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LSM industries’ growth slows to 2.5pc, Quantum Index Number at 114.2 points
ISLAMABAD - During July-November period of the current financial year, the large-scale manufacturing (LSM) sector has registered paltry growth of...
IMF: Gulf countries to face $300b loss due to decling oil prices
NEW YORK: The International Monetary Fund (IMF) has given an estimate that the countries of the Gulf Cooperation Council will...
80pc petrol pumps open, fuel supply to improve 100pc in Lahore
LAHORE: Shortage of petrol in the provincial capital has reduced and the CNG stations also remained open to facilitate the...
$976.784m from $944.077m: Rice exports increases by 3.5% to 1,781,401 tonnes in July-Dec 2014-15
ISLAMABAD: Pakistan Bureau of Statistics (PBS) has reported that the country’s rice exports have increased by 3.46 per cent to...
On petition filed by 528 users, PHC stays collection of 4 surcharges on power bills
PESHAWAR - In the Khyber Pakhtunkhwa province, the Peshawar High Court (PHC) stayed the collection of four different surcharges on...
Reserves decrease to $15.020b from $15.060b, SBP’s fall by $34m to $10.331b
KARACHI: The State Bank of Pakistan (SBP) has reported that the country’s total liquid foreign exchange reserves have decreased to...
Govt aims to move on LNG and hydro-based projects: CSAIL to initiate 4,000MW projects on Indus River
ISLAMABAD: Pakistan is diversifying its energy mix and aims to provide electricity on economical rates to consumers. For this purpose,...
ECB plans €1.1 trillion stimulus package for Europe’s economy
Frankfurt – Under a European Central Bank President Mario Draghi’s plan, at least €1.1 trillion will be pumped into Europe's...
17-22% GST on petroleum products: IHC issues notices to Secy Finance, OGRA, FBR
RAWALPINDI: The Islamabad High Court (IHC) has issued notices to the finance secretary, chairmen of FBR and OGRA in a...
LHC orders to submit inquiry report on petrol crisis till Feb 6
LAHORE: The Lahore High Court has summoned investigation of the report of committee about the petrol shortage in Pakistan. Justice...
Rs50b/year loss to national exchequer: CDA approves 20% allowance for 14,000 employees
ISLAMABAD: The Capital Development Authority (CDA) board has finally approved a basic pay allowance of 20 percent for over 14,000...
61% of top 28 selling brands cheaper in Pakistan than India, Bangladesh: PPMA
KARACHI: The Pakistan Pharmaceutical Manufacturers Association (PPMA) has stated that 61% of major 28 selling brands are inexpensive in the...
LCCI, KCCI to work jointly for promotion of regional trade
LAHORE: Lahore and Karachi Chambers have decided to work together to promote the regional trade. The decision was made at...
Pakistan Railways oil reserves capacity increased from 1 to 17 days: Saad Rafique
ISLAMABAD: Federal Minister for Railways Khawaja Saad Rafiq has confirmed that Pakistan Railways is not affected by the current petrol...
Five mobile companies initiate re-verification of 103m SIMs: Industry invests $25m to provide 60,000 BVS devices
ISLAMABAD: Five mobile companies have started biometric re-verification process of around 103 million, mobile phone SIMs, under newly devised National...
$6b power projects of 3,000MW underway: Pakistan moving to LNG and hydro projects
ISLAMABAD - Minister for Finance Ishaq Dar Pakistan is diversifying its energy mix and moving from furnace oil and diesel...
With Pakistan’s $7.743b trade deficit for 2013/14, KCCI, LCCI to work for FTAs/PTAs’ activation
LAHORE – The Karachi and Lahore chambers of commerce and industries will jointly work for the promotion of regional trade...
5,000 tons furnace oil for power plants daily: Railways have fuel stocks for 17 days, claims Saad
ISLAMABAD: Federal Minister for Railways Khawaja Saad Rafique has said that Pakistan Railways keeps enough fuel stocks for 17 days...
Mobile operators spend Rs22b as 103m SIMs’ biometric verification afoot
ISLAMABAD - Under the government’s anti-terror National Action Plan, five mobile cellular operators have initiated biometric re-verification process of around...
Expenses rise by 300%: 61% of top 28 brands cheaper in Pakistan than India, Bangladesh, claims PPMA
KARACHI: Pakistan Pharmaceutical Manufacturers Association (PPMA) Chairman Saeed Allawala, during a press conference, has claimed that 61 per cent of...
