Business
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Auto sales increased by 24% to 201,151 units in 11 months
LAHORE: The auto sales in the country have increased by 24 percent during first 11 months of fiscal year 2016....
BoP’s deposits increased 117% in six years
ISLAMABAD: Bank of Punjab (BoP) witnessed up to 117 percent increase in deposits in last six years while 39 online...
Rs 550b to be earmarked for Punjab development budget
LAHORE: The Punjab government likely to allocate Rs 550 billion for development programmes in Budget 2016-17. Under the allocated amount,...
Punjab set to present Rs 1.73 trillion budget for FY 2016-17
LAHORE: The Punjab government is going to present provincial budget for the next fiscal year (2016-17) today with total outlay...
Telecom sector contributes Rs 744b in terms of taxes in 3 years
ISLAMABAD: Telecom sector contributed Rs 744 billion in terms of regulatory duties and taxes during last five years. The sector...
Govt sets agri sector growth target at 3.5%, industrial sector’s at 7.7%
ISLAMABAD: The federal government has set the agriculture sector growth target at 3.5 per cent, while the industrial sector’s growth...
Services trade deficit narrows by 16.59% in 10 months
ISLAMABAD: The country’s services trade deficit narrowed by 16.59 percent during 10 months of the current fiscal year mainly due...
Govt earmarks Rs 400b for power projects
ISLAMABAD: The federal government has allocated over Rs 400 billion for various power projects in the country under the Annual...
EOBI disburses over Rs 16.7 billion among 378,615 beneficiaries
ISLAMABAD: Employees Old-Age Benefits Institution (EOBI) has disbursed an amount of Rs 16,706 million (over Rs 16.7 billion) among 378,615...
Paddy to be sown on 4.5 million acres in Punjab
SIALKOT: More than 4,500,000 acres of land will be brought under cultivation of paddy crop in various rice growing areas...
Govt increases non-tax revenue target by 5% to Rs959.5b
ISLAMABAD: The federal government has increased non-tax revenue target by five per cent to Rs959.5 billion for the next fiscal...
Budget 2016-17: Sindh hikes allocations for agri sector by 29% to Rs5.8b
KARACHI: The Sindh government has increased the amount for the growth of agricultural sector by 28.9 per cent to Rs5.8...
Sindh increases development budget by 39% to Rs225b for FY 2016-17
KARACHI: The Sindh government has increased development budget by 39 per cent to Rs225 billion for fiscal year 2016-17. Highest...
Sindh Budget FY 2016-17: Infrastructure development levy increased by 10%
KARACHI: The Sindh government, in its budget for fiscal year 2016-17, has announced a 10 percent increase in the infrastructure...
Punjab govt to announce Rs100b farmers’ package in budget
LAHORE: The Punjab government is set to announce Rs100 bullion package for the growers under a two-year programme in the...
KP govt allocates Rs 250m for Dotara Dam
RAWALPINDI: The Khyber Pakhtunkhwa government has allocated over Rs250 million for the construction of Dotarra Dam in Jabri area of...
Dar says govt committed to achieve economic growth
ISLAMABAD: Federal Finance Minister Ishaq Dar, while talking to a delegation of Royal Friesland Company of Netherlands, has said that...
ADB okays $100m loan for construction of M-4 motorway
ISLAMABAD: The Asian Development Bank (ADB) has announced to give Pakistan $100 million loan for the construction of the Gojra-Shorkot...
Rs10b earmarked for Karachi’s infrastructure in Sindh budget
KARACHI: The Sindh government has allocated Rs10 billion in the provincial budget for infrastructure projects of Karachi including the construction...
Sindh unveils Rs869b budget for FY 2016-17
KARACHI: The Sindh government has presented a Rs869.1 billion budget for the next fiscal year (2016-17), with a deficit of...
