Business

MULTAN: The State Bank of Pakistan (SBP) has started its new service to facilitate general public in association with the...

Punjab govt approves 10 development projects worth Rs108.55b

LAHORE: The provincial government, during its second meeting of Provincial Development Working Party (PDWP), has okayed 10 projects of various...

Mango production cut by 50% this year, export decreased to 5% in five years

MULTAN: The mango production has reduced to half as compared to last year and export slashed to 5 per cent...

Saad cuts 50pc fare for passengers travelling from Lahore to Karachi

LAHORE: The government has announced 50 per cent discount in railway fares on Eid for the passengers travelling from Lahore...

SBP grants Rs20 billion concessionary loan to BankIslami

ISLAMABAD: The central bank has granted concessionary loan worth Rs20 billion to BankIslami, for meeting the capital requirements following the...

Chinese delegation visit PBIT

LAHORE: A four-member delegation from China Shandong CEPREI Electronic Information Engineering Company Limited visited Punjab Board of Investment and Trade...

ANF recovers 239kg charas, 96kg opium; arrests nine including three women

RAWALPINDI: The Anti-Narcotics Force (ANF) has recovered 239 kilograms charas and 96 kg opium in five operations conducted in various...

Iran assures cooperation in energy sector

ISLAMABAD: Iran would help Pakistan in developing energy and infrastructure sectors, said member Iranian Foreign Policy, Muhammad Hassan Asafari on...

LHC summons Finance secretary on contempt plea

LAHORE: The Lahore High Court (LHC) on Monday summoned provincial secretary finance for July 22 on a contempt petition against...

Slight increase of 0.2% witnessed in domestic fertilizers production

ISLAMABAD: The domestic production of fertilizers during just ended fiscal year has increased slightly by 0.2 per cent over last...

Super highway to be converted into motorway by December 2017

ISLAMABAD: The cut-off date for the completion of construction of Karachi-Hyderabad Motorway (M-9) is December 15, 2017, an official of...

Overseas workers’ remittances rise 16.5% to $18.4 billion in FY2014-15

ISLAMABAD: Overseas Pakistani workers remitted $18.454 billion during fiscal year 2014-15 (July to June), showing a significant growth of 16.5...

Federal govt asked to grant Rs 250 million for security of Gwadar Port, Coastal Highway

QUETTA: The federal government has been recommended to approve a security plan worth Rs 250 million for security of Gwadar...

Chinese govt to establish bio-tech lab in Multan to promote agri sector

MULTAN: The Chinese government has announced to establish a bio-tech research laboratory for the promotion of agriculture sector in Pakistan....

Silt, sediments: Rawal Lake completes life expectancy, capacity reduces by 37%

ISLAMABAD: The water storage capacity of Rawal Dam has reduced by 37 percent due to increasing flow of silt and...

Delay in construction of I-11 bus stand irks transporters, citizens

ISLAMABAD: The public transporters and citizens are facing trouble as the construction of new bus stand in I-11/4 is still...

Fourth time in a week: Karachi suffers another power breakdown

KARACHI: The country’s biggest city suffered fourth major power breakdown in a week on Sunday night as K-Electric failed to...

PM, President lauded for WHT on banking transactions