Business
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Under Companies Ordinance 1984: PDFL to be made functional
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
ISLAMABAD: Amending the agreement on avoidance of double taxation (ADTA), Pakistan and Austria signed additional protocol which will facilitate hassle...
75,000 bags seed bags at 1200 outlets: Minister directs PSC to decrease certified cotton seed price by Rs1,000/bag
LAHORE: Provincial Minister for Agriculture Dr Farrukh Javed has directed the Punjab Seed Corporation to decrease price of certified cotton...
Rs400m out of Rs1b security plan approved: Non-stop modern train to run between Rawalpindi, Karachi
LAHORE: Federal Minister for Railways Khawaja Saad Rafique, after inaugurating 10 power vans at Lahore station, has said that Pakistan...
Mobile phone services will be suspended on March 23 parade eve
ISLAMABAD: The mobile phone services will be suspended in Islamabad on for the March 23 parade. This was stated by...
Coal, solar based energy projects of 4000 MW to be started on war footing: Ahsan
ISLAMABAD: Federal Minister for Planning, Development and Reform Prof. Ahsan Iqbal on Tuesday said that China Pakistan Economic Corridor (CPEC)...
Pakistan Railways to launch super fast train between Islamabad and Karachi from May 2015: Khawaja Saad
LAHORE – Pakistan Railways Minister Khawaja Saad Rafique has announced to operate a new state of the art superior fast...
Wapda, Chinese firm sign Rs14.538b, Rs2.713b MoUs for 2,160MW hydropower project
LAHORE: The Wapda signed two agreements for relocation of Karakuram Highway (KKH) and construction of Right Bank Access Road in...
$400 million project: Nepra gives licence to K-Electric for 420MW coal conversion project
KARACHI: National Electric Power Regulatory Authority (Nepra) has okayed a generation licence for K-Energy (a subsidiary of K-Electric), allowing it...
NAB arrests two persons of Al-Barakah Investment Company over fraud
ISLAMABAD: National Accountability Bureau (NAB), Khyber Pakhtunkhwa on Tuesday arrested Badshah Rehman and Naimat Khan in the garb of Islamic...
$400 million project: Nepra gives licence to K-Electric for 420MW coal conversion project
KARACHI: National Electric Power Regulatory Authority (Nepra) has okayed a generation licence for K-Energy (a subsidiary of K-Electric), allowing it...
CDA making arrangements for March-23 Pakistan Day Parade after 7-year gap
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...
