Business
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Branchless banking grows to 101.6m in Q2
ISLAMABAD: The branchless banking sector witnessed mixed growth trend in second quarter of this year to 101.6 million as compared...
Mobile imports increase by 5.11% to $687.249m in 11 months
ISLAMABAD: Mobile handsets have increased by 5.11 per cent during first 11 months of current financial year 2015-16 to $687.249...
BISP releases instalment for last quarter of current fiscal year
KARACHI: Benazir Income Support Programme (BISP) has released the instalment to its partner banks for the last quarter of the...
Punjab approves four projects worth Rs 3.4 billion
LAHORE: The Punjab government has approved four development projects of different sectors with an estimated cost of Rs 3379.267 million...
Haroon for urgent reforms in tax system by engaging all stakeholders
KARACHI: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has expressed disappointment over the lack of tax compliance...
Govt approves fund for women skills development
ISLAMABAD: The government has approved a skill development program to help women entrepreneurs explore trade opportunities in international markets under...
Mango exports surges by 25% to in ongoing season
KARACHI: The country’s mango exports increased by 25 percent during the ongoing season due to high demand of the fruit...
Declining petroleum prices help Pakistan save $3.9b in oil import
ISLAMABAD: The declining petroleum products prices in the international market helped Pakistan save $3.9 billion during 11 months of the...
Current account deficit increases to $2.5b in 11 months
KARACHI: The country’s current account deficit surged to $2.5 billion in 11 months (July-May). According to data released by the...
Fertiliser prices to reduce by Rs390/bag after Rs 36b subsidy on urea
KARACHI: After announcement of major cut in sales tax and Rs36 billion subsidies on urea, fertiliser prices are being reduced...
Govt urged to modernise agri sector for food security
KARACHI: The scientists, at a seminar, have urged the government to modernise agriculture sector for food security of the country...
Cotton spot rate remains firm at Rs 5,500 per maund
KARACHI: Trading activity in cotton market remained bullish as buyers attracted towards fine lint. According to the Karachi Cotton Association...
WB okays $1.02b to support Pakistan’s economic reforms
ISLAMABAD: The World Bank has approved $1.02 billion grant using three different financing instruments to support the deepening of Pakistan’s...
Nepra approves Rs 3.32 per unit cut in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) Tuesday approved Rs.3.32 per unit reduction in power tariff for May under...
Rs 120 billion project: 53 small dams completed in KP
ISLAMABAD: Khyber Pakhtunkhwa Minister for Education and Energy Atif Khan has said that 53 small dams have been completed to...
Microcredit outreach hits 4m in Q1
LAHORE: The microcredit outreach reached an all-time high of four million and the Gross Loan Portfolio (GLP) of the sector...
Meezan Bank signs agreement to promote SMEs
KARACHI: Meezan Bank and Karandaaz Pakistan and Millat Tractors Limited have joined hands to promote small and medium enterprises (SMEs)...
SSGC posts Rs7 billion losses
KARACHI: Sui Southern Gas Company Limited (SSGC) has posted Rs3.57 billion losses for the quarter ended December 31, 2015 and...
Textile exports decrease by 7.34% to $11b in 11 months
KARACHI: Textile exports from the country witnessed decline the first 11 months of the outgoing fiscal year. According to the...
Oil, gas exploration activities drops by 37% in 11 months
KARACHI: The exploration activities to find oil and gas reservoirs in the country dropped by 37 per cent in the...
