Punjab govt re-inaugurates OLMT test run
Minister says project will help save Rs15bn annually
HBL to increase focus on digitisation; hopes to lower cost-income ratio
KARACHI: Habib Bank Ltd (HBL) on Tuesday gave an update on its recent financials and bank outlook in a corporate briefing to investors.
Leading...
IMC chief sees auto sector growth in next quarter
'Sales had suffered owing to govt's drive for documentation of industry'
New York judge sides with Exxon Mobil in climate fraud case
NEW YORK: A New York judge sided with Exxon Mobil Tuesday in a closely watched environmental case, concluding the oil giant did not...
SCCI, SMEDA to expedite work on business facilitation centre
PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) and the Small and Medium Enterprises Development Authority (SMEDA) have expedited their efforts...
Govt to establish more technology parks, says Awan
ISLAMABAD: Special Assistant to PM on Information and Broadcasting Firdous Ashiq Awan on Tuesday said the government is determined to establish more technology...
Customs team confiscates pomegranates shipment worth millions
ISLAMABAD: A Customs Intelligence team has confiscated a huge quantity of smuggled pomegranates at Torkham customs-station.
According to details, Customs Intelligence-Peshawar seized 14.11 metric...
Oil prices drop as trade war concerns haunt market
LONDON/SINGAPORE: Oil prices slipped for a second straight day on Tuesday as a slowing global demand outlook outweighed OPEC’s deal with associated...
Weekly inflation falls 0.83pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the combined consumption group (as on December 5) decreased by 0.83pc as compared to...
Car sales plunge 44pc in November
ISLAMABAD: The sale of cars in November 2019 plunged by 44.4pc to 8,524 units, as against the sale of 15,334 units in the...
Govt approves merger of 19 state-owned entities, dissolution of five
ISLAMABAD: In an apparent bid to introduce institutional reforms and to reorganise various institutions/organisations, the government has approved the merger of 19...
KSE-100 rises 221 points in volatile session
KARACHI: The battle between bulls and bears continued for the second consecutive session on Tuesday, with the former managing to close on top.
Foreign...
NEPRA imposes Rs50m fine on KE over failure to maintain safety standards
A fine of Rs50 million has been imposed on Karachi Electric Limited (KE) after the National Electric Power Regulatory Authority (NEPRA) found...
Nishat Chunian, NC Electric merger or acquisition approved
LAHORE: In a notice sent to the Pakistan Stock Exchange (PSX), Nishat Chunian has declared the results of a recently held meeting of...
PSX to implement Equity Index Circuit Breaker to avoid panic selling
LAHORE: Pakistan Stock Exchange (PSX) has announced plans to implement a circuit breaker from the start of next year to help avoid...