Business

KARACHI: The National Bank of Pakistan (NBP) on Monday signed an MoU with Master Motors to provide commercial vehicles to...

$15 billion foreign reserves by end of Dec 31, claims Dar

ISLAMABAD: Finance Minister Ishaq Dar has said that foreign currency reserves will be increased up to $15 billion till December...

Rs10/kg cut in LPG price takes Karachi rate to Rs110, Lahore rate to Rs125

KARACHI: Liquefied Petroleum Gas (LPG) prices have been cut by Rs 10 per kg after slide in the prices of...

PM Nawaz appreciates Dar for strengthening rupee

ISLAMABAD: Prime Minister Nawaz Sharif has lauded Federal Finance Minister Ishaq Dar’s efforts for strengthening Pakistani Rupee against US dollar....

MDTF: WB says $31m of $44m spent on five Fata projects

PESHAWAR: The World Bank has so far spent $31 million out of total $44.95 million committed for five development projects...

Pesco serves power disconnection notices to KP depts

PESHAWAR: The financial constraints have forced Peshawar Electric Supply Company (Pesco) to serve electricity supply disconnection notices to provincial departments....

Planting delay in South America, strong demand up US soybean

SINGAPORE: Buoyed by a slower pace of planting in South America and expectations of strong demand, US soybeans edged higher...

Rupee strengthening, high mark-up rate down bedwear exports by 20pc in 1st Q1

KARACHI: Crippling energy crisis coupled with appreciation in the value of rupee pushed the bedwear exports down by 20 percent...

Nawaz seeks German, British investment in energy, agri sectors after $42b China pacts

BERLIN: Prime Minister Nawaz Sharif, after singing different agreements and Memorandums of Understanding (MoUs) worth $42 billion in China, has...

Railways target up 10.714% from Rs 28b to Rs 31b, to get 70 locos, NLC agreement on Nov 14

LAHORE:In an important milestone, Railways target has risen 10.714% from Rs 28 billion to Rs 31 billion and will get get...

KP Mines Association seeks lifting of ban, renewal of licences

PESHAWAR: The provincial government of Khyber Pakhtunkhwa did not lift ban on mining activities and renewal and issuance of mining...

Rice exporters ask TDAP for higher China quota from 0.5m to 0.75m tonnes

LAHORE: The export of Pakistani rice to China is limited due to quota restrictions in China. It should be enhanced...

Govt introduces welfare projects thru commercial use of Railways land

LAHORE: A senior official of Punjab government has said that the provincial government has decided in principle to get opportunities...

Army chief opens USAID funded 76kms road to complete 705kms route for Pak-Afghan trade

PESHAWAR: Zarb-i-Azb military operation is progressing and the army will continue its rehabilitation and reconstruction activities successfully, said Army chief...

APCNGA flays SNGPL for closing CNG stations in Punjab

LAHORE: All Pakistan CNG Association (APCNGA) Chairman Pervaiz Khan Khattak has flayed the decision of Sui Northern Gas Pipelines Limited...

IMF to issue $1.1b to Pakistan under $6.6b Extended Fund Facility

DUBAI: The International Monetary Fund (IMF) expresses its mission is to hold fruitful discussions with government and central bank officials...

Shortage forces SNGPL to stop scheduled supply to CNG stations