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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…
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…
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…
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…
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…
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…
“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…
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…
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…