Business

ISLAMABAD: The US EXIM Bank and Islamic Development Bank (IDB) have given the Citi Bank $120 million for overhauling the...

KSE maintains upward momentum; 100-index adds 347pts to take tally to 30952

byMati ur Rehman

KARACHI: Bull-run kept stocks continued upward march as benchmark KSE 100-index extended gains, adding another 346.66 points or 1.13 per...

London police arrest MQM’s Muhammad Anwar on suspicion of money-laundering

Karachi: Scotland Yard arrested member of Muttahida Qaumi Movement (MQM), political party, on Wednesday on suspicion of money-laundering in London....

From Rs114 to Rs160: Industries Dept issues notification of new ghee, oil prices

LAHORE: Acting on the directives issued by Chief Minister Shahbaz Sharif, Provincial Secretary Industries Naseem Sadiq has issued the notification...

26 development projects worth Rs275.56 billion approved

ISLAMABAD: The Central Development Working Party (CDWP), under the chairmanship of Planning Minister Ahsan Iqbal, has approved 26 development projects...

Pakistan builds first LNG terminal in record time of 335 days with $135 million

ISLAMABAD: The first state of the art Liquefied Natural Gas (LNG) terminal was built at a cost of USD 135...

170 mmcfd already inserted: Abbasi says to inject 200mmcfd LNG into national gas network from today

ISLAMABAD: Federal Minister for Petroleum Shahid Khaqan Abbasi has said that the 200 mmcfd of imported Liquefied Natural Gas (LNG)...

170 mmcfd out of 3000 mmcfd imported LNG added to gas supply system: Abbasi

byshahzad hafiz

ISLAMABAD: Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi has said that the imported liquefied natural gas (LNG),...

25% or $4b textile exported without converting into garments: Govt accused of withholding TUFS notifications

LAHORE: All Pakistan Textile Mills Association (APTMA) Chairman SM Tanveer has said that the federal government has withheld the notifications...

Prices of imported wheat up by Rs100 to Rs1,300 per 40kg

LAHORE: Chief Minister Shahbaz Sharif has said that the provincial government has decided to increase the price of imported wheat...

Pakistan receives IMF’s 6th tranche of $500m

ISLAMABAD: Under the International Monetary Fund’s programme to support Pakistan’s economy, State Bank of Pakistan (SBP) has got sixth tranche...

Number of call centres up by 12%: IT exports increase 35% in first 8 months of FY2014-15, nearing $500m

ISLAMABAD: The country’s IT sector has witnessed a huge growth in exports, which have increases by 35 per cent during...

Cotton prices increase as 8000 bales changed hand between Rs4700-Rs5450

KARACHI: High demand of commodity has caused increase in cotton prices in local market, however, the official spot rate was...

3,000km corridor among over 2 dozens pacts to be signed: China’s Xi likely to visit Pakistan on April 10

BEIJING: Chinese President Xi Jinping is expected to visit Pakistan next week to further boost the friendly ties between the...

1-5 million tons production capacity: Russia willing to renovate Pakistan Steel Mills: Ambassador

ISLAMABAD: Russia is ready to renovate Pakistan Steel Mills, however, the Pakistani government should decide whether to modernise the PSM...

GST on HSD reduced to 32%: Petrol price increased by Rs4/litre to Rs74.29, diesel by Rs3 to Rs83.61

ISLAMABAD: In wake of Yemen conflict, the federal government has increased the price of petroleum products from today (April 1)....

Rice export may touch $4b target if serious efforts made: President Mamnoon

ISLAMABAD: President Mamnoon Hussain has said if serious efforts are made, Pakistan can achieve the rice export target of $4...

3-day workshop on INDCs by Lead-Pakistan, WWF: Mushahid terms climate change the biggest challenge

ISLAMABAD: Federal Minister for Climate Change, Senator Mushahid Ullah Khan said that global warming, which continues to unleash devastating impacts...

Kuwaiti businessmen keen to make investment in Pakistan