PM launches Rs42.65bn interest-free loans, skill training scheme for poor

--‘Govt will divert all the money coming from the sale of Benami properties to anti-poverty initiative’ ISLAMABAD: Prime Minister Imran Khan Friday launched...

‘Policy being formalised to tap shale gas, oil potential’

ISLAMABAD: The government is in the process of finalising a policy to exploit massive shale gas and oil reserves that were identified...

K-Electric posts Rs10.4bn profit for FY17

The Board of Directors of K-Electric Limited has approved the company’s financial results for the year ended 30 June 2017, a private...

Senate body decries delay in completion of Balochistan projects

--Senator Kauda Babar Baloch says there is only one rule in Balochistan, ‘either FWO will get the contract, or there will be...

‘Reward for whistleblowers of Benami properties to be increased from 3 to 10pc’

ISLAMABAD: Prime Minister Imran Khan said on Friday that the reward money for the whistleblowers, helping the government authorities in the detection...

Torkham border to be fully functional by Aug 1st: FBR official

PESHAWAR: Pak-Afghan border at Torkham will be fully functional from August 1st, while the gates of Mohmand and Chitral borders will be...

Egypt raises fuel prices in line with IMF rules

--It is the fifth and final hike in petrol prices as Egypt prepares to receive the last $2bn tranche from IMF CAIRO: Egypt...

PIA starts London to Sialkot flights

Pakistan International Airlines (PIA) will run Sialkot-London-Sialkot from 10th of September this year, a private media house reported on Friday. Initially, this route...

Western media’s CPEC report based on ‘distorted facts’: ministry

Ministry of Planning, Development and Reform has clarified a news article carried by some sections of international media titled ‘IMF won't stop China from...

Aviation Division to spend Rs1.26bn on airports’ uplift

ISLAMABAD: The Aviation Division will spend around Rs1.26 billion on the up-gradation of various airports of the country in the current fiscal...

PM stresses concrete measures to curb smuggling at Pak-Iran border

ISLAMABAD: Prime Minister Imran Khan on Friday stressed the need for Pakistan and Iran to take concrete measures against smuggling and ensure more business...

Bears in control as KSE-100 sheds another 380 points

KARACHI: Bearish sentiments surrounded the Pakistan Stock Exchange (PSX) on the last trading session of the week, as indices bled all day...

ADB approves $235m loan for Karachi’s BRT

The Asian Development Bank (ADB) has approved a $235 million loan to help develop Karachi’s Bus Rapid Transit project. According to a statement issued...

India raises tariffs on imports, taxes for super rich

NEW DELHI: Indian Prime Minister Narendra Modi’s government raised import tariffs on nearly 75 items, including gold and automobile parts, in its...

SBP reserves drop 0.13pc despite Qatar aid

The foreign exchange reserves held by the central bank decreased by 0.13pc on a weekly basis, despite receiving $500 million in inflows from Qatar,...