Thursday, December 2, 2021

Business

36% increase in loans for housing and construction

Karachi: The portfolio of construction loans has finally increased from Rs 148 billion in June 2020 to Rs 202 billion by March 2021. The State...

Good News : Possibility of reduction in electricity prices

ISLAMABAD: Electricity prices are likely to be reduced in the wake of the March fuel price adjustment. The hearing in NEPRA has been completed to...

Sugar scandal : Punjab Minister Mian Aslam Iqbal summoned in NAB

RAWALPINDI: The National Accountability Bureau (NAB) has summoned Pakistan Tehreek-e-Insaf (PTI) leader and Punjab Minister for Industry and Commerce Mian Aslam Iqbal to probe...

Cotton yarn should be allowed to be imported, NKATI

KARACHI: NKATI President Faisal Moeez Khan has once again requested the government to allow the import of cotton yarn. Faisal Moeez Khan, president of the...

People are forced to buy sugar at Rs 110 per kg

Lahore: Despite government claims, sugar is not available in the market at fixed prices to the common man and that is why there is...

UAE extends the date of loan return

The United Arab Emirates has extended the repayment of a 2 billion loan to Pakistan. Foreign Minister Shah Mehmood Qureshi has met his UAE counterpart...

No dictation was given to Pakistan on SBP sovereignty, IMF representative

Islamabad : IMF spokeswoman Teresa Dubin Sanchez says the third wave of Corona could consider further deferment of Pakistan's debt. Addressing a seminar through WebNar...

Tender opened for import of 50,000 tonnes of sugar

Lahore : The Trading Corporation of Pakistan (TCP) has opened a tender for the import of 50,000 tonnes of sugar. According to TCP sources, after...

Pakistan’s foreign exchange reserves increase by 2.54 billion Dollars

Karachi: According to the State Bank of Pakistan, the country's foreign exchange reserves reached 23.22 billion dollars. From April 2 to April 9, the country's...

Another major Hundi network exposed, 3 arrested

KARACHI: The Federal Investigation Agency (FIA) has arrested three accused while exposing a large Hundi network operating from Shar-e-Quaid. According to the details, the FIA...