Business
Business
Savings and investment decline in FY14
Both the savings and investment declined during the previous fiscal year but the gap between the two remained the same…
New drug pricing policy in finalisation process
The Drug Regulatory Authority of Pakistan (DRAP) is in the process of finalising a drug pricing policy which is expected…
Banks must provide for lawsuits, fines, in ECB tests
The European Central Bank will consider the impact of future lawsuits and fines in its review of whether the eurozone’s…
OGDC finds oil and gas in Hyderabad
The Oil and Gas Development Company (OGDC) has discovered hydrocarbon reserves in the exploratory well Pasakhi deep well No 4…
Draft bill seeks to end public sector monopoly over agriculture seed business
The country is amending laws to end the public sector monopoly over the agriculture seed business and allow the private…
Global food prices continue fall for 4th consecutive month
World food prices fell for a fourth consecutive month in July, with a sharp decline for grains, oilseeds and dairy…
PM Nawaz Sharif vows to complete Tapi project
Prime Minister Nawaz Sharif has said that Pakistan attaches priority to timely completion of Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline project. The…
Bulls mark cautious return at the Stock Market
The ‘bear run’ came to a halt yesterday as the KSE-100 index staged recovery of 154.07 points or 0.52 per…
Private sector borrowing dips in Punjab, rises in Sindh
Private sector borrowing declined in Punjab during a year despite both economic and political support by the government, while Sindh…