A huge collection of 3400+ free website templates JAR theme com WP themes and more at the biggest community-driven free web design site
Home / Business (page 74)

Business

Outdated trucking fleet unfit for CPEC challenges

ISLAMABAD (Web Desk) Stakeholders in the China-Pakistan Economic Corridor (CPEC) on Wednesday sought the implementation of the trucking reform policy approved a decade ago, creation of a ministry for transport and uniform border management, Custom clearance and related standards. The two-day ‘CPEC-Logistics International Forum’ – organised by the National Logistic …

Read More »

Implementation of auto policy reviewed

ISLAMABAD (Web Desk) Various foreign investors have shown their interest in investing in the auto sector under the the new development auto policy (ADP) 2016-2021 announced last year. In a meeting held under the joint chairmanship of Secretary, Ministry of Industries and Production (MoIP), Khizar Hayat Gondal, and Secretary, Board …

Read More »

Index drops to year’s lowest level

KARACHI (Web Desk) Stocks continued the losing streak on Wednesday with the KSE-100 index recording a loss of 328 points or 0.74 per cent to close at 43,792.19, the lowest level in 2017.The benchmark has shed 17pc value since its peak on May 24. Investors caught their breath as the …

Read More »

Things to know about ‘mysterious digital currency’ Bitcoin

TOKYO (Web Desk) Mark Karpeles, the former CEO of collapsed Bitcoin exchange MtGox, went on trial in Tokyo on charges stemming from the disappearance of hundreds of millions of dollars worth of the virtual currency from its digital vaults.Here are some key facts about the world’s most widely used crypto …

Read More »

Doomsday at the stock exchange

KARACHI (Web Desk) Stock investors were in for a rude awakening on Tuesday as the KSE-100 index took a plunge of 1,000 points even be­­fore the opening bell had died down. As the investors stared at the trading board in disbelief, the market saw shares close at their lower circuits …

Read More »

PSX 100-index sheds 1800 points

KARACHI (Web Desk) The factors of Panama Papers JIT report against Prime Minister Nawaz Sharif proved to be negative for Pakistan Stock Exchange on Tuesday as the benchmark KSE-100 Index plunged 1,800 points, Samaa reported. From outset of the trade, the PSX saw bears rule the bourse under factors of …

Read More »

Stock market takes 2,000-point nosedive on back of political uncertainty

ISLAMABAD (Web Desk) The Pakistan Stock Exchange (PSX) witnessed a bloodbath on Tuesday on the back of political uncertainty a day after a joint investigation team (JIT) report on the ruling Sharif family’s financial history was submitted to the apex court, taking a 2,000-point nosedive as the day’s trading commenced. …

Read More »

Pakistan agrees to provide 25,000 MT to Sri lanka

ISLAMABAD (Web Desk) Pakistan has agreed to initiallyproviding 25,000 matric ton non basmati rice to Sri Lanka on urgentbasis, that would be procured on government to government basis.A delegation of Sri Lanka arrived here on Monday (July 10) tonegotiate with the Pakistani team to finalize the issue of exporting300,000 tons …

Read More »

Ex-EOBI chief among 16 probed by FIA in Rs40 billion scam

ISLAMABAD (Web Desk) The National Assembly’s Standing Committee on Overseas Pakistanis and Human Resource Development was informed on Monday by the Employees Old-Age Benefits Institution (EOBI) that the Federal Investigation Agency (FIA) had launched 18 inquiries, in which 16 cases had been registered against private individuals and officials, including EOBI’s …

Read More »

Oil giants sign deal to exploit gas reserves

BEIJING (Web Desk) Chinese, French and Iranian energy giants signed a $4.8 billion deal to develop the world’s largest natural gas reserve in the Persian Gulf last Monday. The parties — China National Petroleum Corp, France’s Total and the National Iranian Oil Co through its Petropars subsidiarywill develop the South …

Read More »