Business

Business

Attorney general and Nepra both issued notices in overbilling case

Justice Athar Minallah of Islamabad High Court (IHC), on Friday, issued notices to the attorney general (AG), the National Electric…

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NAB Mufti Saqib in Rs350m Modarba scam case

The National Accountability Bureau (NAB) Rawalpindi earlier yesterday arrested Mohammad Saqib of M/s Global Concerns in connection with the Modaraba…

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KP govt gives the nod to Rs10bn for oil and gas exploration company

The Khyber Pakhtunkhwa government yesterday approved Rs10 billion for the provincial Oil and Gas Development Company Limited (KPOGDCL) with a…

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Textile policy in the doldrums pending govt approval

Despite a lapse of three months, the federal finance ministry is yet to approve the new textile policy which carries…

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PTCL’s profit take a nose dive

Pakistan Telecommunication Company Limited (PTCL) posted profit-after-tax (PAT) at Rs7.8 billion for the nine months (9M2014) ended Sept 30, translating…

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SBP decides to outrightly sale/purchase sukuks

The State Bank earlier today took an important decision regarding facilitating Islamic Banking through outright purchase and sale of Islamic…

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China wants to strengthen ties in banking sector

Ms Li Tong, chairperson and CEO of Bank of China International (BoCI), visited the State Bank of Pakistan and discussed…

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‘EDB to focus on development of engineering sector’

Engineering Development Board (EDB) following its given mandate should focus on development of engineering sector of the country. Chairman of…

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LPG price may decrease by Rs 30/kg after OGRA intervention

There are chances of a significent decrease in the price of Liquefied Petroleum Gas (LPG) as Oil and Gas Regulatory…

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