Business

ISLAMABAD: The weekly Sensitive Price Indicator (SPI) inflation went up 0.53 percent on year-on-year basis and deceased decreased by 0.35...

From 9:30am-1:00pm, 2:00pm-4:00pm SECP increases business hours

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in order to facilitate the people, has extended its business hours...

1.24pc increase for lowest income group: SPI up 0.53pc; down 0.35pc on WoW

ISLAMABAD: The weekly Sensitive Price Indicator (SPI) inflation went up 0.53 percent on year-on-year basis and deceased decreased by 0.35...

19 Islamic banks, 1200 branches in 80 districts: Dar inaugurates 3rd phase of financial innovation fund

ISLAMABAD: Federal Finance Minister Ishaq Dar has inaugurated the third round of Financial Innovation Challenge Fund for the promotion of...

1100km gas pipeline to be completed in 2 phases: PM for additional electricity by summer

ISLAMABAD: Prime Minister Nawaz Sharif, chairing the 7th meeting of the Cabinet Committee on Energy here at the PM’s House,...

500Kv, 220Kv lines tripped: NTDC held responsible for power breakdown

ISLAMABAD: The National Transmission & Despatch Company (NTDC) Limited was behind the third massive power breakdown in one month, alleged the...

Minister for tapping Punjab-Iran trade potential

LAHORE: There exists great potential for trade between Iran and the province of Punjab as the latter can expand exports...

969MW Neelum-Jhelum Dam: Minister optimistic about funds to ensure timely completion

byMonitoring Report

ISLAMABAD: The strategic 969MW Neelum-Jhelum hydropower project is facing serious financial constraints and despite the prime minister’s instructions, it is...

Assets up by 1.3% to Rs1102b, Deposits reach Rs934b: Islamic banks earn Rs9.4b profit in July-Sept

KARACHI: The country’s Islamic banking sector earned Rs9.4 billion profit during July-September 2014 as compared to Rs5.6 billion it earned...

$24.203b import bill against $12.073b exports: Trade deficit swells 33.97pc to $12.3b during July-Dec

ISLAMABAD: Despite falling crude oil prices in the international market, the country’s import bill is on the constant rise, widening...

Deposits up by 11% to Rs8.3tr in 2014: Banking advances increases by 9% to Rs4.4tr from Rs4.0tr

KARACHI: Due to conservative lending strategy and low credit demand, the advances of the banking sector has increased by 9...

NAB arrests Badin audit official for Rs 70 million fraud

ISLAMABAD: The National Accountability Bureau has arrested Officer Incharge Local Fund Audit Muhammad Akhlaq Sheikh, AD Local Fund Audit District...

Coca-Cola to axe up to 1,800 jobs worldwide

NEW YORK: Coca-Cola is going to eliminate 1,600 to 1,800 jobs worldwide as it continues cost-cutting efforts. Coca-Cola reported a...

Greece to sell €625 million treasury bills on Jan 14

ATHENS: Greece is going to sell €625 million ($739 million) of three-month treasury bills on January 14 to refinance a...

Inflation rate of China rises to 1.5% from 1.4% in Dec 2014

BEIJING: The inflation rate of China has been recorded near a five-year low in December, edging up to 1.5% from...

CDC introduces innovative service of ‘e-Dividend’ for stock market