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Pakistan approves 100,000 tonnes of wheat for Iran

Pakistan, Business News : Islamabad has authorised the export of 100,000 tonnes of wheat to Iran in trade not jeopardised by Western sanctions, to settle dues for electricity supplied to Pakistan’s... 

SBP leaves key interest rate unchanged

World News – Pakistan’s central bank said on Friday it was leaving its key policy rate unchanged at 9.5 per cent. The State Bank of Pakistan said it faced two main challenges in reaching a policy... 

SC seeks record of 450 illegal CNG stations

Pakistan, Business News – The Supreme Court on Wednesday directed the federation to file para-wise comments on the awarding of licenses to some 450 CNG stations and sought relevant record of the... 

Pakistan’s first private hydropower IPP

Pakistan News – Pakistan’s first private hydropower IPP established by Hub Power Company (Hubco) has commenced commercial operations. An announcement here on Monday said that Pakistan and Azad... 

India wants trade ties with Pakistan

World News – India’s ambassador to Washington says her country wants closer trade ties with archrival Pakistan, despite a spike in tensions between South Asia’s nuclear rivals.  Nirupama Rao... 

HEC will receive Rs 9 billion from FM

Pakistan, Business News – The Finance Ministry of Pakistan has decided to provide the Higher Education Commission (HEC) Rs 9 billion. The decision was taken during a meeting between HEC Chairman... 

Fuel price summary rejected by Petroleum Ministry

Pakistan, Business News – According to the sources, the summary for increasing in the price of petroleum products has been rejected by the Petroleum ministry on Thursday, E Pakistan News Reported.... 

Pak pays 10th installment to IMF

Pakistan, Business News – Pakistan on Tuesday successfully paid the 10th installment amounting to SDR 258.4 million equivalent to US $391.8 million on account of Stand-By Arrangement (SBA) to the... 

PSO suspends the fuel supply for PIA

Pakistan, Business News – Fuel supply from the Pakistan State Oil has been suspended for the Pakistan International Airlines due to the non payment of dues, E Pakistan News Reported. PSO Sources... 

Pak will pay off $520m as IMF dues in Feb

Pakistan, Business News – Sources added that Pakistan is going to pay off the 520 millions dollars against the IMF loan in the February. Sources of the Finance Ministry told that a payment of 140... 

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