Tag: Financial

Gurmani Foundation gives LUMS Rs 1b

The LUMS has received a generous gift of Rs 1 billion from the Gurmani Foundation which will be used to set up an endowment...

WB dives into our reservoirs

Following the signing of an agreement with the Government of Pakistan for providing $840 million for 1410 MW-Tarbela 4th Extension Project, the World Bank...

Another twist in the tale?

Asian shares rose on Wednesday and the euro clung to most of the previous session's gains as investors bet that Europe's worsening debt crisis...

Financial woes may cause weight gain

Being under stress, including worrying about paying bills in today’s economy, may make overweight and obese people gain more weight, although stressed-out normal-weight individuals...

Power outages affect 90 percent industrial production: Sialkot

The uncontrolled power outages in Sialkot have badly affected as many as 90 percent industrial production in Sialkot , besides, causing a great financial...

Govt optimistic to achieve Rice export target with $3 b earnings

The government is optimistic to achieve the Rice export target of 4 million tons with estimated foreign exchange earnings of $ 3 billion in...

WB finally digs out financial crisis solution

‘Removing restrictions on human mobility may reduce global financial crisis’ Removing restrictions on human mobility may help enhance financial flows among nations and alleviate some...

Once opposers now come to establish collection boards

Those who at times were opposing the move for allowing Sindh authorities to collect the general sales tax on services after the consensus was...

In the name of art

One is saddened to hear that the USAID has issued notification for suspension of aid to Rafi Pir Theatre’s project ‘Sim Sim Hamara’ over...

Fearful in the shadow

Walk away as one may, it continues to stalk The suo motu notice taken by the Chief Justice of the alleged involvement of his son...

IRSA gets financial autonomy through water cess

For the first time in 20 years of its existence, the Indus River System Authority (IRSA) has become financially autonomous, as no allocation is...

KWSB chief optimistic WB would assist K-4 project

The Managing Director of Karachi Water and Sewerage Board (KWSB), Misbahuddin Farid, has expressed optimism that the World Bank would provide financial assistance for...

SBP had a busy day

Asks money exchangers to augment compliance culture The central bank on Wednesday advised the exchange companies to strengthen their compliance culture and ensure adherence to...

A fund in need is a fund indeed!

Pakistan may have to return to the International Monetary Fund for financial assistance this year amid an unstable macroeconomic situation, the nation's central bank...

Australia to provide financial assistance to Pakistan

Australia will provide over 200 million dollars of financial assistance to Pakistan during the next three years under the Australia-Pakistan Development Partnership Program as...

World leaders vow to combat financial turmoil, back Greece

World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing...

SECP hobnobs with the royalty

The Securities and Exchange Commission of Pakistan (SECP) and Capital Market Authority (CMA) Sultanate of Oman, recognizing the increasing international activity in the financial...