Business
Business
Deposits rise 11%, surge to Rs9.2 trillion
Total outstanding deposits in the banking system in the country surged to Rs9.2 trillion at the end of January, up 10.8%…
Jamshoro power plant: Work yet to begin as project delays enters 3rd straight year
The government’s plan to produce 1,320 megawatts of electricity from the $1.5 billion Jamshoro coal-fired power plant by the end…
Western route: K-P wants more share in the pie of CPEC projects
The Khyber-Pakhtunkhwa government has sought 6,000 megawatt power projects as well as representation on the working groups of the China-Pakistan…
Pakistan’s economic performance shows good improvement, budget deficit at 1.7%
Following a sharp reduction in development expenses and big savings incurred by all provinces, as of now Pakistan’s national budget…
Fed. govt wants higher rates of LNG, ignores OGRA
The federal government has out-rightly ignored the LNG price set by the Oil and Gas Regulatory Authority (Ogra). Instead it…
Iran-Pakistan gas pipeline project: Succumbs to US Arab political pressure
Pakistan almost certainly will not be able to receive gas from Iran even after most sanctions on the latter have…
Local car sales continue to increase
The Sales of local car assemblers (including light commercial vehicles (LCVs), vans and jeeps) increased by 57% year on year (YoY)…
Pakistan to sign 5 more LNG agreements with Qatar
Minister of Petroleum and Natural Resources Shahid Khaqan Abbasi has said that five more liquefied natural gas-based agreements will be…
Gold demand remains low Market flat
Gold’s consumer demand in Pakistan during 2015 remained flat on a year-on-year basis, according to statistics on global gold demand…