Business

State minister says 11,514MW to be added to the system by June 2018

With new discovery, company’s production is likely to go up by 25%

Federal secretary pacifies stakeholders, says pending claims would be settled soon

Diesel sales also rise, but furnace oil consumption falls

Official says CPEC’s toll tax can be ‘three times more than the current national budget by 2030’

Ban was specifically placed to reduce import bill, but Cabinet Committee on Energy gives province a waiver

Tells Senate panel bank later decided not to challenge US panel to avoid risks

Benchmark KSE-100 index falls 654.78 points or 1.59% to settle at 40,461

FBR collects Rs482.2b as indirect collection, overall revenue stands at Rs757.2b

Domestic demand due to robust construction activities responsible for the increase

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

PBIF chief stresses formulating long-term policy for protecting investments

Scientists were carrying out research to increase production of high nutritional value fodder crops

Load-shedding will come to an end with the start of new plants

300 locomotives will be inducted with help of IDB financing in span of 7 years

Country can learn a lesson or two from Chinese counterparts in adopting technology

Ambassador advises businessmen to take full advantage of GSP Plus by diversifying exports

Draft is available on website for public consultation

Event will promote use of technology in all aspects of life

NEPRA finds fake statements about duration of outages, consumer complaints

Institution agrees to provide support for integrated BRT system in Karachi

Benchmark index falls 903.12 points or 2.15% to settle at 41,115.78

Brokerage houses believe central bank has failed to point out issues on external account front

Government of Lebanon is keen to learn, benefit from Pakistan’s experience in CPEC

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20%

Government has also relaxed rules for import of textile machinery

Tourism major sector contributing to the country’s overall growth

Murad Ali Shah wants province to have its own gas distribution company

Official claims Pakistan’s rank has gone up on human development indicators

Now, relevant depts can approve development schemes worth over Rs30m each

System expected to become operational by Dececmber 31, agreement signed by SBP, FBR and 1Link 

Apart from CPEC projects, spending on development schemes slows considerably

Massive increase in prices of essential commodities leads the increase

Benchmark KSE-100 index falls 390.37 points to settle at 42,018.90

'This is a hugely distressing situation for British holidaymakers abroad'

Finance ministry issues assurances to cover debt of loss-making state-owned entities

Officials say govt should launch effective programmes to address issue

Benchmark index declines 341 points to settle at 42,409

'No one can obstruct the progress of China-Pakistan Economic Corridor'

Suspension of cellular services causes massive inconvenience to public; businesses suffer

Net buying stands at 15-month high, amounts to over $28 billion in September

Study reveals services sector performed better in 2016

Government also increases prices of LDO and kerosene oil by Rs2 and Rs4 respectively

Before being outsourced the four trains were generating Rs1.761 billion

International Monetary Fund has repeatedly said that Pakistan’s rupee is overvalued by 5-20 per cent

Average prices of 13 items rose in a selected basket of goods

Pakistan has to fund the current fiscal deficit more via domestic borrowing with declining external borrowing

'It is also a positive indicator of the improved security situation in K-P'

Move comes after several unproductive meetings with concerned stakeholders

Revenue stands at Rs753b for Jul-Sept, authorities expect Rs8b more quarter-end