Business
Business
Pakistan gets MSCI upgrade, Stocks rise to all-time high
Pakistan's benchmark index jumped as much as 3 per cent in early trading earlier today, climbing to a record high…
China’s nomination of Sinopec for LNG deal with Pakistan worries Pak officials
China has nominated its largest energy firm, Sinopec, to sign a government-to-government LNG deal worth billions of dollars with Pakistan,…
12,568 MW electricity to be added to national grid by 2018: Govt claims
Over 12,568 Megawatts of electricity would be added to the national grid after completion of a number of power generation…
Sindh govt praises itself over much-touted tax collection on back of indirect taxes
In a self-congratulatory budget speech earlier yesterday, Sindh Finance Minister Syed Murad Ali Shah set the target for local tax…
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…