Business

Business

Inflation dips to 12-year low of 1.3% last month

 Inflation in Pakistan continued to drop, falling to a low of 1.3% in September ,amidst fears of the risk of deflation.…

3 Min Read

Government raked over coals over LNG purchase at ‘high prices’

Senators belonging to the Pakistan Peoples Party (PPP) earlier today castigated the Petroleum and Natural Resources Minister Shahid Khaqan Abbasi…

5 Min Read

US to release $375 million under CSF arrangement

Breaking the gridlock over a fresh agreement on the continuation of Coalition Support Fund (CSF) disbursements beyond 2014, the United…

5 Min Read

FBR still Rs63 bn short of tax collection target

The FBR is facing revenue shortfall of Rs63 billion during first quarter (July-Sept) period of the current fiscal year. In…

2 Min Read

Airports overhaul plan: Govt to spend Rs.44b

The government is planning a huge Rs.44 billion overhaul of major airports over the next two years. Its part of…

4 Min Read

Circular debt: PIA, ower companies owe PSO Rs.215 bn

The circular debt of power companies and the Pakistan International Airlines (PIA) has gone through the roof as the Pakistan State…

6 Min Read

IMF releases $505m trenche to Pakistan

The International Monetary Fund (IMF) has approved the release of a $504.8 million tranche to Pakistan in spite of  questions…

5 Min Read

OGRA recommends non existent reduction in POL prices

The Oil and Gas Regulatory Authority confirmed earlier today that will send a summary to the Petroleum Ministry seeking a…

0 Min Read

“Dawood group believes in Pakistan”: CEO Dawood

“Why is there so much negativity in what we read about Pakistan,” asked the the 32-year-old CEO of Dawood Hercules.…

6 Min Read