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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…
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…
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…
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…
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…
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…
Sugar Row: Mills & growers offered compromise
The Sindh government offered yesterday to reduce the minimum purchase price of sugarcane to around Rs168 and Rs170, down from…
Massive govt. borrowing from pvt. banks creates liquidity crunch
The government borrowed extensively from the market (scheduled banks) rather then the SBP, as a matter of policy in the…
“FIs must treat their consumers fairly” SBP Chief Ashraf Wathra
Financial institutions must ensure that their consumers are treated fairly, the State Bank’s governor said yesterday emphasizing that increase in…