The Board of Directors of HBL has announced the financial results for the nine months period that ended on September 30, 2021.HBL today declared a consolidated Profit after tax of Rs. 27.0 billion, up by 7% as compared to Rs. 25.27 billion recorded in …

Syed Khalid Siraj Subhani has been given the acting charge of Managing Director (MD) and Chief Executive Officer (CEO) of the Oil and Gas Development Company Limited (OGDCL), following the resignation of Shahid Salim Khan who served the organization fo…

Getting down unabatedly, the market capitalization of the Pakistan Stock Exchange (PSX) stands below $50 billion these days due to various macroeconomic factors that have been affected by domestic and international indicators.This was stated by Managin…

The Pakistan Automotive Manufacturers Association (PAMA) has revealed that the car industry has observed a slight increase in its monthly sales with an aggregate of 22,235 vehicles sold in September.According to the PAMA sales data for September 2021, …

Prime Minister Imran Khan has directed the authorities concerned to take all possible measures to attract and facilitate the Chinese companies to invest in the Special Economic Zones (SEZs), including the provision of land, electricity and gas connecti…

Punjab Chief Minister Usman Buzdar says the PTI government has allocated a fund of 189 billion rupees for development of Southern Punjab. He was talking to Minister of State for Climate Change Zartaj Gul, who met him in Lahore on Sunday.Overall politic…

The Cabinet Committee on Energy (CCoE) has approved the summary submitted by the Power Division, seeking restructuring of the Pakistan Electric Power Company (PEPCO) with a changed nomenclature, i.e., Power Planning and Monitoring Company (PPMC). The r…

Minister for Energy, Hammad Azhar, said on Friday that the flow of circular debt from the energy sector has started decreasing.The energy minister tweeted that the flow of circular debt in the power sector during July and August fell to Rs. 13 billion …

The Cotton Crop Assessment Committee (CCAC) has assessed that the country is expected to have a production of 9.374 million bales in the crop season 2021-22, of which Punjab is likely to have an output of 5.44 with Sindh standing at 3.50, Balochistan 0…

The National Electric Power Regulatory Authority (NEPRA), in collaboration with Akhuwat Islamic Microfinance (AIM), K-Electric (KE), and Engro Energy, will now offer interest-free microfinance loans (Qarz-e-Hasna) to households and small business owner…