Business

Business

ADB approves $400m for energy

The Asian Development Bank (ADB) on Thursday approved a $400 million loan to Pakistan in support of reforms to tackle…

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Sindh’s revenue grows by a brisk 14pc

The Sindh Revenue Board (SRB) during the first nine months of current fiscal year recorded a growth of 14 percent…

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Stocks manage to add 70 points

Stocks rebound 69.55 points after a choppy day with the benchmark KSE-100 index closing at 28,786.74 on Thursday. The index…

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Govt borrows Rs1 trillion in a month

The government again went beyond its target to borrow through Pakistan Investment Bonds (PIB) mounting debt close to Rs1 trillion…

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PM calls for strict action against gas and electricity thieves

Prime Minister Nawaz Sharif was informed on Wednesday that about 40 per cent of the gas lost by the Sui…

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Tourist bus service from Islamabad to Taxila launched

The Tourism Corporation of Khyber Pakhtunkhwa (TCKP) has started a bus service from the federal capital to Taxila for tourists…

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FBR belies govt’s tall claims of growth in tax collection

Finding no other way to increase the revenue collection, the PML-N government has withheld huge refunds amount worth Rs97 billion…

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Govt depts owe Rs28b to HESCO, says Minister of State for Water and Power

Federal and provincial government departments owe Rs28 billion to the Hyderabad Electric Supply Company (Hesco), said Minister of State for…

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PTA gets Rs. 111 billion from 3G and 4G auction

Pakistan on Wednesday successfully completed the auction for next-generation telecom spectrums raising $1.112 billion or Rs111 billion from the process. Out…

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