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Work on TAPI pipeline to begin in December
Federal Minister of Petroleum and Natural Resources Shahid Khaqan Abbasi has announced that heads of Pakistan, Afghanistan, India and Turkmenistan…
Dollar crosses Rs104
KARACHI: The US currency crossed Rs104 in the open market on Wednesday, providing a premium of more than Rs2 per…
Differences emerge over new auto policy
Islamabad: Differences between two key ministers are apparently standing in the way of approval of the proposed new auto policy that…
NBP claims 600,000 ghost pensioners bagged billions
Islamabad: In what might well be one of the biggest financial scandals of the country, the National Bank of Pakistan (NBP)…
Engro Corp’s profit up 200% in first half of 2015
Karachi: Engro Corp increased its net earnings by more than 200% in the first half of 2015 and outperformed the benchmark…
Dreamworld to be delisted from September 17
Karachi: The Karachi Stock Exchange (KSE) has accepted the request of ‘Dreamworld Limited’ for its delisting from the exchange, a statement…
Landmark deal seals finance of Thar coal mine
Karachi: After years of hollow promises, a landmark agreement was signed on Monday to finance Pakistan’s first open-pit coal mine in…
A declining gold demand in Pakistan
Karachi: Gold’s consumer demand in Pakistan remained 9.5 tonnes during the second quarter of 2015, which is down 22.7% from a…
Tax on internet pulls down economy
Islamabad: In the present age, internet is perhaps the single most important driver of innovation, competitiveness and growth. Digital economy is…