Business
Business
Fear grows of delay in new cotton crop
Ginners were reluctant to dispose of their depleted cotton stocks on Saturday in the hope to get higher price on…
PM approves two coal power plants in Gadani
Prime Minister Nawaz Sharif has given approval for two additional coal-fired power plants in Gadani under independent power producer (IPP)…
Nawaz approves allocation for Bhasha, Dasu dams, motorways
Prime Minister Nawaz Sharif on Friday approved allocation for construction of Diamer-Bhasha Dam (4500 MW), Dasu Hydro Power Project (2160…
State bank Rs. 414 billion into banking system
The State Bank on Friday injected Rs414 billion into the banking system to save the banks from a massive liquidity…
SBP approves 10 agri-finance proposals
The State Bank on Friday announced the results of Financial Innovation Challenge Fund (FICF) Round 2 on promoting innovative rural…
Drastic cuts in subsidies planned in coming budget
The government has decided to drastically reduce subsidies in the new budget and squeeze out higher amounts of surplus from…
$1.5b Saudi gift declared ‘statistical discrepancy’
Unlike any foreign grant, Pakistan has not treated $1.5 billion (Rs157 billion) gift from Saudi Arabia as non-tax revenues and…
Import of electricity not feasible for Pakistan
The import of electricity from Central Asian upstream countries is not feasible for Pakistan as it involves huge investments of…
LSM growth turns negative in March
Large-scale manufacturing (LSM) posted a negative growth of 2.68 in March 2014 over the same month last year, reflecting a…