K-Electric appoints Shan Ashary as board chairman
K-Electric has announced the appointment of Shan A Ashary as the new chairman of its board, effective from Sept 7th, said a...
Belgium keen to capitalise on Pakistan’s investment potential: envoy
ISLAMABAD: Ambassador of Belgium to Pakistan Philippe Bronchain has said that his country was interested in making investments in Pakistan, as it...
19 luxury vehicles impounded by FBR over ‘suspicious’ documents
The Federal Board of Revenue (FBR)’s Benami Zone, responsible for investigating anonymous accounts and unregistered wealth, has impounded 19 luxury cars, including...
Indian economy projected to contract 11.8pc YOY: Fitch
NEW DELHI: India’s economy is projected to contract 11.8pc on the year in the current fiscal year beginning from April, before bouncing...
Stocks lose 310 points on late selling
KARACHI: Indices of the Pakistan Stock Exchange succumbed to bearish momentum on Tuesday, with the benchmark index closing in the red despite...
Oil slides over 3pc to lowest since June on demand fears
LONDON: Oil slid more than 3pc towards $40 a barrel on Tuesday, its 5th session of decline, pressured by concerns that a...
Govt’s negligence leading to lower exports: FPCCI
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concern over the declining trend in exports, which...
Wall Street, China getting closer despite tensions in tech industry
BEIJING: Although tensions between the United States and China in technology industry continue to grow, 'Wall Street and China are getting closer',...
Federal govt wants private sector to partly fund Karachi development package
LAHORE: Fiscal constraints obstructing the recently announced Rs1.1 trillion development package for Karachi are reportedly going to be sorted with the private...
Rupee depreciates in early trade
KARACHI: The value of Pakistani Rupee depreciated by 11 paisas during the early trading hours on Wednesday and is currently being traded...
Asad shares funds detail for Karachi uplift projects
ISLAMABAD: Sharing the details of funds to be spent on Karachi uplift projects under the Karachi Transformation Plan, Planning and Development Minister Asad...
PM reiterates resolve for early legislation on FATF-related bills
ISLAMABAD: Prime Minister Imran Khan has reiterated his resolve for early legislation on Financial Action Task Force (FATF)-related bills.
The prime minister said...
Work on 10,870MW hydel projects underway in Punjab: minister
LAHORE: Punjab Information Minister Fayyaz-ul-Hassan Chauhan has said that cheap energy mix based on local resources is the best solution to the...
Cabinet likely to take important decision on establishment of LNG terminals
ISLAMABAD: The federal cabinet is likely to take a decision regarding the establishment of two new Liquefied Natural Gas (LNG) terminals at...
Provinces, ICT asked to step up efforts against profiteering
NPMC observes variation in prices of essential items across the country