Business

Business

SBP’s discount rate cut to speed economic revival

Pakistan's central bank cut its key discount rate to 8.5 percent from 9.5 percent on Saturday, in line with analyst…

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Textile exports drop more then 6.36%

The Pakistan Textile Exporters Association (PTEA) has expressed deep concern over the drop of 6.38% in textile exports in December…

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Cut in drug prices to lead to massive Shortages: Pharma industry

Leading drug manufacturers have warned that the shortage of important drugs is getting worse in the country and it will…

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Govt. rejects import ban demand by car makers

The government has rejected the demand of local car-makers who sought imposition of a ban on the import of used…

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150MW power Plant producing only 15 MW Electricity

Hardly between 15 and 20 megawatts of electricity is being generated at the Lakhra power station which has the installed…

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Pakistan Forex reserves stand at $15.01908bn

Total liquid foreign exchange reserves of the country stand at dollars 15.01908 billion, said State Bank of Pakistan's (SBP) weekly…

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KSE Watch: Bull run continues

The index continued its bull run as it ended yet another day on a positive note. While late profit-taking trimmed…

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PTA to hire consultants for selling mobile broad band frequencies

Pakistan Telecommunication Authority (PTA) is in the process of hiring consultants to sell licences for one frequency slot in 1,800…

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Agri credit disbursement up to Rs219.5b in first half 14-15

 Agricultural credit disbursement increased to Rs219.5 billion in the first half 2014-15, which constitutes 44% of the overall annual target…

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