Business

Business

Remittances double in Ramazan

Remittances from overseas Pakistanis have doubled during the last 10 days of Ramazan, and are expected to be around $2…

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Better sales despite high prices

Eid shopping is gaining momentum as improved law and order situation has facilitated buyers to visit shopping centres. Market traders…

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PIA gets fuel efficient Airbus A-320

Pakistan International Airlines (PIA) has acquired another fuel-efficient Airbus A-320 on lease from Ireland for six years as part of…

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SEC’s Facebook IPO probe ends

Facebook Inc said the U.S. Securities and Exchange Commission dropped its probe into the social networking company over events surrounding…

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SBP increases age limit of car finance from maximum 5 years to 9 years

The State Bank of Pakistan (SBP) increased the age limit up to nine years for the cars that can be…

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India threatens to derail WTO deal

India threatened yesterday to block a worldwide reform of custom rules, which some estimates say could add $1 trillion to…

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OGRA wants to increase petrol, diesel prices

The Oil and Gas Regulatory Authority (OGRA) recommended yesterday to increase prices of petrol and diesel from Aug 1. According…

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Major power breakdown hits industrial production in Karachi

A massive power breakdown yesterday morning till afternoon due to technical problems in the National Grid Line interrupted electricity supply…

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EFU insurance group to launch sharia-compliant products

Pakistan's largest private insurance group will offer sharia-compliant insurance products, or takaful, through its general and life units, adding further…

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