Business
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Efficient use of water: USDA imparts training to 14,000 small farmers
ISLAMABAD: The US Department of Agriculture (USDA) has imparted training of efficient use of water to over 14,000 small farmers,...
SPI inflation increases by 0.26%
ISLAMABAD: The inflation, measured by Sensitive Price Indicator (SPI) for the week ending on October 29 increased by 0.26 percent...
CDA decides to expand Ataturk Avenue
ISLAMABAD: The Capital Development Authority (CDA) has announced to expand the Ataturk Avenue, popularly known as Embassy Road. The authority...
SECP releases annual performance report
ISLAMABAD: The Securities Exchange Commission of Pakistan (SECP) has issued its annual report, covering performance and audited financial statements of...
Atlas Honda announces to expand business with $100m investment
KARACHI: Atlas Honda Limited will invest $100 million in expanding its motorcycle operations in Pakistan. The Board of Directors of...
Yarn rate increases by 50% to Rs1,200/100 pounds bag after 10% duty
LAHORE: Yarn rate in the country has been increased by 50 per cent to Rs1,200 per 100 pounds bag from...
CDNS collects Rs101b against Rs96b target
ISLAMABAD: The Central Directorate of National Savings (CDNS) generated revenue of Rs101 billion till October 21 during the current fiscal...
Islamic banking sector grew 37% in FY14-15
ISLAMABAD: The State Bank of Pakistan has reported 37 per cent growth in the country’s Islamic banking sector during FY14-15....
Communication services restored in earthquake-hit areas
LAHORE: The Pakistan Telecommunication Company Limited (PTCL) has claimed to restore communication services in earthquake-hit areas of Khyber Pakhtunkhwa. PTCL...
PM warns against laxity in CPEC projects
ISLAMABAD: Prime Minister Nawaz Sharif has warned the authorities concerned that no laxity would be tolerated in the execution of...
Rs6.6 billion spent on printing of new banknotes in FY14-15
KARACHI: The central bank spent Rs 6.690 billion on the printing of new currency notes in the fiscal year 2014-15....
Stay order on coal power plants revoked
LAHORE: Justice Mamoon Rashid Sheikh of Lahore High Court (LHC) has vacated a stay earlier granted against construction of 2X-660...
NAB nabs PHA director for embezzlement
PESHAWAR: National Accountability Bureau (NAB) Khyber Pakhtunkhwa Friday arrested Provincial Housing Authority Director Salauddin for alleged embezzlement of millions of...
CDWP approves 20 projects worth Rs512b
ISLAMABAD: The Central Development Working Party (CDWP) has approved 20 development projects of worth Rs512 billion and referred three to...
81% growth: BoP earned Rs5.6b profit in 9 months
LAHORE: The Bank of Punjab earned before tax profit of Rs5.6 billion during first nine months of current calendar year...
Time period of 0.3% WHT on banking transactions extended
ISLAMABAD: The government has announced to extend the time period of concessional rate of withholding tax of 0.3 percent on...
Lucky Cement earns Rs3b in Q1, announces to set up $200m plant
LAKKI MARWAT: Lucky Cement has announced to set up a $200 million worth fully integrated green field cement manufacturing plant...
Lockton MENA organises seminar on renewable energy
LAHORE: The world’s largest privately held insurance brokerage firm, Lockton MENA, has organised a seminar titled ‘Renewable Energy and Power...
Silkbank earns Rs30m in Q3
KARACHI: The Silkbank has posted profit-after-tax of Rs30 million during third quarterly ended Sept 30. Silkbank’s total asset base grew...
SBP’s reserves drecrease by $102m to $14.9b
KARACHI: The foreign reserves held by the State Bank of Pakistn decreased by $102 million to $14,918 million ($14.9 billion)...
