Business

Business

Domestic cement sales rise

Domestic sales of cement increased while exports decreased during the first five months of this fiscal year compared to the…

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Govt focused on development” PM Mian Nawaz Sharif

The government has taken on the agenda of development and reform with strong commitment and leadership specifically focusing on plans…

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OGDCL discovers oil, gas in Attock region

Oil and Gas Development Company Limited (OGDCL) has announced the discovery of hydrocarbon deposits at its exploratory well, Jand No.…

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Bulls shatter another record and push index over 32,000 points

Bulls continued their record-shattering stampede yesterday, tossing the KSE-100 index to new all-time high at 32,090.93 points. Volume was again…

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Pakistan receives over $1bn in sukuk payment

Yesterday, Pakistan has received $1 billion payment for its recent sukuk sale, said a spokesman for the State Bank of…

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Energy subsidies benefit the rich more then the poor: WB

A new report released yesterday by the World Bank (WB) on inequality in South Asia, says that energy subsidies have…

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First phase of Pak Chinese Economic Corridor approved

ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) on Thursday approved eight development projects worth Rs157 billion, including…

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Banks sell dollars due to liquidity crunch

Selling of dollars by many cash-starved banks to generate liquidity has mounted pressure on the rupee against the greenback, according…

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Turks interested in investing in Pakistan

A Turkish business delegation led by Governor Ankara Mehmet Kiliclar visited the defence exhibition IDEAS-2014 yesterday. On the occasion, Governor…

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