ADB announces new $1.2 bn annual package for Pakistan
KARACHI: The Asian Development Bank said Tuesday it has approved a new assistance programme for Pakistan worth $1.2 billion annually, to improve infrastructure and...
KSE-100 index plummets by 1,400 points as investors panic
KARACHI: Panic selling led to a major drop in the benchmark index of the Karachi Stock Exchange (KSE) on Monday. The KSE-100 Index went...
Dollar crosses Rs104 in interbank market
KARACHI: The exchange rate of US dollar in the interbank market appreciated by Rs2.10 on Monday to reach a 17-month high of Rs104.10. The...
Khurshid calls for Rs12-15 cut in oil prices
SUKKUR: Leader of the opposition in the National Assembly, Syed Khurshid Shah Saturday said that in light of falling oil prices in the international...
Oil, gas reserves found in Sanghar
SANGHAR: Oil and gas reserves have been found in Sanghar, district of Sindh. Pakistan Petroleum has started extracting oil and gas from the wells....
Oil prices slide further in Asia
Singapore: Oil prices resumed their decline in Asia Monday as a global glut of crude supplies showed no signs of abating in the face...
India ready to pay $1.4bn in oil dues to Iran
NEW DELHI: Indian refiners have been told to prepare to pay Iran $1.4 billion in oil dues, two sources with knowledge of the issue...
Shanghai shares down 1.19% in morning trade
SHANGHAI: Shanghai shares fell 1.19 percent on Wednesday morning after China cut the value of its yuan currency against the US dollar for a...
Saudi Mansour Al Mosaid wins NPCC bidding
ISLAMABAD: Saudi company Mansour Al Mosaid on Tuesday won the privatization bidding of National Power Construction Company (NPCC). Saudi bidders Mansour Al Mosaid offered...
FBR announces deadlines for filing tax returns
ISLAMABAD: Federal Board of Revenue (FBR) has announced August 31 as last date for salaried persons and September 30 for non salaried persons to...
