Business

Business

Interest payments on debt increase by 14.5pc

An increase of 44 per cent in the domestic debt during the previous fiscal year could strain the economy as…

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Bears back in control of Stock market amidst political uncertainty

Stocks re­­sumed the downward journey yesterday with the KSE-100 index giving up another 156.54 points or 0.53 per cent to…

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Govt’s plan to privatise OGDCL assets vahemently opposed

The central workers union of the Oil and Gas Development Company Limited (OGDCL) yesterday  vowed to strongly resist the government’s…

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No proposal to import new locomotives from China, NA informed

The National Assembly was informed on Friday that there were 81,568 employees in Railways against the sanctioned strength of above…

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Savings and investment decline in FY14

Both the savings and investment declined during the previous fiscal year but the gap between the two remained the same…

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New drug pricing policy in finalisation process

The Drug Regulatory Authority of Pakistan (DRAP) is in the process of finalising a drug pricing policy which is expected…

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Banks must provide for lawsuits, fines, in ECB tests

The European Central Bank will consider the impact of future lawsuits and fines in its review of whether the eurozone’s…

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OGDC finds oil and gas in Hyderabad

The Oil and Gas Development Company (OGDC) has discovered   hydrocarbon reserves in the exploratory well Pasakhi deep well No 4…

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Draft bill seeks to end public sector monopoly over agriculture seed business

The country is amending laws to end the public sector monopoly over the agriculture seed business and allow the private…

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