Business

Business

PSM receives Rs1.75bn

Pakistan Steel Mills (PSM) yesterday received the fifth installment of Rs1.750 billion under its restructuring package. This amount will help…

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TDAP chief urges Saarc to go the EU way

If India and Pakistan want to stren­gthen trade relations, they will have to separate politics from business, said Trade Development…

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Over 15,000 illegal tubewells operating in Balochistan

More than 15,000 illegal tube wells operate throughout Balochistan right under the nose of the Quetta Electric Supply Company (QESCO),…

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ECB launches new 10-euro banknotes

The European Central Bank announced that the new 10-euro banknote will start circulating from Tuesday. The ECB is gradually phasing…

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Pakistan seeks $815m in OGDCL share sale

The Government of Pakistan aims to generate approximately $815 million by selling shares in the Oil and Gas Development Co…

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Bulls return to Stocks exchange thanks to 150-point rally

Stocks gathered momentum yesterday which saw KSE-100 index gain 149.90 points or 0.50 per cent to yet again jump over…

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Rs2,810bn revenue target too ambitious: report

The revenue collection target of Rs2,810 billion for the fiscal year 2014-15 is too ambitious, says a government report. The…

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Finance Minister Ishaq Dar wants “fair play” in consumer goods market

Finance Minis­ter Ishaq Dar yesterday, asked the Competition Commission of Pakistan (CCP) to ensure fair play in the consumer goods…

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Bears make comeback as stocks fall below 30,000-level

After resisting for the past few sessions, the KSE-100 index finally gave up the 30,000-level as it dropped by 21.93…

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