Business
Business
Power generation: Govt. to curtail furnace oil production
In a new policy, the government has decided to curtail oil consumption in electricity production and produce about 21,000 megawatts…
Gwadar’s new airport to be constructed for Rs. 26.6 billion
The Executive Committee of National Economic Council (Ecnec) approved the construction of the New Gwadar International Airport at a sanctioned…
1HFY15: Remittances increase by 15.26% hit $8.98b
Overseas Pakistanis sent remittances amounting to $8.98 billion in the first half of 2014-15, which translates into a year-on-year increase…
Sales of cars and tractors show upward trend
The tractor segment witnessed robust growth in sales during the first half of fiscal year 2015, benefitting from the reduction…
KSE starts week on a bullish note
The index began the week on a bullish tone as strong interest in the steel sector helped market sentiment. At…
Foreign exchange reserves cross $15 billion through govt efforts: Ishaq Dar
Federal Finance Minister Ishaq Dar earlier today said that the foreign exchange reserves of the country have crossed over $15…
Telecom Sector earns Rs. 90 billion revenue
Data services have helped generate hefty revenues for Pakistan's mobile telecommunication companies. With the increased use of mobile social applications…
Property prices stable in Major cities
The year 2014 was nearly stable for the real estate market of Pakistan. Although experts predicted a stronger display than…
Oil falls further in Asian trade
Oil fell further in Asia Monday, with weak demand and a supply glut putting relentless pressure on prices already at…