Business
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4.7m families to get Rs21b thru BISP, 366,000 deprived due to 13.5% short fall
ISLAMABAD: The government has released Rs21.3 billion to as many as 4.7 million deserving families through Benazir Income Support Programme...
100MW Gulpur Hydropower Project: PPIB prepares security package for power projects
ISLAMABAD: The Private Power and Infrastructure Board (PPIB), under the supervision of Secretary Water and Power Muhammad Younas Dhaga, has prepared...
Rs51b burden likely on gas consumers: Ogra working out new tariff mechanism under ECC guidelines
ISLAMABAD: Gas-starved consumers are likely to bear the burden of more than Rs51 billion as the Oil and Gas Regulatory...
Rs0.5m per family: Relatives of Baldia factory fire victims protest for compensation
KARACHI: The relatives of the Baldia factory fire victims have protested for the compensation announced by the government and others....
Agri loans soar to Rs290.35b from Rs257b: Govt sets Rs500b target for FY14-15
KARACHI: The agriculture loans have soared up from Rs257.09 billion to Rs290.35 billion at the end of fiscal year 2013...
Rs0.5m per family: Relatives of Baldia factory fire victims protest for compensation
KARACHI: The relatives of the Baldia factory fire victims have protested for the compensation announced by the government and others....
Chinese firm takes up 24.36% stake in Rs19.3b Masood Textile Mills by purchasing 14.6m shares
KARACHI: Shanghai Challenge Textile Company Limited, a Chinese firm, has taken up 24.36pc stake in Masood Textile Mills Limited (MSOT)...
Rs2.32/unit tariff cut: Altaf urges PM to make K-Electric pass on relief to public
KARACHI: Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has urged Prime Minister Nawaz Sharif to order the K-Electric management to...
Shanghai Challenge Textile to purchase 24% shares of Masood Textile
KARACHI: China has decided to invest in Pakistan textile industry and will purchase 24 percent shares. The companies of Pakistan...
609 officers, 1193 workers to retire in 2015: 315 PSM employees not paid 6-month salary
KARACHI: As many as 315 contractual employees of Pakistan Steel Mills (PSM) have not been paid salaries for the last...
Exports decrease due to energy crisis, political impasse
KARACHI: The government's efforts to enhance exports have failed due to energy crisis and current political impasse. Despite GSP Plus...
Rs200,000 fine: CDA nails several for tree cutting
ISLAMABAD: The Capital Development Authority (CDA) Environment Wing has launched a vigorous crackdown on illegal cutting, transportation and its sale...
Miscreants blow up 20-inch gas pipeline, gas supply to Karachi, interior Sindh suspended
KARACHI: Unidentified miscreants blew up a 20-inch diameter gas pipeline in Gobpat area of Sui in Dera Bugti district, bring...
Brent crude, WTI tumble to 5-year low as OPEC refuses to cut output
NEW YORK: Brent crude and WTI have turned sharply after tumbling to fresh 5-1/2 year lows overnight on OPEC's announcement...
Non allotment of plots to 5000 allottees of sector E-12 protest
ISLAMABAD: Non allotment of plots to 5000 allottees at sector E-12 has caused embarrassment among them. Member of National Assembly...
CDA to initiate development work in sectors I-12, I-15 by Feb 2015
ISLAMABAD: Capital Development Authority (CDA) has decided to initiate development work in sectors I-12 and I-15 at federal capital. Sources...
Minister approves 2.5km gas pipeline worth Rs15m for Morgah Kotha Kalan
RAWALPINDI: New gas pipeline costing Rs 15 million has been approved for UC-Kotha Kalan and Morgah has been approved. This...
FIA nabs 7 suspects involved in human trafficking
KARACHI: The Federal Investigation Agency (FIA) disclosed that it has arrested seven suspects involved in human trafficking, while the deputy...
Belarusian envoy ask Sialkot exporters to capture EU, Russian markets
SIALKOT: Ambassador of Belarus in Pakistan Andrei Ermolovich has offered the direct easy and hurdle-free trade access to Sialkot exporters...
27 profiteers fined, five arrested in Karachi
KARACHI: The Karachi administration launched a crackdown on profiteers and fined 27 shopkeepers Rs 32,000 for overcharging. Similarly five shopkeepers...
