Business

ISLAMABAD: The federal government has released more than Rs 320.323 billion for different social sector developmental projects under Public Sector...

SPI inflation decreases by 0.31%

ISLAMABAD: The weekly inflation, measured through the Sensitive Price Indicator (SPI), for the week ended on February 04 for the...

Ministry proposes 58 projects worth Rs 3.15b for next year

ISLAMABAD: The government will carry out as many as 58 projects worth Rs 3.15 billion proposed by the Ministry of...

Overall textile exports witness 9% decline in July-Dec

ISLAMABAD: The country’s overall textile exports witnessed 9 per cent decrease during July-December 2015. According to official data, the raw...

2.6m wheat bags worth Rs 8.5b yet to be sold

SIALKOT: The Food Department purchased 4925,000 bags of wheat worth Rs16 billion at the rate of Rs1,300 per 40 kg...

Pakistan best market for edible oil with 3.5m tons consumption: Minister

KARACHI: Pakistan is a huge market for imports of edible oil and oilseeds as the country’s total requirement is around...

KP NAB recovered Rs 25 billion in 2014-15

PESHAWAR: National Accountability Bureau’s (NAB) Khyber Pakhtunkhwa office recovered a huge amount of Rs 2500 million (Rs 25 billion) in...

Protests cost Rs2.5b: PIA flight op partially started despite strike

ISLAMABAD: Pakistan International Airlines (PIA) has started flight operation despite strike by the employees of the national flag carrier as...

PR likely to generate Rs 12 billion through freight trains

ISLAMABAD: Pakistan Railways will likely to earn more than Rs 12 billion revenue through freight trains during the ongoing fiscal...

Govt announces to cultivate 0.7m olive plants in Feb-March

ISLAMABAD: The government, under a mega project being supervised and implemented by Pakistan Agricultural Research Council (PARC), has announced to...

Rs 61b additional revenue: Govt makes 93.40% recoveries in power sector in 2015

ISLAMABAD: The government succeeded to make 93.40 per cent recoveries in power sector and generated additional income of Rs 61...

OGDCL can drill from 2,500 to 5,500 meters

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has nine own rigs with the capacity to drill up to...

Youth asked to submit applications by 11th for one-year internship

ISLAMABAD: The government has the unemployed educated youth from across the country to submit applications by February 11 to avail...

Record fish sale witnessed

ISLAMABAD: The sale of fish witnessed a record increase during current winter as compared to past couple of years in...

Parcel Express Train starting from 10th

ISLAMABAD: New Parcel Express Train is starting its operation from 10th of this month and will ply from Lahore to...

7-day-long Kashmir craft making workshop ends

ISLAMABAD: A seven-day-long workshop of Kashmiri arts and crafts concluded Sunday at National Institute of Folk and Traditional Heritage, Lok...

Profits up by 12% to Rs130b 2015: Six big banks represent 63% of industry deposit

LAHORE: The country’s six big banks are going to post high growth despite a 350bps decline in policy rate during...

Citrus exporters want to tap France with zero duty under GSP plus