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Engro Fertiliser’s earnings plunge by 31% in Q3
KARACHI: The Engro Fertiliser Limited’s unconsolidated profit plunged 31 per cent year-on-year to Rs2.1 billion during the third quarter of...
SECP chief vows to facilitate capital market
KARACHI: Securities and Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi, during his visit to Pakistan Stock Exchange Limited (PSX),...
PIA pilots get raise
KARACHI: The salaries of Pakistan International Airlines (PIA) pilots have been increased provisionally. According to documents, the pays of pilots...
Rs 1,300/maund price fixed: Shehbaz opens wheat harvesting campaign
BAHAWALPUR: Chief Minister Shehbaz Sharif has inaugurated the wheat harvesting campaign by operating the thresher at Kazim Agri Farm in...
Pakistan witnessed economic growth in 9 months
ISLAMABAD: Despite challenges, Pakistan’s economy continued to pick up in the first nine months of current fiscal year (July-March), as...
Banking spreads surge by 10bps to 5.23% in March
KARACHI: The banking spreads in the country have increased by 10bps during March 2016 to 5.23 percent on MoM, said...
Non-life insurance sector’s profits increased by 41% in 2015
KARACHI: The country’s non-life insurance sector witnessed 41 percent increase in its profit, which surged to Rs10.5 billion in 2015....
Cement export increases by 21% to over 0.5m tons in March
LAHORE: The cement export from the country has increased by 20.58 percent during March 2016 to 534,804 tons as compared...
Fesco to spend Rs 800m on upgradation of grid stations
FAISALABAD: Faisalabad Electric Supply Company (Fesco) will spend Rs 800 million on upgradation of four grid stations of 66KV capacity...
Huge investment opportunities for overseas Pakistanis in Punjab: Afzaal
LAHORE: The overseas Pakistanis can take investment opportunities in Punjab’s agriculture, energy, livestock and dairy development and industries sectors. Overseas...
Dry milk import destroying local market
LAHORE: Import of dry milk is destroying local milk farmers, said University of Veterinary and Animal Sciences (UVAS) Vice Chancellor...
Dutch investors want to enhance trade ties with Pakistan: Envoy
WAH CANTT: The Dutch investors are interested in enhancing cooperation with Pakistan in the field of trade and development of...
Mobile phone imports surge by 6.25 % to over $573m this year
ISLAMABAD: Mobile phone imports into the country have surged by 6.25 percent during the first nine months (July-March) of current...
Overseas Pakistanis send about $84 billion in five years
ISLAMABAD: The overseas Pakistanis have sent home $83792.11 million (about $84 billion)during the last five fiscal years and the three...
Mangla Dam raising project to increase 644 GWh production
ISLAMABAD: Ministry of Water and Power has announced that Mangla Dam has been raised by 40 ft which will provide...
Fresh feasibility study for DI Khan-Quetta railway route under CEPC soon
ISLAMABAD: Pakistan Railways has decided to conduct a fresh feasibility study for connecting Dera Ismail Khan with Quetta under Medium...
Federal govt okays Rs 22.14 billion incentive grant for provinces
ISLAMABAD: Finance Minister Muhammad Ishaq Dar has approved release of Rs 2,214.5 million (Rs 22.14 billion) incentive grant for immediate...
Dar directs Industries Ministry to prepare Special Ramazan Package
ISLAMABAD: Finance Minister Mohammad Ishaq Dar has asked the Ministry of Industries and Production to prepare Special Ramzan Package. In...
Gunny bags distribution to start on 25th
MULTAN: The distribution of gunny bags will start on April 25 in the district. This was said by District Food...
Ebad says Sindh govt, Centres striving to promote investment
KARACHI: Sindh Governor Dr Ishratul Ebad Khan has said that the Federal and Sindh governments are taking constructive steps for...
