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Dozens of companies fined for deceptive marketing

ISLAMABAD, Oct 4 (APP): The Competition Commission of Pakistan (CCP) has imposed penalty on private and public sector organizations for indulging in deceptive marketing practices in violation of Competition Act, …

NBP Exchange Rates

KARACHI, Oct 4 (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates: Selling Buying Buying TT & OD TT Clean OD/T.CHQ U.S.A. 104.40 …

WB predicts 5% growth in 2017 and 5.4% in 2018

ISLAMABAD, Oct 4 (APP): Citing the gradual acceleration in economic activity, the World Bank (WB) has predicted the GDP growth rate in Pakistan to accelerate to 5 percent at factor …

Railways to hand over residential colonies to DISCOs, K-Electric to minimize line losses

Govt releases Rs. 110.448 bln under PSDP 2016-17

ISLAMABAD, Oct 3 (APP): The government has released Rs.110.448 billion for different social sector developmental projects under Public Sector Development Programme (PSDP) 2016-17 as against the total allocation of Rs. …

Motorcycle output grows 9.37%, buses 85.38%

ISLAMABAD, Oct 3 (APP): The production of motorcycles increased by 9.37 percent during the first month of current fiscal year (2016-17) compared to the corresponding month of last year. As many …

Rupee gains 43 paisa against dollar

Foreign exchange rates

KARACHI, Oct 3 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Monday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US …

Dar advises SECP to replace Insurance Ordinance

ISLAMABAD, Oct 2 (APP): Finance Minister Muhammad Ishaq Dar on Sunday advised the Security and Exchange Commission of Pakistan (SECP) to replace Insurance Ordinance, 2000 with the new Insurance Ordinance. …

PCSIR completes 30 projects,earns Rs 231.35m in 2015-16

LAHORE,Oct 2 (APP): The Pakistan Council of Scientific and Industrial Research (PCSIR) has completed 30 need based projects and earned Rs 231.35 million through its commercial activities during 2015-16. This …

MOL produced Rs 380 bln gas, oil, LPG in 11 years

ISLAMABAD, Oct 2 (APP): The MOL Pakistan, an oil and gas exploration company, has produced around mmscf natural gas, 30,305,796 stb crude oil, 223,340 mt LPG from its different operational …