Business & Economy

PESHAWAR, March 23 (Online): The caretaker government of KP has linked the taking over charge of Peshawar Electricity Supply Company (PESCO) and Tribal Electricity Supply Company (TESCO) to power houses. KP government sources said PESCO and TESCO are running in huge loss. KP government is […]

Tharparkar, March 22 (Online): Prime Minister Shehbaz Sharif and Foreign Minister Bilawal Bhutto Zardari jointly inaugurated 1650 Mega Watts Shanghai Electric Thar and Thal Nova Thar projects in Tharparkar on Wednesday. Built with a total direct investment of 3.53 billion dollars, these coal-fired projects will […]

ISLAMABAD, March 22 (Online): President Arif Alvi has accorded approval to restructuring of National Economic Council (NEC). The restructuring has been made due to induction of new governments in KP and Punjab. SM Tanvir minister for energy, industries, commerce of Punjab and Himayat Ullah Khan […]

KARACHI, Mar 22 (APP): The State Bank of Pakistan, on Wednesday, announced office business hours during Ramazan-ul-Mubarak The Central Bank, in a statement issued here, announced that in wake of the ensuing holy month of Ramazan-ul-Mubarak 1444 AH, the State Bank of Pakistan as well […]

BEIJING, Mar 22 (Xinhua/APP): The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 48 pips to 6.8715 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to […]

London, March 22 (AFP/APP): British annual inflation unexpectedly accelerated in February despite central bank efforts to tame a growing cost-of-living crisis, official data showed Wednesday. The Consumer Prices Index (CPI) rose by 10.4 percent in the 12 months to February 2023, up from 10.1 percent […]

Tunis, March 22 (AFP/APP): The eve of Ramazan is a frantic time for Tunisian coppersmith Chedli Maghraoui, who skilfully puts a new shine on families’ favourite kitchenware before the Muslim holy month starts. From couscous pots to beloved tea sets, the metalware gets a professional […]

Lahore (PNI) Sui Northern Gas has announced special initiatives to ensure uninterrupted gas supply to its consumers during the holy month of Ramzan. The company will be undertaking immediate measures to ensure gas supply with full pressure. SNGPL spokesperson, in a statement, said that domestic […]

Washington, March 21 (AFP/APP): The US banking sector is “stabilizing” after the recent failures of Silicon Valley Bank and Signature Bank rattled the industry, Treasury Secretary Janet Yellen will tell a summit Tuesday, according to prepared remarks. The collapses caused a crisis of confidence, with […]

BEIJING, March 21 (Xinhua/APP) –: China’s railways saw steady growth in passenger trips and freight volume in February, official data showed. Last month, the railways operated 272.97 million passenger trips, surging 43.3 percent year on year, according to the National Railway Administration. In the first […]