Nielsen shutters retail intelligence operations in Pakistan
LAHORE: Nielsen has reportedly shuttered its retail measurement service (RMS) business unit in Pakistan. In an internal email, Nielsen Managing Director for...
Oil slips on weak demand outlook and higher OPEC supplies
LONDON: Oil prices fell on Thursday as rising coronavirus cases dampened the demand outlook, with further price pressure from a rise in...
Rupee strengthens intraday, sources state inflow of ADB loan as reason
KARACHI: The Pakistani rupee is gaining against the USD and was trading at Rs165.04/ dollar earlier today, the highest the rupee has...
Silkbank declares pre-tax profit of Rs4.1bn for 2nd quarter of year
LAHORE: The Board of Directors (BoD) of Silkbank Ltd. on Thursday declared pre-tax profits of Rs4.1bn for the 2nd quarter of 2020.
The...
Structural reforms imperative for sustainable development in Pakistan: WB report
ISLAMABAD: The progress of key markets that regulate the allocation of productive factors like land, capital and labour in the country has...
Neelum-Jhelum project facing problems in settling debt liabilities, Senate body told
ISLAMABAD: The Senate Standing Committee on Planning, Development and Special Initiatives was informed on Wednesday that Neelum-Jhehlum Hydropower Project (NJHP) was facing financial...
FBR surpasses target, collects over Rs1tr in July-Sept quarter
ISLAMABAD: The Federal Board of Revenue (FBR) has collected more than Rs1,000 billion revenue during the first quarter (July-Sept) of the current...
PM Imran stresses use of IT services to uplift less-developed areas
ISLAMABAD: Prime Minister Imran Khan has said that information technology plays a fundamental role in uplifting less-developed areas.
The PM said this while...
Sindh govt approves land in three districts for SSGC to lay pipeline
KARACHI: The provincial cabinet of Sindh has approved the allotment of land for the Sui Southern Gas Company (SSGC) to lay a...
Work on four dams in Balochistan to be completed next year, SC told
QUETTA: The Supreme Court was informed on Wednesday that five dams have been completed in Balochistan, while work on four more under-construction...
Diesel price cut by Rs2.4 per litre; petrol rate remains unchanged
The government has decided that there will be no increase in the price of petrol for next 15 days.
According to a notification...
Sherry Rehman slams govt over record hike in public debt
ISLAMABAD: Senator Sherry Rehman, Pakistan People’s Party (PPP) Parliamentary Leader in the Senate, has slammed the federal government for failing to tackle...
FBR revises duty drawback rates for leather sector
ISLAMABAD: Pakistan Customs (FBR) has revised upwards the rates of duty drawback for the leather sector, Adviser to Prime Minister on Commerce...
OGRA increases LPG prices for October
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday increased the price of liquefied petroleum gas (LPG) by Rs3 per kilogramme...
ECC approves up to 14pc hike in gas price for commercial consumers
Committee also okays Rs20 increase in meter rent for domestic consumers