Govt moves summary for revival of Tuwairqi Steel Mills
ISLAMABAD: Amid serious reservations of the local steel industry, the government has planned to revive Tuwairqi Steel Mills Limited (TSML), as a...
Stocks extend rally; index up 583 points
KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Thursday as indices rallied right from the beginning while volumes improved...
Govt not to renew agreements with IPPs, NA body told
'Govt-owned power plants that are producing electricity on a higher rate will also be shut down within two years'
Pakistan spent Rs87.6bn in four years to ‘bailout’ PSM
ISLAMABAD: As the governments of Pakistan Muslim League Nawaz (PML-N) and Pakistan Tehreek-e-Insaf (PTI) have failed to decide about the fate of Pakistan...
ECC approves Rs30bn grant for sales tax refunds to exporters
ISLAMABAD: The Economic Coordination Committee (ECC) on Wednesday approved a technical supplementary grant of Rs30 billion for the FBR Refund Settlement Company...
AEDB, stakeholders discuss bidding process for wind projects
ISLAMABAD: A consultative workshop was organised by the Alternative Energy Development Board (AEDB) to discuss with the public and private sector stakeholders...
TDAP formulating strategy to facilitate exports: CEO
KARACHI: The Trade Development Authority of Pakistan (TDAP), in consultation with various stakeholders, was formulating an export strategy which would soon be submitted...
PM calls for public-private partnerships to boost growth
ISLAMABAD: Prime Minister Imran Khan on Wednesday directed the officials concerned to form partnerships with the private sector for the execution of...
FPCCI laments decline in private sector credit
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Engr Daroo Khan Achakzai has shown his serious concern over the decline...
KSE-100 rises 327 points in volatile session
KARACHI: It was a partly cloudy day at the Pakistan Stock Exchange (PSX), as the indices remained volatile throughout the trading session...
Power sector losses swell to Rs430bn in one year
ISLAMABAD: The Power Division has so far failed to control the power sector losses, which increased to Rs430 billion in the financial...
Karandaaz to help SBP set up micropayment platform
On the second day of the two-day Pakistan Innovative Finance Forum, the State Bank of Pakistan (SBP) and Karandaaz signed an agreement...
‘US manipulating public opinion by propagating against CPEC’
LAHORE: China is unquestionably the world’s next superpower and its growth rate will soon surpass USA's annual growth rate while the western media...
Pakistan, World Bank sign $787m loan agreement
ISLAMABAD: Pakistan on Tuesday signed a loan agreement worth $787 million with the World Bank to revamp water supply and sewerage system...
Former PSO MD granted bail in LNG terminal case
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday approved the post-arrest bail of former Pakistan State Oil (PSO) managing director Sheikh Imranul Haq...