Business
Business
Swiss authorities complete tax-dodge payments to Britain, Austria
Switzerland said Monday that it had completed a programme to pay Britain and Austria hundreds of millions of euros in…
Stocks continue free fall amidst political deadlock
Stocks drifted lower on the opening day of the week with the KSE-100 index closing down by 74.00 points at…
ADB to guide public-private partnerships
The Asian Development Bank (ADB) yesterday created a new office to provide governments with independent advice on shaping public-private partnerships…
ICI Pakistan posts Rs1.7bn profit after tax
The ICI Pakistan Limited posted profit-after-tax of Rs1.7 billion for FY14, a growth of 47 per cent over the previous…
Inflation clocks in at 7% in August
The country’s year-on-year inflation stood at seven per cent in August, according to Pakistan Bureau of Statistics. Inflation was 7.9pc…
Govt collects Rs600bn from oil and gas sector
The government was able to collect around Rs600 billion revenues on oil and gas during financial year 2013-14. According to…
Private sector not interested in borrowing from banks
The private sector again showed reluctance in borrowing from banks, despite its better performance in the previous financial year. The…
Rs28bn released for development projects under PSDP header
The government has so far released Rs28.32 billion under the Public Sector Development Programme (PSDP) for various projects against a…
Political chaos due to PTI/PAT sit-ins badly hurting development
Political tension created by the sit-ins has started adversely affecting development activities as the government has disbursed only five per…