Business
Business
1.63 million converted to 3G, 4G networks in March
The mobile phone operators in the country have managed to convert 1.63 million of their subscribers to 3G and 4G…
Rs 118b being spent under NISP to reach out the poor
The present government, after inheriting Benazir Income Support Programme (BISP), has spent Rs 40 billion and enhanced allocation to this…
Non-textile exports drop 11.3pc
Islamabad: Pakistan’s exports of non-textile products dropped by 11.29 per cent year-on-year from $8.703 billion to $7.72bn during the first…
Govt plans first tax survey in 15 years, raising rates for non-filers
Islamabad: Faced with country’s 55 per cent of undocumented businesses and just 0.5 per cent of population filing tax returns,…
Bestway acquires Lafarge cement plant
Chakwal : Bestway Cement Limited, a subsidiary of Bestway Group, has taken over Lafarge Cement plant located near Kallar Kahar.…
Return on PIBs cut by up to 44bps
Karachi:The government has further slashed the cut-off yield on Pakistan Investment Bonds (PIBs) on Wednesday, but their risk-free charm continued…
Pakistan, Iran eye trade at $5 billion
Islamabad: Pakistan and Iran have agreed on a five-year trade facilitation plan to enhance bilateral trade to $5 billion. The…
Index sheds 269 points after four-day rally
Karachi: The four-day rally at the stock market that saw the KSE-100 index gain 3.7 per cent came to a…
Govt may allocate Rs575bn for development in next budget
Islamabad: The federal government is expected to allocate Rs575 billion for the Public Sector Development Programme (PSDP) and increase salary…