Business
Business
ADB pessimistic over deficit, growth targets
The Asian Development Bank (ADB) has questioned Pakistan’s ability to achieve the budget deficit and economic growth targets in the…
Govt may subsidise LNG supply to fertiliser units
The government is in the process of considering provision of subsidy on imported liquefied natural gas (LNG) supply to fertiliser…
Dar meets adversary to bridge trust deficit
After being severely criticised for manipulation of figures to show a good health of economy, Finance Minister Ishaq Dar met…
Current account balance improves: Deficit shrinks by over $1b
Pakistan’s current account deficit in the first two months of 2015-16 remained $394 million, according to data released by the…
Oil and gas reserves discovered in Punjab
Mari Petroleum Company Limited announced earlier yesterday it had struck another significant crude oil, condensate and natural gas discovery in…
Pakistan Steel Mills: ECC approves another Rs.1 billion while Hinting at cutoff
Despite injecting Rs21 billion in Pakistan Steel Mills under the name of enhancing capacity utilisation, the Privatisation Commission admitted on…
7 power projects to reach financial close by year-end claims Minister
Seven private coal-based and hydropower projects, having a total electricity generation capacity of 5,155 megawatts, will reach their financial close…
Nandipur power project: Govt to outsource operations to Chinese firm
As controversy over the 425-megawatt Nandipur power project increases, the government has found a way out and decided to outsource…
Contract for PM’s National Health Programme: State Life wins through
State Life Insurance Corporation has won a contract to execute the multi-billion rupee ‘Prime Minister’s National Health Programme’ by placing…