Business

Business

Proposed gas tariff adjustments to deprive provinces of Rs30bn GDS

The proposed gas price adjustment for revival of profitability of the two gas companies has been estimated to eat up…

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5 MoUs signed with Iran

Pakistan and Iran yesterday signed five memorandums of understanding (MoUs) to boost cooperation in the field of investment, economic and…

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FFBL plans to incorporate three subsidiaries

KARACHI: The Fauji Fertiliser Bin Qasim Limited (FFBL) disclosed its diversification plans on Monday as it seeks to enter meat…

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Trading slows down on cotton market

The cotton market was easy yesyerday as market remained devoid of much activity except short covering from some needy millers…

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Political turmoil halts bull run at the stock market

The stock market winning streak, which saw gains of three per cent last week, came to a halt yesterday the…

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LCCI demands dry port in Hub

The Lasbela Chamber of Commerce and Industry (LCCI) has demanded establishment of a dry port at Hub. In a statement…

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IP gas project to be completed in two phases on the pakistani side

While admitting its failure to complete Iran-Pakistan Gas Pipeline Project on time, Pakistan yesterday reaffirmed its commitment to the visiting…

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Federal govt. appreciates low spending by provinces to curb galloping fiscal deficit

The centre and the four provinces have agreed not to spend their due share of the federal divisible pool to…

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Increasing growth in banks’ profit

Banks’ net profits are growing thanks to their disproportionally huge investment in high-yield government debt papers and the growing share…

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