Business

Business

Govt. owes power producers Rs220 billion yet again

The government owes a staggering amount of Rs220 billion — equal to 0.75 per cent of the nation’s gross domestic…

1 Min Read

14 projects worth Rs8.6bn approved by PKP govt

The Provincial Development Working Party yesterday approved 14 projects with an estimated cost of Rs8.6 billion under the Annual Development…

1 Min Read

Federal Revenue collection rises by almost 3%

The Federal Board of Revenue (FBR) witnessed a 2.99 per cent growth in revenue collection in the first month of…

1 Min Read

Stocks recover slightly in range-bound trading

The stock market remained range bound on Tuesday with the KSE-100 index closing marginally in the positive, up 28.58 points…

1 Min Read

SECP issues instructions to investment banks to use legal names

The Securities and Exchange Commission of Pakistan (SECP) has advised all investment banks to use their complete and legal names…

1 Min Read

Pakistan likely to win $550m loan tranche from IMF

Pakistan and International Monetary Fund (IMF) are set to open talks to review performance of the economy during the last…

1 Min Read

“PSO MD’s posting illegal”:Senate panel

The Senate Standing Committee on Petroleum and Natural Resources has found the posting of incumbent managing director of the Pakistan…

1 Min Read

New gas reserves found in Sanghar

New reserves of gas and condensate have been discovered  in Sindh’s Sanghar district. The state-run Pakistan Petroleum Limited (PPL) made…

1 Min Read

France and Germany push for unified EU position on US bank fines

France and Germany are seeking a unified European position on US banking sanctions, a German spokesman said yesterday, though Paris…

1 Min Read