Business
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SECP to facilitate info sharing mechanism for insurance sector
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) is contemplating expanding the scope of the Centralised Information Sharing Solution...
Atlas Honda profits surge by 28% to Rs 3b
LAHORE: Atlas Honda Limited has posted 28 percent increase in full-year net profit amid an increase in the sales. In...
Silk Bank’s profits increase by 305% to Rs201.80m
KARACHI: Silk Bank Limited has announced mammoth 305 percent growth in earnings to Rs201.80 million in third quarter as the...
NAB, FIA investigating recruitment’s irregularities in Iesco
ISLAMABAD: The National Assembly Standing Committee on Water and Power was apprised on Thursday that National Accountability Bureau (NAB) and...
Rs 24m scam: PIA starts probe into financial irregularity
ISLAMABAD: Pakistan International Airline (PIA) has initiated inquiry into financial irregularity worth millions of rupees after suspending two senior officials...
Two LNG-based power projects to start generating 1200MW from next year
ISLAMABAD: The Senate Standing Committee on Planning, Development and Reforms was informed on Thursday that two liquefied natural gas (LNG)...
NAB to eradicate corruption with zero tolerance policy: DG
KARACHI: National Accountability Bureau (NAB) Karachi Director General Lt Col (R) Siraj ul Naeem has said that the Bureau is...
PTA to generate $395m through auction of 3G/4G licence
KARACHI: The Pakistan Telecommunication Authority (PTA) will generate $395 million through auctioning a 3G/4G mobile broadband licence before the end...
Pakistan, China express satisfaction over pace of CPEC
ISLAMABAD: Adviser to Prime Minister on Foreign Affairs Sartaj Aziz and his Chinese counterpart Wang Yimet in Beijing have expressed...
CM for early completion of development projects
LAHORE: Chief Minister Shehbaz Sharif has directed the public departments to complete the development projects. The chief minister said while...
Power tariff decreased by Rs2.83/unit for March
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved cut in power tariff by Rs 2.83 per unit for...
CDA generates Rs 2.2b thru auction of 11 commercial plots
ISLAMABAD: The Capital Development Authority (CDA) has generated Rs 2.2 billion through auctioning of 11 commercial plots located in the...
Exporters from SME sector being trained to enhance export: Dastgir
ISLAMABAD: In order to boost Pakistan’s exports, Federal Commerce Minister Khurram Dastgir Khan has said that the government is selecting...
Balochistan to introduce tax amnesty schemes for investors
QUETTA: The Balochistan government has decided to introduce tax and duty amnesty schemes for national and foreign investors to attract...
Telecom sector generates Rs745b in five years
ISLAMABAD: The country’s telecom sector generated Rs745 billion revenues in terms of regulatory duties and taxes during the last five...
Textile exports to European countries surge by 21.3%
ISLAMABAD: The textile exports to the European countries have increased by 21.3 percent to 662,475 metric tonnes during the fiscal...
K-Electric announces 40% growth in profits
KARACHI: The K-Electric Limited (KEL) has posted 40 percent increase in its profits during the nine months ended March 31,...
OGDCL’s earning decreases by 36%
KARACHI: The Oil and Gas Development Company Limited (OGDCL) has announced 36 percent decline in its earnings during the nine...
Nishat Mills earns Rs 6.97b in 9 months with 8% growth
KARACHI: Nishat Mills Limited’s profits surged by eight percent in the nine months of current fiscal year. In its consolidated...
Allied Bank profits surge by 13% to Rs 4.81b
KARACHI: The Allied Bank Limited witnessed 13 percent growth in its first quarter net profit, as its interest expenses fell...
