Business

Business

20 billion cubic feet Gas reserves found in Sujawal

The Mari Petroleum Company, a joint venture of the government and the Fauji Foundation, announced on Monday a ‘significant’ gas…

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Federal Budget to be announced in second week of June

Strong indications are emanating from the ministry of finance that the national budget would be presented before the National Assembly…

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Pak economy on track: IMF

The International Monetary Fund said Saturday that Pakistan's economic reform programme remained broadly on track, but warned over rising inflation.…

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Govt diverts gas to power stations

The government on Friday diverted more than 105 million cubic feet per day (MMCFD) of natural gas from fertiliser plants…

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Car sales increase despite price hike

Sales of locally produced cars inched up by 1.85 per cent in July-April 2013-2014 as compared to same period last…

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Meezan Bank set to acquire HSBC Pakistan

HSBC has decided to sell its local operations to Meezan Bank. Since the beginning of financial crisis in 2007, many…

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PM launches solar power plant in Bahawalpur

Prime Minister Nawaz Sharif on Friday laid the foundation stone of the country's first solar power project in Bahawalpur. During…

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4,500MW power units unutilised due to faults and fuel shortage

More than 4,500MW of electricity generation capacity remained unutilised on Thursday because of various technical, financial and fuel-related problems, with…

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Potato import may cost over $60m

The imposition of 25 per cent regulatory duty on potato exports and making its import at zero per cent have…

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