KSE-100 accumulates 1,600 points in week
ISLAMABAD: Bullish sentiments ruled the Pakistan Stock Exchange (PSX) during the outgoing trading week, lifting the KSE-100 Index by 1,600 points to 35,978.16...
NASA unveils its first electric airplane
NASA, most prominent for its many Florida-launched exploits into space, showcased an early version of its first all-electric experimental aircraft, the X-57...
Alibaba hires more banks on up to $15bn listing
HONG KONG: Alibaba has extended its investment banking syndicate as it works towards a $10 billion to $15 billion listing in Hong...
LSE holds int’l conference on CPEC
Lahore School of Economics (LSE) on Saturday hosted its first International Conference on "Language Policy in International Agreements: The Asian Experience with...
Gas companies seek up to 31pc tariff hike
ISLAMABAD: Two state-owned gas utilities – Sui Northern Gas Pipelines Limited and Sui Southern Gas Company Limited – have asked the Oil...
Moody’s cuts India’s outlook to negative
BENGALURU: Moody's Investors Service has cut India's ratings outlook to "negative" from "stable", citing increasing risks that Asia's third-largest economy will grow...
Signs of improvement start to appear in PIA: CEO Arshad Malik
KARACHI: Chief Executive Officer (CEO) Pakistan International Airline (PIA) Air Marshal Arshad Malik in a video message on Friday, said that the...
OGRA, Petroleum Division in row over new CNG licenses
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) and the Petroleum Division are entangled in a serious tiff over the issuance of...
Industrial sector gets lower power tariffs
ISLAMABAD: The government has approved a package for electricity supply mainly to the industrial sector at a flat rate, which will be...
Bangladesh to import onions from Pakistan after 15-year hiatus
KARACHI: Pakistan has received the first onion export order of more than 300 tons from Bangladesh after nearly 15 years of recess...
Ikram Sehgal ‘withdrew assent’ for K-Electric power plants before resignation
KARACHI: Former Director and Chairman of the K-electric board, Ikram Sehgal, withdrew his assent from the electricity generation company's latest projects just...
Pakistan meets all performance criteria for end-September with comfortable margins: IMF
ISLAMABAD: The International Monetary Fund (IMF) and the local authorities have finally reached a staff-level agreement after the lending agency concluded its...
Pakistan maintains its MSCI emerging markets status
KARACHI: Pakistan successfully maintained its emerging market status in the semi-annual index review for the Morgan Stanley Capital International (MSCI) equity indexes...
Govt urged to withdraw Rs.1.82 per unit power tariff hike
ISLAMABAD: The Islamabad Chamber of Commerce & Industry (ICCI) has called upon the government to withdraw the Rs.1.82 per unit power tariff...
Committees formed to recommend on FBR’s restructuring
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Friday constituted three high level consultative committees to make proposals on restructuring...