Six Pakistani banks named in FinCEN leak
Six Pakistani banks have been named in an investigation on the role global banks play in money laundering by Buzzfeed News and...
KP CM orders to expedite work on communication sector projects
PESHAWAR: Khyber Pakhtunkhwa Chief Minister (CM) Mahmood Khan has directed the authorities of communication and works department to expedite work on all...
‘WAPDA to increase share of hydropower in energy mix’
Chairman says construction activities on strategically important Diamer-Bhasha Dam are picking up pace
Iraqi govt withdraws special permission from PIA for carrying Arbaeen pilgrims
KARACHI: The Government of Iraq has cancelled the special permission granted to Pakistan International Airlines (PIA) for operating flights to Najaf and...
NEPRA’s public hearing marred by chaos and disruption
The hearing on public complaints against Karachi's sole power supplier status was cut short by three hours, after angry citizens raised chants...
Karachi Transformation Plan put into action by Sindh govt
Adviser to Sindh Chief Minister on Information and Sindh government spokesperson Murtaza Wahab on Monday said that the provincial government has initiated...
FIA finds Rs9.5bn in bank accounts of Suleman Shahbaz’s employees
ISLAMABAD: The banking crime circle of the Federal Investigation Agency has discovered billions of rupees stashed in bank accounts of staffers of...
Stocks shed 330 points as investors turn cautious
KARACHI: Bears dominated the Pakistan Stock Exchange (PSX) on first trading session of the week, as investors preferred to stay on sidelines...
Rolls-Royce shares hit 16-year low on mooted $3 billion equity raising
LONDON: Rolls-Royce shares hit 16-year lows on Monday after the engine maker confirmed it was considering a rights issue of up to...
Mideast energy forum takes shape to promote gas exports
JERUSALEM: Seven energy ministers will sign the charter of a new Middle East energy forum that will promote natural gas exports from...
Govt efforts to recover GIDC dues come to halt
The Petroleum Division's efforts to collect outstanding Gas Infrastructure Development Cess (GIDC) dues from various economic sectors have hit a wall as...
Vehicles, goods worth Rs317m recovered in anti-smuggling drive
The Islamabad Model Customs Collectorate (MCC) has seized goods and vehicles worth Rs317 million during one month in the federal capital as...
Interest rate remains unchanged at 7pc
KARACHI: The State Bank of Pakistan, in a meeting of the Monetary Policy Committee (MPC) on Monday, maintained the country’s interest rate...
Export of leather products rises 8.39pc YoY in July-Aug
ISLAMABAD: The export of leather products during the first two months of the current fiscal year (FY21) increased by 8.39 per cent...
Textile exports plummet by 20pc MoM, imports up by 26pc MoM in Aug’20
Export earnings from the country's textile industry witnessed a decrease of 15.35pc YoY and 20.38pc MoM to stand at $1 billion in...