Business

ISLAMABAD: Minister for National Food Security and Research, Sikandar Hayat Khan Bosan, addressing ‘Pakistan Agriculture Conference and Exhibition’, said that...

Proposed hike in freight rate to help Railways increase earnings by 14pc to Rs 1,21,423 crore

New Delhi: In the next financial year, the proposed hike in freight rate will help Railways' earnings from movement of...

$7.5b imports against $2.5b exports to China: Business community expresses concern over FTAs

LAHORE: The All Pakistan Business Forum (APBF), expressing concerns over Free Trade Agreements (FTAs) signed with Malaysia, Sri Lanka and...

$6m, $1.1m contracts: Foreign investors take interest in Pak products at Expo 2015

KARACHI: Several foreign investors are taking keen interest to buy local products displayed at the 9th edition of Expo Pakistan...

GST decreased from 27% to 18%: POL prices to remain unchanged, GST on HSD up from 27% to 37%

ISLAMABAD: The government, rejecting the Oil and Gas Regulatory Authority’s (Ogra) summery, has decided to keep the petroleum prices unchanged...

4 demands accepted: Pesco to reduce outages as MPs to help recover dues; Pesco workers protest for bonus

PESHAWAR: Peshawar Electric Supply Company officials have agreed to reduce power loadshedding as Pakistan Tehreek-e-Insaf members of provincial assembly will...

Reserves decline by $93m to $15.943b, SBP holds $11075m

KARACHI: The country’s total foreign exchange reserves have declined by $93 million to $15943 million during the week ended on...

969 MW project worth Rs275b: Kuwait to give Pakistan $32m loan for Neelum Jhelum project

ISLAMABAD: Kuwait will give Pakistan an additional loan of $32 million for 969 MW Neelum Jhelum Hydro Power Project. Economic...

$1.160b project to be financed by WB, ADB, IDB: Tajikistan to help fight electricity crisis: Ambassador

ISLAMABAD: Tajik Ambassador in Pakistan Sher Ali Jononov said Tajikistan was preparing to export sizeable quantity of electricity to Pakistan...

Multan: Kissan Ittehad urges govt to ban trade with India to protect farmers

byImran Ali

MULTAN: Pakistan Kissan Ittehad President Khalid Mehmood Khokar has demanded that the government impose a ban on trade with India,...

Govt plans to privatize entities of energy sector: minister

ISLAMABAD: Minister of State for Water and Power Chaudhry Abid Sher Ali has stated that the government is planning to...

Argentinian Ambassador shows interest to invest in IT sector

ISLAMABAD:The Ambassador of Argentina to Pakistan, Rodulfo Martin Saravia, showed his interest to invest in the sector of information technology(IT)....

SHC issues notices over usage of substandard gas cylinders

KARACHI: Sindh High Court (SHC) has issued notices to Deputy Inspector General Traffic Police and Motorway Police Officer to explain...

Production of sugarcane declines

ISLAMABAD: The production of sugarcane has declined this year. The major reasons behind the low production are delayed payments to...

Pakistan will boost exports to $26b by 2019: PM Nawaz

KARACHI: Prime Minister Nawaz Sharif while addressing the inauguration ceremony of the 9th Expo Pakistan said that Pakistan is an...

NAB spreads anti-corruption message thru IESCO

ISLAMABAD: The National Accountability Bureau (NAB) has proposed to the Islamabad Electric Supply Company (Iesco) to print the message on...

Sindh Bank deposits increase by 35% to Rs61.884b from Rs45.756billion

KARACHI: the deposits of Sindh Bank have increased by 35 per cent to Rs61.884 billion against Rs45.756 billion of last...

Branches in 65 countries: 135-yr-old Italian brand ‘Filippo Berio’ launched in Pakistan

RAWALPINDI: The world’s finest olive oil brand Filippo Berio has been launched in Pakistan. The launching ceremony was held at...

3G/4G auction: Argentinean envoy for investment in Pak IT sector