Business

Business

Wheat imports up as prices fall globally

The import of wheat rose substantially in the July-September quarter of this year, mainly because of decline in world prices.…

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SBP launches Rs10bn loan scheme for flood affected farmers

State Bank of Pakistan has announced concessional refinance scheme of Rs10 billion for the revival of economic activities and to…

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Baluchistan allocated more funds for industrial dev. than Punjab

Parliamentary Secretary for Industries and Production Rao Muhammad Ajmal Khan told the National Assembly on Wednesday that 11 projects worth…

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Market watch: Bulls mark tentative return after week long bearish spell

The index closed in the black, ending its six-day losing streak primarily triggered by positives on the political front as…

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Govt borrowing from State Bank for budgetary support declines by 80%

Net federal government borrowings from the central bank for budgetary support from July 1 to October 10 amounted to Rs107.4…

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NEPRA’s power tariff hike withdrawn by Fed. Govt.

The government has decided not to burden consumers with the new tariff determined by the National Electric Power Regulatory Authority…

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Nepra makes amendments of licenses of govt-owned power companies

The National Electric Power Regulatory Authority (NEPRA) has made amendments in the licenses of government-owned power sector companies (DISCOs), imposing…

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SBP issues fresh guidelines to Banks, MFBs

The State Bank of Pakistan (SBP) has issued guidelines to banks and micro-finance banks for strengthening internal controls in payment…

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MoUs regarding solar technology with Chinese company cancelled

Hope of using solar technology as alternative energy resource ended for the Punjab government as ZTE, a Chinese vendor, has…

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