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KP Govt. allocated Rs8.6bn for six power projects in Chitral
The Khyber Pakhtunkhwa government has allocated Rs8.6 billion for construction of six medium sized hydropower projects in Chitral, having 527…
Banks invest 83pc of liquid assets in T-bills
Despite a better credit off-take by the private sector, banks did not change their strategy to maximise their investment in…
India’s labour laws may help strangle growth
Tackling India’s labour practices is central to new Prime Minister Narendra Modi’s efforts to revive economic growth and bolster tax…
UK nears decision to charge ex-Barclays bankers
Britain’s fraud prosecutor could decide as soon as next month whether to charge former Barclays executives over undisclosed payments the…
Gold demand slumps in China and India
Gold bull prepares buy the precious yellow metal because of concern that monetary authorities, mainly in the developed world, will…
Ishaq Dar led energy committee approves plan to cut line losses
Prime Minister Nawaz Sharif has constituted a committee led by Finance Minister Ishaq Dar for Energy Resource Rationalisation. Mr Dar…
Reserves shrink as SBP repays debt
Foreign exchange reserves of the State Bank of Pakistan have been declining due to external debt servicing and no fresh…
Bulls return to KSE as index gains 412 points
Stocks closed higher on Friday with the KSE-100 index securing gains of 412.20 points or 1.45 per cent. However activity…
Is Chinese economy like Clouseau’s inflatable parrot?
One of the many memorable scenes featuring the late Peter Sellers as the bumbling French detective comes in the Revenge…