Business

ISLAMABAD: Indus River System Authority (IRSA) Wednesday released 299,700 cusecs water from various rim stations with inflow of 259,000 cusecs....

3 human smugglers arrested

FAISALABAD: Federal Investigation Agency (FIA) claimed on Tuesday to have arrested 3 human smugglers including two brothers for depriving people...

Industrial sector’s growth target for FY 2017-18 set at 7.3%

ISLAMABAD: The government has set the target for Industrial sector to grow by 7.3 per cent during financial year 2017-18....

Pakistani made traditional rickshaws being exported to Japan

ISLAMABAD: Japan exports cars to Pakistan but now it is the other way round as a Pakistani company has started...

Over Rs15,071b charged expenditure approved

ISLAMABAD: The National Assembly has approved over Rs15071 billion charged expenditure included in demands for grants and appropriations for the...

Profitability of banks eases in Q1

KARACHI: The profitability of banking sector eased to Rs49 billion during first quarter (January – March) 2017 as compared to...

SBP allows banks to remit foreign exchange on behalf of Umrah organizers

KARACHI: State Bank of Pakistan (SBP) has allowed the authorized dealers (ADs) or banks to remit foreign exchange on behalf...

SECMC hopeful to complete 660 MW project ahead of time

HYDERABAD: The Sindh Engro Coal Mining Company (SECMC) has expressed hope that its 660 Megawatt coal power project in Tharparkar...

Record revenue collected this year: Sher Ali

ATTOCK: Provincial Minister for Mines Chaudhry Sher Ali Wednesday said that Punjab Mines Department had collected record revenue of Rs...

Govt takes steps for socio-economic development of South Waziristan

DI KHAN: Assistant Political Officer Muhammad Shoaib Khan has said that all possible options were being explored for a sustainable...

Baskin-Robbins signs master licensing agreement to develop shops in Pakistan

KARACH: Baskin-Robbins, the world's largest chain of ice cream specialty shops, Wednesday announced that it has signed a master licensing...

Mango farmers, exporters successfully meeting EU standards

MULTAN: The standards introduced by European Union (EU) countries were being achieved successfully by mango farmers and exporters by virtue...

Excise Department seals 156 properties for non-payment of taxes

SARGODHA: The Excise and Taxation department has sealed 156 properties here in the district after its owners failed to pay...

IHC directs FIA to complete report on Grand Hayyat Hotel lease agreement

ISLAMABAD: Islamabad High Court (IHC) has Monday directed Federal Investigation Agency (FIA) to submit its report regarding mismanagement in lease...

Excise Dept recovered Rs50.5b in FY 2016-17

KARACHI: Excise and Taxation Department has collected Rs50,560.663 million during current fiscal year from June 2016 to May 2017, as...

Rs2737.27m set aside for Industries, production division

ISLAMABAD: The government has set aside Rs 2737.27 million for 13 ongoing and new development projects of Industries and Production...

Banking sector continues its steady expansion: SBP

KARACHI: The banking sector has continued its steady expansion. This was announced by the State Bank of Pakistan (SBP) on...

Pakistan’s trade deficit widens by around $30b in 11-month