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SBP increases age limit of car finance from maximum 5 years to 9 years
The State Bank of Pakistan (SBP) increased the age limit up to nine years for the cars that can be…
India threatens to derail WTO deal
India threatened yesterday to block a worldwide reform of custom rules, which some estimates say could add $1 trillion to…
OGRA wants to increase petrol, diesel prices
The Oil and Gas Regulatory Authority (OGRA) recommended yesterday to increase prices of petrol and diesel from Aug 1. According…
Major power breakdown hits industrial production in Karachi
A massive power breakdown yesterday morning till afternoon due to technical problems in the National Grid Line interrupted electricity supply…
EFU insurance group to launch sharia-compliant products
Pakistan's largest private insurance group will offer sharia-compliant insurance products, or takaful, through its general and life units, adding further…
Bestway buys Lafarge for $329m
The saga of Lafarge Pakistan Cement Limited sale came to an end yesterday when Bestway Cement Limited (LPCL) sealed the…
Stocks close weekend session at all-time high Bull Run
The stock market closed flat yesterday in the last session of the week. Friday being a holiday at the market,…
Garrison City district govt. approves Rs10 billion budget
The City District Government Rawalpindi (CDGR) yesterday approved its annual budget worth Rs10.036 billion for the financial year 2014-15 with…
ADB urged to review energy strategy for Pakistan
“Asian governments must make tough choices in energy investments that can provide affordable energy while meeting environmental objectives, especially on…