Global Markets: Asia’s Covid control tempers global stock selloff, US futures jump
SINGAPORE: Asia’s stock markets fell on Thursday, but without the panic selling seen in Europe and the United States, while U.S. futures...
Oil extends losses on renewed coronavirus lockdowns, over-supply worries
SINGAPORE/MELBOURNE: Oil prices fell on Thursday, extending a 5% slump in the previous session, as governments’ renewed restrictions to curb a second...
FBR detects anonymous transactions in sugar mills’ accounts
ISLAMABAD: The Federal Board of Revenue’s (FBR) Benami Office has transactions of billions of rupees during its scrutiny of Hunza Sugar Mills and...
New gas pipeline to be laid with Russian cooperation: Omar Ayub
HYDERABAD: Federal Energy Minister Omar Ayub on Wednesday announced that Pakistan is planning to lay down a new gas pipeline with the...
CM Murad inaugurates Kalidas Dam in Nagarparkar
KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Wednesday inaugurated Kalidas Dam in Nagarparkar.
Addressing the inauguration ceremony, Murad Ali Shah said,...
9M2020: BOP reports before tax profit of Rs10bn
A meeting of the Board of Directors of The Bank of Punjab was held on Thursday to consider and approve the unaudited...
Pakistan Post reverts back to manual ledger system
ISLAMABAD: Pakistan Post has reverted back to manual ledger system from digital transactions due to its non-functional Centralised Software Solution (CSS).
Sources revealed...
FBR, CAP sign accord for efficient integration of Point of Sales
LAHORE: A Memorandum of Understanding (MOU) has been signed between the Federal Board of Revenue (FBR) and the Chainstore Association of Pakistan...
NEPRA likely to approve Rs1.36 per unit hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is likely to jack up electricity price by Rs1.36 per unit under fuel price...
Shell Pakistan posts Rs1.8bn profit for Q3 2020
The Board of Directors of Shell Pakistan Limited on Wednesday announced the company’s financial results for the third quarter ending September 30,...
Lack of coordination between Centre, provinces hampering CPEC progress
ISLAMABAD: A parliamentary committee on Wednesday observed that the lack of coordination between centre and provinces was hampering the progress on China-Pakistan...
Zulfi Bukhari breaks ground for five-star hotel in Chitral
National Tourism Coordination Board (NTCB) Chairman Sayed Zulfikar Abbas Bukhari on Wednesday performed the groundbreaking of a five-star hotel in Chitral to...
Indus Motor’s profit increases 40pc to Rs1.85bn in 1QFY21
The Board of Directors of Indus Motor Company (IMC) on Wednesday released its financial results for the first quarter ended September 30,...
Soneri Bank’s nine-month profit rises 49.5pc to Rs1.81bn
The Board of Directors of Soneri Bank Limited, in its 181st meeting held on Wednesday, approved the bank’s condensed interim financial statements...
FBR seals Jazz’s Islamabad office over non-payment of taxes
ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday sealed an office of the Pakistan Mobile Communication Limited (PMCL) due to non-payment...