Business

Business

Shortage of water poses serious threat to rice crop

The rice-growing belt having over 400,000 acres of cultivable land duly irrigated by the Rice and Warah canals and partly…

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Sindh mango growers increasingly worried over contaminated shipments issues

Back-to-back interceptions of fruit fly-infested mango consignments which originated from Sindh have worried mango producers of the province, for they…

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TCP takes legal action against 6 sugar mills

The Trading Corporation of Pakistan (TCP) has initiated legal action against six sugar mills for not releasing sugar stocks of…

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Auditors find massive irregularities in both SSGC, SNGPL

The Sui Southern Gas Company (SSGC) and the Sui Northern Gas Pipelines Limited (SNGPL) are running on heavy borrowing, and…

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Ogra approves 5-14pc hike in gas tariff

The Oil and Gas Regulatory Authority (Ogra) appro­ved on Thursday up to 14 per cent increase in the average rates…

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India should act to avoid fiscal slippage says World Bank

Inflation is still uncomfortably high in India and the new government should avoid fiscal slippage as it seeks to revive…

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Cotton prices up amid low supply scenario

Cotton trading gained momentum in Sindh on Thursday, but rains in major cotton-growing areas of Punjab affected phutti arrivals into…

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Pakistan receives fourth IMF tranche worth $556 million

Pakistan has received $556 million as the fourth instalment of an International Monetary Fund (IMF) loan approved last year to…

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Stocks manage modest gains in low volume trading

Stock market remained dull throughout the day, which saw volume shrink 45pc to 73m shares on Thursday, representing 9-month low.…

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