Business

Business

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…

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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…

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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…

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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…

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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…

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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…

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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,…

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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…

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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…

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