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KESC launches SMS service to report power theft

KARACHI: In an attempt to curb losses due to rampant power-theft, Karachi Electricity Supply Company (KESC) has launched its SMS service for reporting power...

KSE index trades over historic 23,000-point level on better economic prospects

KARACHI: The Karachi Stock Exchange on Wednesday achieved yet another milestone as its benchmark index crossed historic 23,000-point level. The benchmark 100-share index was trading...

Dar says Pakistan avoids default after IMF talks

ISLAMABAD: Federal Finance Minister Ishaq Dar said the country saved from the threat of default as a result of successful negotiations with International Monetary...

Dar says 50% beneficiaries of PPAF poor people

ISLAMABAD: Finance Minister Ishaq Dar said Pakistan Poverty Alleviation Fund (PPAF) programme launched by the Pakistan Muslim League Nawaz (PML-N) in its previous government...

US envoy Olson celebrates Pakistani mango sector success

ISLAMABAD: US Ambassador Richard Olson and Commerce Secretary Qasim Niaz on Monday joined business owners and stakeholders to celebrate the unprecedented success of Pakistan’s...

Nisab for Zakat fixed at Rs41,872 this year

KARACHI: The State Bank of Pakistan on Monday has fixed Rs41,872 Nisab this year for deduction of Zakat from savings accounts. According to details, Zakat...

Newly agreed IMF program to help improve Pakistan’s economy: Moody’s

ISLAMABAD: The newly agreed International Monetary Fund (IMF) program with Pakistan will help improve the country's economy and development, International Financial Rating Agency Moody's...

Two-day Microfinance summit begins in Islamabad today

ISLAMABAD: Two-day Microfinance Summit aimed at gearing up efforts for poverty alleviation begins in Islamabad today. Finance Minister Ishaq Dar will open the summit which...

Pakistan welcomes Chinese, foreign investment: PM

SHANGHAI: Prime Minister Nawaz Sharif said on Saturday that the present government in Pakistan is pro-business and pro-investment friendly regime which would welcome the...

PM arrives in Shanghai through high speed train; desires same for Pakistan

SHANGHAI: Prime Minister Nawaz Sharif and his entourage on Saturday arrived in Shanghai from Beijing through high speed train to attend energy conference. During the...

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