Business

Business

AJK assembly passes FY 2014-15 budget unanimously

After a week-long debate, the Azad Jammu and Kashmir (AJK) Legislative Assembly unanimously passed its budget for fiscal year 2014-15,…

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Stocks end FY14 with 308 points rally

Encouraged by the heavy subscription to the offer of 70m shares of PPL by the Privatisation Co­m­­­­mission, the heavyweight oil…

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Rs40bn released by govt. in a bid to reduce loadshedding

The government released Rs40 billion to the power companies and Pakistan State Oil (PSO) yesterday  to ensure reduction in the…

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PM rejects Ogra’s recomendation to increase POL prices

Prime Minister Nawaz Sharif has rejected the Oil and Gas Regulatory Authority's (OGRA) recommendation for upward revision of petroleum prices…

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Google, Detroit diverge on road map for self-driving cars

In 2012, a small team of Google Inc engineers and business staffers met with several of the world's largest car…

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China tables railway project linking the 2 countries together

A research study regarding an international railway project linking Pakistan with China’s Xinjiang province through Azad Jammu and Kashmir has…

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Philips to merge LED and automotive lighting businesses

Dutch lighting and healthcare company Philips will merge its Lumileds LED components and Automotive lighting subsidiaries into a standalone unit…

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All pakistan CNG association worried by govt plans to increase gas loadshedding

The federal government has planned to increase gas loadshedding for the compressed natural gas (CNG) filling stations from five days…

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PM says he wants more people to travel via PIA

Prime Minister Muhammad Nawaz Sharif yesterday visited the Islamabad International Airport to view newly inducted A320 aircraft into fleet of…

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