Business
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Slow trade at cotton market as spinners attend textile fair in Frankfurt
KARACHI: Cotton trade was slow on the market due to absence of buyers' interest. The underlying sentiment also remained easy...
Iran to build two more nuclear plants in Bushehr: Rouhani
TEHRAN: Iran`s President Hassan Rouhani has said that the country will build two more nuclear plants in the southern city...
Power purchase agreement with K-Electric to expire on Jan 26, Abid Sher Ali refuses any extension
ISLAMABAD: Minister of State for Water and Power Abid Sher Ali has announced that the government will not extend the...
Copper slides below $6,000 to new five-year low; zinc hits 7-month low
LONDON: The copper fell below $6,000 to its weakest in over five years because more losses in oil spurred selling...
World traders betting on further decline in oil price to $20 a barrel
NEW YORK: The decreasing oil prices have made the situation very interesting as some traders have begun to place bets...
Pakistan’s central bank to launch Islamic finance awareness mass media campaign
ISLAMABAD: The central bank of Pakistan is going to launch a second phase of a mass media campaign. The campaign...
ECNEC approves 9 mega development schemes worth Rs 105b: Rs26.6b allocated for Gawadar Int’l Airport
ISLAMABAD: The Executive Committee of National Economic Council (Ecnec) has approved nine mega development schemes costing Rs105 billion including construction...
Production of major crops increased in 2014: Record 19.7m tonnes wheat production target achieved
ISLAMABAD: Punjab Agriculture Department spokesman has said that the production of important crops has increased considerably in the year 2014....
Funds shortage to delay completion of Rs274.88b Neelum-Jhelum project in 2015
ISLAMABAD: Funds shortage will keep the Neelum-Jhelum hydropower project unfinished this year, forcing officials to treat 2016 as the...
Remittances increase by 15.2pc to $8.981b
KARACHI: In the first half of this fiscal year, overseas Pakistanis has remitted $8.981 billion, a growth of 15.2 per...
Global market of $48 billion: Smeda to prepare guidelines to increase meat exports
LAHORE: The Small and Medium Enterprises Development Authority (Smeda) has started to prepare guidelines to aware the exporters of red...
FPCCI urges govt to withdraw 15pc import duty on steel billets
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has asked the government to withdraw 15 per cent...
CDA conducts balloting for allotment of 154 residential plots: 48 of 1000 yards and 106 of 500 yards
ISLAMABAD: The Capital Development Authority (CDA) has conducted a transparent balloting for allotment of 154 residential plots in its unique...
Section 42 of Companies Ordinace, 1984: SECP verifies directors’ credentials thru online CNIC
ISLAMABAD: The Securities and Exchange Commission of Pakistanis verifying the credentials of directors of companies through online Computerised National Identity...
Rs100b debt: Minister rules out extensionof 650MW accord with K-Electric
ISLAMABAD: For what he described is failure to honour commitment regarding increasing its generation capacity, Minister of State for Water...
$840, 1,410MW Tarbela 4th extension: Wapda chief directs timely completion
LAHORE: The 1,410MW Tarbela 4th Extension Hydropower Project is of great importance and it timely completion should be ensured to...
116 branches set up till 2014: BOK serving Islamic Banking clients efficiently
PESHAWAR: Raast Islamic Banking of The Bank of Khyber (BOK) has business-friendly network in all major cities of the country...
132kv grid opened in F-16 sector: Minister says no extension in 650MW supply contract with K-Electric
ISLAMABAD: Minister of State for Water and Power Abid Sher Ali declared that the government will not grant any extension...
Funds crisis delays Neelum-Jhelum hydropower project, cost rise to Rs274.88 billion
ISLAMABAD: A funding crunch will keep the Neelum-Jhelum hydropower project unfinished this year, forcing officials to treat 2016 as the...
MobiCash sees 13pc rise, TimePey up 11pc: BB transactions declined 6pc in July-Sep
KARACHI: Except for MobiCash and Timepey, the number of transaction of branchless banking (BB) declined 6 per cent to 66.8...
