Business

Business

Dar blames sit-ins for deteriorating investment environment

The government held the sit-ins at D-Chowk responsible for losses of billions of rupees and deteriorating investment environment in the…

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Kot Addu Power Company earns Rs2.41bn profit

Kot Addu Power Company (Kapco) reported profit-after-tax of Rs2.41bn, representing earnings per share (eps) at Rs2.74 for the first-quarter FY15.…

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Australian surgeons transplant ‘dead’ heart in revolutionary breakthrough

Australian surgeons said last week that they have made a major breakthrough by making a dead heart beat again and…

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SBP decides to facilitate Islamic banks

ISLAMIC banks can now manage their short-term liquidity more efficiently as the central bank has decided to start conducting open…

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Labour reforms a huge challenge for Indian PM Modi

INDIA’S labour laws are archaic, complex and sometimes utterly meaningless, which discourage entrepreneurs from expanding their workforce for fear of…

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India wants overland transit facility for wheat exports to Afghanistan

As the Indians seek permission to export over a million tonnes of wheat to Afghanistan through Pakistan’s land route, the…

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OGDCL earns a whopping Rs124bn profit

The Oil and Gas Development Company Limited achieved a record after-tax profit of Rs124 billion during the last financial year,…

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LPG prices reduced by a hefty margin

Marketing companies reduced earlier yesterday the  price of Liquefied Petroleum Gas (LPG) by Rs25 per kg, decreasing the price of…

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Steel Mills at standstill

Having added Rs53 billion losses to its stock of Rs258bn debt and liabilities in 16 months, Pakistan Steel Mills has…

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