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Bulls make cautious return as stock up by 110 points in volatile trade
Stocks continued to climb on Tuesday with the KSE-100 index adding another 110.17 points or 0.37 per cent to close…
Lucky Cement all set to invest Rs27bn in power project
Lucky Cement Limited declared yesterday that the company board had approved equity investment of around Rs27 billion to set up…
Pakistani fabrics to be exhibited in ‘Taxworld’ exhibition in Paris
The Ambassador of Pakistan to France Ghalib Iqbal has said that Pakistani textile products have great potential of finding more…
Hydrocarbons discovered in Hala, Sindh
Pakistan Petroleum Limited (PPL) has announced discovery of hydrocarbons from exploratory well Adam West X-1 in Hala Block. In order…
Cabinet gives the nod to the sale of 10% OGDCL shares
The Cabinet Committee on Privatisation yesterday approved disinvestment of 10 per cent government shares in the Oil and Gas Development…
Imported LNG may help save billions: Petroleum Minister
Terming it a game changer, the government and the All Pakistan CNG Association (APCNGA) say that the use of liquefied…
FDI falls by 37% in July-Aug as compared to same period last year
Foreign direct investment in the first two months of this fiscal year fell by 37 per cent, to $87 million…
South Africa launches support package for state owned power supplier
The South African government yesterday announced a wide-ranging support package for troubled state-owned power supplier Eskom, that will see it…
India’s central bank governor says that “investment growth need to pick up”
The Reserve Bank of India Governor Raghuram Rajan said India's macroeconomic indicators are improving and inflation has been coming down…