Business
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Power tariffs reduced by Rs2.88 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has okayed reduction in power tariffs by Rs2.88 per unit for the...
SECP’s policy board amends Takaful Rules
ISLAMABAD: The Policy Board of Securities and Exchange Commission of Pakistan (SECP) has approved amendment in Rule 10(1)(s) of the...
Regulations for internet banking security issued
KARACHI: The central bank has issued regulations for the security of internet banking. The State Bank of Pakistan issued the...
ADB to provide $ 178m for National Motorway Gojra-Shorkot section project
ISLAMABAD: The Government of Pakistan and Asian Development Bank signed a Loan agreement of US $ 178 million for...
APBUMA opposes levy of 10% tax on import of cotton yarn
MULTAN: Chairman All Pakistan Bed sheets and Upholstery Manufacturing Association strongly opposed the government decision of imposing 10% regulatory duty...
GEPCO gears up efforts to recover Rs 7 billion from AJK govt
SIALKOT: The Gujranwala Electric Power Company (Gepco) has geared up efforts to recover Rs 7 billion from its big defaulter namely...
NAB arrests former PHED chief engineer for corruption
PESHAWAR: The National Accountability Bureau (NAB) Khyber Pakhtunkhwa Wednesday arrested Alla-ud-Din Khan, former Chief Engineer (BPS-19), posted at Public Health...
Signal-free corridor to be inaugurated on 30th
LAHORE: The Lahore Development Authority (LDA) Wednesday announced that the signal-free corridor Gulberg will be inaugurated on October 30. The...
Fertilizer manufacturers reduce DAP price by Rs500/bag
FAISALABAD: The fertilizer manufacturers have decreased the prices of DAP, NP and Zarkhaiz (NPK) fertilizers. The prices of the DAP...
Pesco remove four transformers over non-payment of Rs1.7m dues
PESHAWAR: Peshawar Electric Supply Company (Pesco) Wednesday announced to remove four power transformers due to non-payment of dues of about...
ICBC Bank allowed trading in Chinese currency
KARACHI: The Chinese Bank, ICBC, has been allowed to settle import and export bills in Chinese currency. After the permission...
China to help increase power generation of Thar coal plant by 660MW
ISLAMABAD: The Chinese government has announced to increase financing in Thar Coal to help surge power generation capacity of Thar...
Govt urged to allow export of 1m tons sugar before crushing season
LAHORE: The sugar millers have asked the government to allow them to export surplus production of one million tons of...
Nepra keeps tariff for wind power plants unchanged at Rs10.6048/kWh
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has announced to keep the upfront tariff for the wind power plants...
Gas-based power plants to generate cheap electricity: Shahbaz
LAHORE: A delegation of General Electric Company, led by its CEO Steve Bolze, has called on Chief Minister Shahbaz Sharif...
MCB earns Rs34.1b in 9 months with 24% growth
LAHORE: The MCB Bank Limited has posted 24 per cent increase in profit before tax (PBT) which stood at Rs34.1...
PIA, PSM losses increase to Rs426b from Musharraf tenure’s Rs200b, Senate body told
ISLAMABAD: The total losses of the Pakistan International Airlines (PIA) and the Pakistan Steel Mills (PSM) have increased to Rs426...
Punjab govt to hold Int’l Seminar on Business Opportunities
LAHORE: Punjab government is all set to hold ‘International Seminar on Business Opportunities’ in order to enhance export and increase...
Carmudi examines the average price of used cars in the region
LAHORE: Carmudi, the easiest way to sell or buy a car online, analyzed hundreds of thousands of used car listings...
92% pending cases cleared: Qamar inaugurates forensic science lab for NAB
ISLAMABAD: National Accountability Bureau (NAB) Chairman Qamar Zaman Chaudhary Tuesday said that the Bureau has cleared 92% backlog of cases,...
