Business

ISLAMABAD: The IMF Executive Board completed fourth and fifth reviews of Pakistan's economic performance and granted release of $1.05 under...

Pakistan, China trade volume reaches $12.8b; Beijing mourns Peshawar tragedy

ISLAMABAD: Chinese Ambassador Sun Weidong has said trade volume between Pakistan and China was registered at $ 12.8 billion during the...

Overall 13.38pc growth: K-E earning soars by 80pc to Rs3.14b in 1QFY14-15

KARACHI: The K-Electric profit rose by 80 per cent to Rs 3.14 billion during first quarter of the current financial...

Rs17b relief in next month billing: Rs2.92 per unit cut in power tariffs likely

ISLAMABAD: The Central Power Purchase Agency (CPPA) has sought Rs2.92 per unit reduction in the fuel based power rates for all...

Interest payment on domestic debt crosses Rs1 trillion; yield on PIBs cut by 30pc

KARACHI: The amount of interest payment by the government on domestic debt has crossed Rs1 trillion during Fiscal Year 14....

ISO 22000: Customers’ trust can be boosted thru Food Safety System

LAHORE: By the compliance of Food Safety Management System or international standard of ISO 22000, companies can provide trust to...

Project to benefit 600,000 farm-households: WB okays additional $138m for SWSIP

ISLAMABAD: As part of Sindh Water Sector Improvement Project (SWSIP), the World Bank approved $138 million additional financing to improve...

Only Rs150 for picking 40 kg cotton in Sindh: Speakers stress 500,000 women’s role in agriculture

KARACHI: Speakers at a seminar admitted economic and health problems faced by cotton-picking women in Sindh and stressed for a...

Waseela-e-Taleem Initiative to enroll 1.5m children in primary schools of 32 districts

ISLAMABAD: Waseela-e-Taleem Initiative of Benazir Income Support Programme (BISP) will enroll 1.5 million children in primary schools of 32 districts...

YoY FDI rises from $355m to $423m, records 19% growth in 5 months: SBP

ISLAMABAD: The Foreign Direct Investment (FDI) soared to $423 million against $355 million in the previous year, showing a growth...

148 deaths in Peshawar: Emirates Airline suspends flight to city

byCustoms Today Report

ISLAMABAD: At least one International carrier Wednesday suspended its operations from Peshawar after a terror attack in the City that...

ADB approves $42.9 million loan for farmlands and non-cultivated lands of FATA

MANILA: The Asian Development Bank (ADB) has approved a loan of $42.9 million to provide reliable irrigation for farmlands and...

Shortfall of 4,000-6,000MW calls for using alternate energy sources: Senate chairman

ISLAMABAD: Senate Chairman Syed Nayyer Hussain Bokhari has said that solar energy can bring about a revolution in the energy...

Govt to spend Rs 2.80 billion on 18 energy projects

ISLAMABAD: Government has decided to spend 2.80 billion on eighteen ongoing development projects in energy development sector to overcome its...

Emirates suspends Peshawar flights on 148 killings by Taliban

KARACHI: International carrier Emirates announced that it is halting flights in and out of Peshawar "until further notice". In a...

No option but to supply gas to textile: Afridi

FAISALABAD: The government has been working on war-footings to bridge huge gap between demand and supply of gas and a...

6-month moratorium by SBP: Askari, Sindh banks allowed diligence of KASB Bank

KARACHI: Following imposition of a six months moratorium over failure to meet its mandatory financial requirement, the State Bank of...

Load management: PM stresses tapping of alternate energy sources, shifting GENCOs & IPPs to natural gas