Business

Business

Pakistan likely to win $550m loan tranche from IMF

Pakistan and International Monetary Fund (IMF) are set to open talks to review performance of the economy during the last…

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“PSO MD’s posting illegal”:Senate panel

The Senate Standing Committee on Petroleum and Natural Resources has found the posting of incumbent managing director of the Pakistan…

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New gas reserves found in Sanghar

New reserves of gas and condensate have been discovered  in Sindh’s Sanghar district. The state-run Pakistan Petroleum Limited (PPL) made…

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France and Germany push for unified EU position on US bank fines

France and Germany are seeking a unified European position on US banking sanctions, a German spokesman said yesterday, though Paris…

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KSE index suffers its worst decline in 9 months

Stocks suffered heavy declines on Monday with the KSE-100 index posting a loss of 666 points, its worst fall in…

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WTO’s “global commerce initiative” failure points to fragmentation of global trade

India has dealt a potentially fatal blow to the World Trade Organisation’s hopes of modernising the rules of global commerce…

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The “rise and fall” of Portuguese bank raises questions

A new Portuguese bank appeared yesterday, born from the ruins of a collapsed business empire, and declared on its website…

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Discos overcharge consumers, Rs15bn collected

Though National Electric Power Regulatory Authority (Nepra) had approved a cut of Rs1.67 per unit in base tariff of power…

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5 Strikes and you are out: EU may ban mango imports from Pakistan

PAKISTAN’S mango exports to the European Union is under threat.  Only one lapse could make them meet the fate India…

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