even more heavily
The government is insistent on making life even more difficult for the common man, as it has refused to withdraw proposed changes…
CPEC: $8.2b railtrack upgrade project gets green signal
Pakistan earlier yesterday cleared, in principle, two strategically important $10 billion projects (a) for upgrading a key mainline of Pakistan…
Senate blocks Bill empowering banks to sell mortgaged property
A senate panel has formally blocked the approval of a bill that would have given widespread powers to banks to sell…
Pakistan keeps mum on $800m owed by UAE’s Etisalat
Islamabad: The $800 million in arrears from the privatisation of Pakistan Telecommunication Limited are not mentioned in 2016-17 budget books, suggesting…
Fruit prices soar in Islamabad as Ramazan begins
Islamabad: As the first of Ramazan began in the country on Tuesday, prices of fruits were also increased in the…
Chinese officials inspect mango HWT plants in Sindh
Hyderabad: Chinese quarantine officials visited hot water treatment (HWT) plants at three different mango orchards in lower Sindh on Monday…
Budget 2016-17: Pakistan sets another ambitious target of 5.7% GDP growth rate
Using the occasion for self-congratulation, Finance Minister Ishaq Dar presented budgetary proposals for 2016-17 before the National Assembly on Friday.…
Stocks rally ahead of budget in anticipation of tax breaks
Karachi: The Pakistan Stock Exchange rallied over 500 points to reach an intra-day high of 37360.88 points on Friday, hours…