Business
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Trade between Pakistan, Afghanistan to be increased to $5b from $2.5b
ISLAMABAD: Pakistan and Afghanistan have agreed to enhance bilateral trade to $5 billion with next two to three years from...
22,000 bales of cotton change hands at Rs5000-5300, TCP to purchase 250,000 bales
KARACHI: Slight rate changes were witnessed in the cotton market amid moderate trading on Thursday. The official spot rate was...
1,400MW by end-Dec: USAID imparts training to PESCO, IESCO under EPP project
ISLAMABAD: United States Agency for International Development’s (USAID) Mission Director to Pakistan, Greg Gottlieb, presented the power distribution companies PESCO...
Japan to give Pakistan Rs3.2b for better sewerage, weather forecasting systems
ISLAMABAD: Pakistan and Japan have agreed to carry out two projects of disaster management and weather forecasting system worth Rs3.2...
Seed (Amendment) Bill 2014 presented in NA, Plant Breeders Bill in Cabinet: Bosan
ISLAMABAD: The Ministry of National Food Security and Research Sikandar Hayat Bosan has presented a draft policy for the seed...
Remittances up by 15pc to $6.077b in July-Oct; UAE excels in with $1.350b: SBP
KARACHI: The country got $6.077 billion remittances from July to October this year as compared to $5.275 billion it received...
Trade deficit stretches to $8.81b as exports record 6.86% decline to $7.97b in 4 months
KARACHI: Pakistan’s trade deficit has swelled by 49.37 per cent to $8.81 billion from July to October of the current...
Nawaz Sharif visits 3 countries to attract foreign investment
ISLAMABAD: Minister for Information and Broadcasting Pervaiz Rashid has said Prime Minister's visit to China, Germany and Britain will help...
Hire private guards: Top cop excuses from security to shopping mall, outlets as RCCI delegates meet him
RAWALPINDI: What is being described as inability to provide security to the business community, the city police asked the traders...
No gas for Punjab CNG stations, industries from Nov 15 to March 15
ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) is going ahead with its planned suspension of gas supply to CNG...
Water availability to up by 18pc: Balloki, LBDC upgradation to boost agriculture 15pc
KASUR: The ongoing Asian Development Bank-funded upgradation of Lower Bari Doab Canal (LBDC), which originates from century-old Balloki barrage on...
$8.81b trade deficit to plummet post peak 49.37% July-Oct on historic record 28% drop in POL prices
KARACHI: Pakistan’s trade deficit which soared 49.37 per cent to $8.81 billion from July to October would start plummeting, as...
Rate cut expectations high as SBP sets to unveil Monetary Policy on 15th
KARACHI: The State Bank of Pakistan’s (SBP) board of directors is scheduled to meet on Saturday to fine-tune monetary policy...
KP to protect Gor Khatri Complex, Mughal-era historical Gorakshanath temple
PESHAWAR: Director of Archaeology and Museums of Peshawar has decided to make a plan for saving the historical sites of...
Disinvestment shelved: Dar claims PTI, PAT sit-ins triggered slum in OGDCL shares price
ISLAMABAD: The sit-ins and street protests by the Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) triggered slump in the...
ECC allows 0.5m tonnes sugar export, imposes 20pc duty on import
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has allowed export of 500,000 tonnes of sugar and imposed 20...
50% short sale of OGDCL 313m shares: Govt blames PTI sit-ins, fate of $4b from SOEs, PIA?
ISLAMABAD: The government on Wednesday blamed PTI chief Imran Khan and PAT leader Tahir-ul-Qadri led sit-ins for scrapping of OGDCL...
Expenditures on terror war to continue next fiscal year: Finance Ministry
ISLAMABAD: Given the current security situation linked to the withdrawal of Nato forces from Afghanistan, the Finance Ministry expects increase...
Sindh to start 49.5MW wind energy project at $133m on 680 acres for 30yrs
KARACHI: Sindh Government and Sachal Energy (Pvt) Ltd signed a deal of allotting 680 acres of land to the latter...
NEPRA approves 74MW electricity import from Iran Rs9.80/unit
ISLAMABAD: NEPRA has accorded approval to extend agreement on importing 74 megawatt electricity from Iran. The agreement on import of...
