Business

ISLAMABAD: The Capital Development Authority (CDA) directed beautification, decoration and revamping the surroundings and connecting routes of the venue of...

Pak e-commerce market to reach $600m by 2017: HBL introduces online payment service

KARACHI: Habib Bank Limited (HBL), in collaboration with Shpistan.pk, has introduced internet payment gateway in Pakistan. Addressing the agreement signing...

Mobilink tops with 423,371, Telenor 2nd with 405,883: 3G, 4G users increase by 1.31m in one month to 10.4m

ISLAMABAD: The mobile operators are recording growing number of the 3G, 4G users in the country. The four main mobile...

Dar okays schedule for budget 2015-16 preparation

ISLAMABAD: The upcoming budget 2015-16 is expected to be announced before May-end or first week of June while Federal Minister...

Cotton price remains unchanged at Rs5000 as 4,000 bales changed hands between Rs 4625, Rs 5275

KARACHI: Modest trading and constant demand for quality lint have kept the rates unchanged at Rs5000 in cotton market. The...

84mmscfd gas, 21854 bpd oil: OGDCL labour union turns down Nashpa gas filed award on BOO basis

LAHORE: The Oil and Gas Development Company Limited (OGDCL) labour union, condemning the company’s move, has rejected the award of...

Paid-up of Rs10 billion each: Govt set to launch Mortgage Refinance Company, Exim Bank

ISLAMABAD: With the aim to promote housing finance market with greater participation by banks and financial institutions, the federal government...

Privatisation of national institutions: Sirajul Haq takes the govt to task

LAHORE: Jamaat-e-Islami Ameer Sirajul Haq, flaying the government’s move to privatise national entities, has said that the ruling capitalists and...

Rs400m project signed for computerisation of Railways’ land in 2 years

LAHORE: The Punjab Urban Unit and the Pakistan Railways reached an agreement for computerisation of the latter’s land at a...

In absence of PM Nawaz, acting governor opens Faisalabad-Gojra Motorway (M-4)

TOBA TEK SINGH: Instead of Prime Minister Nawaz Sharif, Punjab Acting Governor Rana Muhammad Iqbal inaugurated the Faisalabad-Gojra Motorway (M-4)...

Rs 5.78b arrears: Committee set up to settle matter between AJK, Gepco

byZafar Malik

SIALKOT: The federal government has formulated a committee to resolve the issue of outstanding arrears to the tune of Rs...

Flight PK-786: Pakistani woman held at Heathrow airport

LONDON: The airport police of United Kingdom have arrested a woman named Saira from a PIA flight en route to...

Safety fears about 2200MW project: Nuclear Regulatory Authority rejects concerns over radiation ‘leakage’

ISLAMABAD: Pakistan Nuclear Regulatory Authority (PNRA) has allayed the safety concerns over possible releasing of radiation from upcoming K-2 and...

Rs15/kg cut: No ghee, oil in market; retailers urges action against millers

LAHORE: After the Punjab government’s announcement of Rs15 cut per kg/litre in ghee and cooking oil prices, the poor masses...

$10b project: Sartaj says TAPI to meet energy needs of region, project to start till end of 2015

ISLAMABAD: Sartaj Aziz, a veteran politician and Adviser to Prime Minister on National Security and Foreign Affairs, has said that...

Under $10b Tapi project, SNGPL to get 994 mmcfd or 75pc of gas, SSGC remaining 331 mmcfd

ISLAMABAD: The federal government has decided that 994 mmcfd or 75 per cent of gas imported under about $10 billion...

40000 of 150,000 new meters procured: Iesco installing smart meters to address overbilling issue

ISLAMABAD: In a bid to address the problem of overbilling, the Islamabad Electric Supply Company (Iesco) is going to install...

Flight PK 785: Plane makes emergency landing at Moscow as passenger suffers heart attack