Business

KABUL: The Afghan Ministry of Foreign Affairs has said that improvements have been made on the implementation of Turkmenistan-Afghanistan-Pakistan-India (TAPI)...

6-8% per annum growth: TDAP delegation to visit Nigeria for boosting economic ties

KARACHI: Trade Development Authority of Pakistan (TDAP) Chief Executive SM Muneer has called on newly-appointed Nigerian Ambassador to Pakistan Agha...

2 gateways, 1 laptop confiscated: PTA unearths illegal gateway exchange in Gujrat

byMati ur Rehman

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has raided on an illegal gateway exchange in Gujrat and confiscated two gateways, one laptop,...

Banks disburse Rs288.7b agri loans, 57.8pc higher than Rs 500b annual target

KARACHI: During July to February of fiscal year 2015), the banks disbursed Rs 288.7 billion agricultural credit which is 57.8%...

Violation of Section 10 of Competition Act, 2010: Paint company fined Rs1m for deceptive advertising

ISLAMABAD: The Competition Commission of Pakistan (CCP) imposing Rs1 million penalty on a paint company, Jotun Pakistan (Pvt) Limited, for...

30% decline in exports: Textile industry being supplied 6-hour gas a day, says Aptma

LAHORE: All Pakistan Textile Mills Association (Aptma) Chairman S M Tanveer has said that the textile industry is presently being...

5 to 6 trade exhibitions a year: Tajikistan interested in $45.6b Pak-China Economic Corridor, says envoy

KARACHI: Ambassador of Tajikistan Sherali Janonov said that his country was interested in $45.6 billion worth Pak-China Economic Corridor (PCEC)...

USAID plan aims to improve productivity of 20,000 farmers, livestock holders

ISLAMABAD: The US Agency for International Development (USAID) funded an initiative to develop the agriculture sector and private businesses in...

Ginneries get phutti of 14.78m bales: Textiles buy 13.57m, exporters 473,337, TCP 94,900 bales

MULTAN: Till March 15, 2015, seed cotton (Phutti) of 14.78 million bales has reached ginneries across the country registering a...

EPS increases to Rs23.35 from Rs22.37: Pak Suzuki earns Rs1.93 billion with 4% growth

KARACHI: Pakistan’s largest automaker Pak Suzuki has announced a net profit of Rs1.93 billion in year 2014, showing growth of...

Tajikistan interested in $45.6b Pak-China Economic Corridor: Envoy

KARACHI: Ambassador of Tajikistan Sherali Janonov said that his country was interested in $45.6 billion worth Pak-China Economic Corridor (PCEC)...

Founded in 1978, 5000+ employees: Fauji Fertilizer marks achievements day

ISLAMABAD: With the aim to promote public awareness regarding the FFC culture, Fauji Fertilizers has celebrated FFC day. The company,...

Rs12b decrease in bills: Nepra to cut power tariffs by Rs2.08 from April

ISLAMABAD: After massive cut in petroleum prices, National Electric Power Regulatory Authority (Nepra) has decided to decreases power tariffs by...

Under Companies Ordinance 1984: PDFL to be made functional

byMati ur Rehman

ISLAMABAD: Federal Finance Minister Ishaq Dar, during the second meeting of Pakistan Development Fund Ltd (PDFL), has been told that...

400-bale deals done at Rs4,200 to Rs5,200: KCA keeps official rates fixed at Rs5,000/maund

KARACHI: The Karachi Cotton Association (KCA) kept its official rates fixed at Rs5,000 per maund while the cotton analysts said...

$250,000 stolen from investors: Pak-origin hedge fund manager arrested in US

NEW YORK: A Pakistani-origin New York City hedge fund manager has been arrested on $1 million cash bail for allegedly...

Policy draft on irrigation presented at farmers moot

LAHORE: The Indus Consortium, in collaboration with OxfamNovib, organised a conference for farmers, where a policy draft on irrigation was...

Over 800 delegates participated: ICAP’s CFO Conference 2015 ends

KARACHI: The financial experts, at the last day of CFO Conference 2015, emphasised on the importance of good governance through...

10-year treaty partners Pakistan, Austria sign protocol amending ADTA 2005