Business

Business

World Bank warns Pakistan of ‘substantial’ fiscal risks

Sovereign guarantees against the $46 billion China-Pakistan Economic Corridor (CPEC) investment and a likelihood of increased spending ahead of the…

4 Min Read

Punjab: Consumers pay billions to non functional power plant

Consumers of electricity have paid billions of rupees in 'capacity charges' to a non functional power plant as gas supply,…

3 Min Read

Mutual fund performance: AKD Opportunity Fund ranked the very best in 2015

AKD Opportunity Fund was the best-performing equity fund in 2015. As a matter of fact it posted an annualised return…

5 Min Read

Air Indus all set to resume operation later this month

Air Indus, which has not operated a a single flight since June 2015, is attempting to resume operation this month…

5 Min Read

KSE-100 nose-dives by 500 points within an hour of session start

The KSE-100 Index plunged nearly 500 points shortly after trading for the day began early morning today. The plummet in…

2 Min Read

PIA sell-off ordinance converted into bill

Islamabad: The federal government has converted the repealed PIA privatisation ordinance into a bill to keep the PIA sell-off option open.…

4 Min Read

Second quarter: FBR tops tax collection target by Rs35 billion

Islamabad: The Federal Board of Revenue (FBR) has made a net collection of around Rs785 billion against the target of Rs750…

2 Min Read

Unable to cut line losses, SSGC warns consumers of loadshedding

Karachi: Sui Southern Gas Company (SSGC) Managing Director Khalid Rahman has warned consumers, including domestic ones, of gas loadshedding. Speaking…

7 Min Read

Pakistan, Sri Lanka to sign MoUs for trade and training

Islamabad: Pakistan and Sri Lanka are going to sign two memoranda of understanding (MoUs) for promoting trade and providing training services…

3 Min Read