Business
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PBIT facilitates meeting of Chinese delegation with exporters
LAHORE: The Punjab Board of Investment & Trade (PBIT) facilitated a meeting of four-member Chinese delegation with the Mango exporters...
‘Citizen Feedback Model’ can curb corruption within government departments: PITB Chairman
LAHORE: Punjab Information Technology Board (PITB) Chairman Dr. Umar Saif said here Friday that Citizen Feedback Model (CFM) devised by...
Tractor schemes: PAAPAM wants subsidy on total production capacity
LAHORE: Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) on Friday appreciated Punjab Chief Minister for announcing 10,000 tractors...
World Bank approves $ 50 million to train youth in Punjab
WASHINGTON: The World Bank has approved US $ 50 million to improve skills training programmes in Punjab as part of...
Special centers, control rooms established to address complaints of Wheat Purchasing Campaign
MULTAN: Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan Friday said special centers and control rooms...
SECP to host ‘South Asian Security Regulators’ meeting in October
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will host the third session of South Asian Securities Regulators Forum...
US keeps India along with 12 other countries on Priority Watch of intellectual property
NEW DELHI: India is yet again on the list of countries identified by the US as not giving adequate protection...
HBL announces results of Q1 2015, posts tax-profit of Rs 10b, shows 63% growth
KARACHI: HBL announced its first quarter 2015 results and has delivered arecord post-tax profit of Rs 10 billion, representing a...
SBP foreign exchange reserves increases 1.6% to $12,565m
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 1.6% on a weekly basis on April...
Open market:: Dollar remains flat in value against rupee
KARACHI: The dollar closed up in value against the rupee in the interbank market, dealers said on Wednesday. It commenced...
Quaid-e-Azam University abandons plan to allocate land to Pakistan Institute of Development Economics
ISLAMABAD: The Quaid-e-Azam University (QAU) has abandoned the plan to allocate a piece of land to the Pakistan Institute of...
Govt approves Rs 1.5b Ramadan Package, provides Rs 280m subsidy on flour, Rs 175 million on sugar
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved Ramazan package and balance amount of $35.96 million...
FBR gathers Rs 200b in April 2015, surges 14.28% than same period in 2014
ISLAMABAD: The Federal Board of Revenue (FBR) collection grew 14.28 per cent to Rs200 billion in April 2015 from Rs175bn...
NEPRA approves tariff petition of Chinese firm for 300 MW power plant
ISLAMABAD: Despite offering world’s one of the most lucrative tariff, National Electric Power Regulatory Authority has accepted tariff petition of...
LNG will reduce 50% power generation cost, CNG sector was free to import LNG: Shahid Khaqan
ISLAMABAD: Minister for Petroleum Shahid Khaqan Abbasi on Thursday dispelled the impression that imported LNG was as expensive to generate...
Fishermen turn down draft of Sindh Fisheries and Aquaculture Bill, 2015
KARACHI: The fishermen have rejected the Sindh Fisheries and Aquaculture Bill, 2015 during a provincial dialogue on fisheries policy and...
Bat wing super sensors guide its acrobatic flight
WASHINGTON: Bats have always impressed scientists with their super-precise flying abilities, and a recent study shows the secret to these...
Rs2,691 billion revenue target: Govt imposes additional 2% duty on POL products
ISLAMABAD: The government has imposed additional duties on petroleum products and furnace oil to meet its Rs2,691 billion revenue target....
Xi’s letter to Nawaz: China reaffirms support for $46 billion economic corridor
ISLAMABAD: Chinese President Xi Jinping, in a letter delivered to Prime Minister Nawaz Sharif, has reiterated its dedication towards the...
Sugarcane production target increased to 68m tonnes/1.40m hectares, rice to 7m tonnes/2.8m hectares
ISLAMABAD: The Federal Committee on Agriculture (FCA), increasing the production targets, has set sugarcane target at 68 million tonnes from...
