RAWALPINDI: The ministry of petroleum and natural resources has received 25 applications for setting up Liquefied Petroleum Gas (LPG) station in Rawalpindi division, out of which four have been approved.…
MUMBAI: Former Infosys chief financial officer T V Mohandas Pai and Tata Sons’ Chairman Emeritus Ratan Tata were India’s top angel investors by the number of deals they made in…
KARACHI: The Sui Southern Gas Company limited (SSGC) is planning to commence gas load shedding in those areas where gas theft is very high in Sindh and Balochistan, said SSGC…
ISLAMABAD: Yet again, the top political brass that does not pay tax, has unabashedly attempted to pull the wool over the eyes of the common man by announcing…
ISLAMABAD: Pakistan is expected to secure an agreement for the sale of the JF-17 Thunder Aircraft during Prime Minister Nawaz Sharif’s visit to Sri Lanka in the first week of…
ONTARIO: BlackBerry Ltd said it has decided to continue its operations in Pakistan as the government dropped a request for access to users’ data. The company, which has faced similar problems…
ISLAMABAD: OGRA on Wednesday has recommended the petroleum ministry to increase the price of petrol by Rs2.17 per litre for the month of January. In its summary OGRA has…
LAHORE: Pakistan imported tea worth $1.40 crore from India in the last seven months, more than the aforementioned period of the previous year. Pakistan had imported tea worth $1 crore…
TEHRAN: Asian shares rose on Tuesday despite another fall in oil prices overnight after Iran said it planned to increase exports once international sanctions are removed. The price of…
KARACHI: The annual report issued by the State Bank of Pakistan (SBP) shows that electricity production increased by only 1.6 percent in 2015, while the government reduced power subsidy by…
ISLAMABAD: Construction of Diamer-Bhasha Dam, one of the most important energy projects of the country, will start next year as government gives top priority to the project. The land acquisition…
SINGAPORE: Oil prices fell in Asia on Monday, giving up some of last week’s sharp gains as concerns of a global supply glut weighed on prices ahead of fresh US…
SUKKUR: Sugarcane growers on Saturday rejected the notification for support price of sugarcane for the season 2015-16 and announced a protest against Sindh government on sugarcane price issue, at Karachi…
ISLAMABAD: Prime Minister (PM) Nawaz Sharif is likely to announce three-year tax scheme by the start of January 2016. The proposed package is formed by Federal Board of Revenue (FBR)…
KARACHI: Ex President of Pakistan and Chairman APML General (R) Pervez Musharraf addressed a interactive session on Governance and Economy of Pakistan hosted by Pakistan's Business Friendship Council here on…
Toshiba has predicted it's annual loss of 550bn yen ($4.5bn) annual loss as it undergoes a restructuring in the wake of an accounting scandal. Troubled Japanese conglomerate , whose…
World Trade Organization (WTO) member countries have agreed to abolish subsidies on farming exports. Developed countries agreed to stop the subsidies immediately and developing nations must follow by the end…
KARACHI: Profit-booking and sector-specific news meant the benchmark-100 index caved under pressure, dropping below the 33,000-point mark once again. Foreign investors continued to offload, but news of Habib Bank Limited’s (HBL)…
Tokyo: Crude futures fell in Asian trading on Friday as fresh signs of inventory building and the Federal Reserves rate hike this week kept prices under pressure amid a global…
ISLAMABAD: The National Bank of Pakistan is going to take another hit on its profit, as it is unlikely that the entity will be able to recover the entire Rs12 billion…
DUBAI: Dubai Islamic Bank Pakistan Limited (DIBPL) one of the fastest growing Islamic Banks in Pakistan has been awarded “Best Islamic Retail Bank in Asia” by the CPI Financial in Dubai, UAE.
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