Business
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Two Commissioner-IR assume charge after promotion to BS-21
ISLAMABAD: Two Inland Revenue Service officers have assumed charge of the post of Commissioner-IR after their promotion to BS-21. Naushad...
PU teachers protest against Metro Orange Train’s route
LAHORE: The Punjab University employees have protested against the proposed Metro Orange Train Project on The Mall, demanding changes in...
24 foreign firms: SECP registers 426 companies in May
ISLAMABAD: As many as 426 companies have been registered with the Securities and Exchange Commission of Pakistan (SECP) during the...
B3 from Caa1: Moody’s upgrades Pakistan’s rating first time since 2008
WASHINGTON: Due to improving foreign-exchange reserves and the economic growth under an IMF program, the Moody’s Investors Service has upgraded...
Pharma industry’s growth decreases to 8% from 16%
KARACHI: The growth of pharmaceutical industry has decreased to around eight per cent per annum from approximately 16 per cent,...
Country’s reserves increase to $17.45b, SBP’s up by $400m to $12.312b
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves have increased by around $400 million to $12.312 billion due...
SC directs KWSB to submit details of water projects in metropolis
ISLAMABAD: A three-member bench of the Supreme Court has sought detailed report on water projects in the metropolis from the...
PTA resists 19.5% tax on internet services
KARACHI: Pakistan Telecommunication Authority (PTA) has opposed the imposition of tax on data transfer and broadband services by the Punjab...
Rs90b subsidy ended: Govt imposes up to Rs4/unit surcharge on electricity tariff
ISLAMABAD: The relief period, provided to the consumers after massive cut in prices of petroleum products, has over as the...
Govt to start ferry service for pilgrims from Karachi to Iran, Iraq
KARACHI: The government is considering ferry service for the pilgrims, who want to visit Iran and Iraq from Karachi. It...
Auto sales up by 30% to 162,151 units in 11 months
KARACHI: The auto sales have witnessed 30% growth year-on-year (YoY) as 162,151 units were sold during the last 11 months....
Qaim for uninterrupted gas supply to Sindh industries
KARACHI: Sindh Chief Minister Syed Qaim Ali Shah, while presiding over a meeting with the SITE Association of Industry, has...
India wants to sabotage CPEC project: Abdul Qayyum
ISLAMABAD: Senator Lt. Gen (R) Abdul Qayyum Thursday said India wanted to sabotage China-Pakistan Economic Corridor (CPEC) project by creating...
Pakistan being given B-3 category by Moody’s: Dar
ISLAMABAD: Minister for Finance Ishaq Dar Thursday informed the National Assembly that international rating agency Moodi's has upgraded Pakistan to...
Punjab govt to present Budget 2015-16 tomorrow
LAHORE: The Punjab government will present its proposed annual budget for the fiscal year 2015-16 along with the supplementary budget...
Food Minister Bosan seeks FAO role for achieving Post 2015 Development Agenda
ISLAMABAD: Minister for National Food Security and Research, Sikander Hayat Khan Bosan has called upon the United Nations’ Food and...
UBL Funds opens first investment centre in Multan
MULTAN: UBL Fund Managers Limited (UBL Funds) inaugurated its first investment centre in Multan city signifying its goal to reach...
Conflict between PSO, PNSC can lead to shortage of petrol again: Senator Ashok
ISLAMABAD: Senator Dr Ashok Kumar has expressed his apprehension that the shortage of petroleum products could emerge owing to ongoing...
Moody’s upgrades Pakistan’s credit rating to B3: Dar
ISLAMABAD: Moody's Investor Service has upgraded Pakistan’s sovereign credit rating by a notch, from Caa1 to B3, Federal Finance Minister...
PM for improving motorways network; special status to Gwadar
ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Thursday reiterated to lay down a network of motorways for national progress and...
