Business
Business
Foreign exchange reserves increase to $13.44b
The country’s total liquid foreign exchange reserves increased to $13.443 billion during the week ending October 31 compared to $13.2bn…
Youth loan terms softened further by govt.
Rules have further been softened for seeking loans under Prime Minister’s Youth Business scheme, and now balloting will be held…
PPP senators submit adjournment motion to discuss Pentagon report
The PPP submitted yesterday an adjournment motion to the Senate Secretariat to discuss a ‘Pentagon report’ about Pakistan. The motion,…
FTAs hitting Pakistan’s trade balance
Pakistan’s trade balance deteriorated further following signing of preferential trade agreements with China, Malaysia and Indonesia, according to sources. They…
“Gas price hike inevitable”: Petroleum Minister Abbasi
Petroleum Minister Shahid Khaqan Abbasi said earlier yesterday that efforts were being made to shift the burden of proposed gas…
Govt agrees to Rs216/share floor price for OGDCL
The Cabinet Committee on Privatisation earlier yesterday approved floor price of Rs216 per share for disinvestment of up to 10…
Gold/silver prices nose dive
Gold sank more than 2pc yesterday to its lowest since mid-2010, potentially opening the way for a fall to $1,000…
UAE economy en route to ‘fast paced’ recovery
The United Arab Emirates economy, the Arab world’s second largest, is recovering at a brisk pace after the global financial…
Oil reserves discovered in Sindh
The Oil & Gas Development Company Limited (OGDCL) has discovered new oil fields in Tando Allah Yar, Sindh. This is…