Business

Govt to build 500MW floating solar project at Keenjhar Lake

byCT Report

08/05/2026

Electricity consumers likely to receive Rs63.94bn relief

07/05/2026

Govt introduces public-driven model for area development projects

06/05/2026

Punjab revises property valuation rates to attract UAE & Gulf investors

05/05/2026

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Pak reserves stand at $16.131b, SBP’s fall by $159m to $11.067b after $51m payment to IMF

KARACHI: During the week ending March 20, Pakistan’s total liquid foreign exchange reserves stood at $16.131 billion versus $16.273bn the...

$22b deal with Qatar: First shipment of 147,000cf LNG arrives in Pakistan thru through FSRU

KARACHI: As per the government claims, the first shipment of 147,000 cubic feet of Liquefied Natural Gas (LNG), has arrived...

LSE moot on finance and industrial uplift: Share in total industry credit saw decline in 9 years

byShazad Ahmed

LAHORE: South Asian Studies University of Oxford Director Dr Mathew MacCartney chaired second session of Lahore School of Economic (LSE)...

Pak reserves at $16.131b against $16.273b; SBP’s fall by $159m to $11.067b from $11.226b

KARACHI: During the week ending March 20, Pakistan’s total liquid foreign exchange reserves stood at $16.131 billion versus $16.273bn the...

Cabinet body okays sale of 97pc HEC shares to Cargill Holdings for Rs905m; liabilities Rs435m, Rs250m in cash

ISLAMABAD: A cabinet body has okayed strategic sale of 97 percent shares of Heavy Electrical Complex (HEC) to Cargill Holdings...

1095 barrels/day: OGDCL makes 104th oil, gas discovery in 4 months

ISLAMABAD: The Oil & Gas Development Company Limited (OGDCL) has claimed to discover another natural oil reserves from exploratory Well...

Rs95b out of Rs110b paid: Sugar millers seek subsidy for payments to growers

LAHORE: The Punjab government has been urged to financially support the sugar millers for payment to growers and give the...

1,095 barrels of crude oil/day from a well: OGDCL claims to discover huge oil reserves in Sindh

ISLAMABAD: The Oil and Gas Development Company, in a statement, has claimed to discover a large reserve of crude oil...

Gas supply from well No 15 disrupted as 8-inch pipeline blown up in Dera Bugti

DERA BUGTI - With explosive device, an 8-inch-diameter gas pipeline was blown up by miscreants in Pir Sohri area disrupting...

Traders protest delay in completion of Rs44.21b Metro bus project, demand tax exemption

RAWALPINDI: The traders of twin cities, protesting against the delay of Rs44.21 billion Metro Bus Service project, have demanded exemption...

PSM production remains 50% of 1.1mt/annum: Ship carrying 55,000 tonnes coal arrives from Australia

KARACHI: A ship MV Trans Pacific carrying 55,000 tonnes of coal from Australia has arrived at Pakistan Steel Mills Jetty,...

Proposal to link PIA to 10 cities of China: Key companies want to prop up Pak airline, CAA

ISLAMABAD: Chinese company Sibol China Limited Managing Director Qiao Song said many leading Chinese companies want to invest in Pakistan...

SBP says Islamic Finance industry reaches $ 1.8tr in 40 years, to set up CEIFE after varsities’ proposals

KARACHI: The External Relations Department of State Bank of Pakistan has announced that the SBP will set up the Centre...

GDP growth rate will be 4.3% against 4.5% target: Sustainable policies stressed to boost economy

LAHORE: The speakers at a conference on Management of the Pakistan Economy, organised by the Lahore School of Economics, have...

As reserves climb to $11.2b from $3.2b, Moody’s affirms Pak govt’s rating at Caa1

ISLAMABAD: On the basis of strengthening external liquidity position and continued efforts toward fiscal consolidation, Moody’s Investors Service, a rating...

As reserves climb to $11.2b from $3.2b, Moody’s affirms Pak govt’s rating at Caa1

ISLAMABAD: On the basis of strengthening external liquidity position and continued efforts toward fiscal consolidation, Moody’s Investors Service, a rating...

TT charges to be 20 Riyals on $200 remittance: Dar declares new PRI scheme

KARACHI: Federal Finance Minister Ishaq Dar, while addressing an award ceremony at Karachi Stock Exchange to recognise the 25 best...

$795.8m worth 1410MW project: Wapda submitting PC-1 of Tarbela’s 5th Extension

LAHORE: The Water and Power Development Authority (Wapda) has decided to submit PC-I of 1410-MW Tarbela 5th Extension Hydropower Project...

80% hospitals don’t have incinerators: CDA forms body for dumping medical waste

ISLAMABAD: The Capital Development Authority (CDA), responding a letter written by the Climate Change Secretary Muhammad Arif Khan, has decided...

Under $22b deal, 147,000 cubic feet LNG shipment reaches Karachi from Qatar