Business

ISLAMABAD: The Pakistan Economy Watch (PEW) President Dr. Murtaza Mughal on Wednesday said gas companies were punishing masses with the...

PBIF demands brief opening of Pak-Afghan border

ISLAMABAD: PBIF President Mian Zahid Hussain on Wednesday said terrorism could not be defeated by closing the Pak-Afghan border. “Terrorism...

IFC investing $100m in Karot power project in Pakistan

WASHINGTON: IFC, a member of the World Bank, is investing $100 million in the 720-megawatt Karot run-of-river hydro project in...

World Bank approves $450 million to help vulnerable people in Pakistan

WASHINGTON: The World Bank on Wednesday approved a package worth $450 million to support the government efforts help the poorest...

Eight hydel power stations ready to generate 287mw in next year

ISLAMABAD: In Khyber Pakhtunkhwa, work on the construction of eight hydel power stations is in progress to overcome shortage of...

Gwadar port gateway of CPEC; to change destiny of Balochistan people: PM

GWADAR: Prime Minister Muhammad Nawaz Sharif Wednesday said that Gwadar Port was the gateway of China Pakistan Economic Corridor (CPEC)...

FFC-HUBCO join hand to meet power challenges

ISLAMABAD: Fauji Fertilizer Company Limited (FFCL) is entering into a strategic alliance with the Hub Power Company Limited (HUBCO) to...

NA body recommends to keep agri credit interest rate at single digit

ISLAMABAD: The National Assembly Standing Committee on Finance recommended on Wednesday to bring down the interest rate on agriculture loans...

Taxation of e-commerce likely to be considered in budget

ISLAMABAD: Federal Board of Revenue (FBR) has submitted instructions to the chief commissioners for compilation of budget proposals including taxation...

FIA to investigate top PIA high-ups in aircraft lease scandal

LAHORE: In wake of a leasing scandal in Pakistan International Airline (PIA), the Federal Investigation Agency (FIA) has decided to...

Banks with good performance, people’s friendly policies to be facilitated: CM

GILGIT: Chief Minister Gilgit Baltistan, Hafiz Hafeezur Rehman has said that his government would cooperate with all banks on basis...

PMDC produced 1.59 megatonne coal and paid Rs1.896b taxes

ISLAMABAD: The Pakistan Mineral Development Corporation (PMDC) has produced around 4.07 megatonne salt and 1.59 megatonne coal from its mines...

ANF arrests 11 street peddlers

KARACHI: The Anti-Narcotics Force (ANF) Sindh during its campaign against Street Drug Peddlers and suppliers in Educational Institutions, apprehended 11...

NAB Chief lauds KPK Bar Council’s efforts in eradication of corruption