Business
Business
Corporate result: Honda Atlas Cars reports 48% surge in profit
Karachi: Honda Atlas Cars has posted a net profit of Rs1.81 billion for the half-year (Apr-Sep) period, up by a significant…
ADB approves $1.4bn for energy sector
Islamabad: The Asian Development Bank (ADB) on Friday approved a combined loan assistance of about $1.4 billion for two programmes…
Russian giant Gazprom eager to supply LNG to Pakistan
Islamabad: Russian energy giant Gazprom has expressed keen interest in supplying liquefied natural gas (LNG) to Pakistan, which has already signed…
Pakistan has 10,159 tcf of shale gas deposits: USAID
Islamabad: Pakistan has massive deposits of 10,159 trillion cubic feet (tcf) of shale gas and 2.3 trillion barrels of oil –…
Indonesia likely to ban import of Pakistani kinnows
Islamabad: Indonesia is likely to impose a ban on the import of Pakistani Kinnows with effect from January 2016. According to…
World Bank agrees to finance Tarbela’s extension
Islamabad: The World Bank has affirmed its financial assistance for the 1,410-megawatt fifth extension of Tarbela hydroelectric power project that will…
AGP gives govt clean chit on Nandipur project
Islamabad: The federal government has claimed that the Auditor General of Pakistan (AGP) has given it a clean chit on the…
WAPDA signs Rs4.8 billion contract with Chinese group
Islamabad: The Water and Power Development Authority (Wapda) has signed a contract worth Rs4.8 billion with China Railway First Group (CRFG)…
PSDP: Development spending sees axe
Islamabad: The Ministry of Finance has withheld funds amounting to Rs79.4 billion out of the Rs150.6 billion sanctioned by the planning…