Business

British airline increases flights for Pakistan

KARACHI: British airline Virgin Atlantic has announced to increase its flights to Pakistan, operating nine flights in a week from Islamabad and Lahore. According to details, Virgin Atlantic will be operating five two-way flights from Lahore. From Lon...

IMF programme to bring economic stability: Miftah Ismail

KARACHI: Minister for Finance and Revenue Miftah Ismail said that macro-economic stability will come along with International Monetary Fund (IMF) programme resuming, which is expected to be finalised by end of August as all conditionalities have been...

PM directs to submit inquiry report on amount received under FAC

ISLAMABAD: Prime Minister Shehbaz Sharif directed authorities concerned to complete comprehensive planning for completion of all low-cost solar power projects on priority basis. Chairing high level meeting on solar initiatives across country here ye...

Imran traded IIOJK freedom struggle in exchange with prohibited fundings

KARACHI: Sindh Energy Minister Imtiaz Ahmed Sheikh on Wednesday said that Pakistan Tehreek-i-Insaaf Chairman Imran Khan traded the freedom struggle and the right to self-determination of Occupied Kashmir in exchange for the prohibited funding from th...

Ahsan Iqbal predicts improved economy as rupee recovers

NAROWAL: Federal Minister for Planning and Development Ahsan Iqbal said value of rupee is recovering fast against dollar and economy will improve in next few months. "Government's first priority is to stabilise country's economy and all institutions...

President MBL visits Naya Nazimabad Gymkhana

 Karachi: Irfan Siddiqui President Meezan Bank Limited (MBL) visited Naya Nazimabad Gymkhana and praised dedication of Chairman Arif Habib Group, Arif Habib and his team for delivering an amazing landmark to people of Karachi at Naya Nazimabad....

SBP chief says Pakistan will bridge $4bn financing gap soon

Islamabad: State Bank of Pakistan (SBP) acting Governor Dr Murtaza Syed in an interview has assured that Pakistan will bridge an external financing gap of $ 4 billion soon and that economy is “not close to recession mode”. Dr Syed said Pa...

Disadvantages: Job vs Business

Most people have a dream of doing business and handling all his or her employees by sitting in the personal chamber. Others want to do a job, they have a passion for doing the job and wants to enjoy their personal time after the working hours. If we...

Power company land issues to resolve soon: CM Murad

KARACHI: Sindh Chief Minister Murad Ali Shah said that Thar Coal Block-I affected people (PAPs) would be settled properly by establishing their colonies to be equipped with all facilities. “Shanghai Group working in Block-I should expedite cons...

Rupee gains 0.53paisas versus dollar

KARACHI: Rupee made a modest recovery against dollar in interbank market after Finance Ministry and State Bank of Pakistan (SBP) gave a roadmap for ongoing fiscal year to overcome economic crisis facing country. Rupee registered a minor gain of 0.53...

NC Big Stories

Gold prices hit one-week high

KARACHI: Gold prices continued their upward momentum on Wednesday, marking a one-week high as investors sought the safety of the precious metal amid growing geopolitical uncertainty, particularly the escalating Russia-Ukraine conflict. Spot gold ros...

Profit-taking drags PSX down, KSE-100 falls by 310 points

KARACHI: The Pakistan Stock Exchange (PSX) saw profit-taking on Wednesday, resulting in a decline of 310 points in the benchmark KSE-100 Index, which closed at 95,546.45, down 0.32%. The session began on a positive note, with the KSE-100 rising to a...

Ahsan Iqbal proposes GSP-Plus and 5Es framework for export-led growth

ISLAMABAD: Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, proposed a comprehensive strategy to align the European Union’s Generalized Scheme of Preferences (GSP-Plus) program with Pakistan’s 5Es framewo...

Messi likely to play int’l match in India next year

KERALA: Argentina’s national team, including legendary footballer Lionel Messi, is expected to play an international match in India’s Kerala State next year, Sports Minister V Abdurahiman said yesterday. According to Indian media, the mi...
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