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Wednesday, April 1, 2020

Fuel mix: As CNG gets rationed, petrol sales jump 36% in October

The government’s bungling giveth, and the government’s bungling taketh away. After being squeezed relentlessly by the government’s inability to resolve the financial mess at...

NASA Will Pay You $5,000 A Month To Stay In Bed

NASA research program will pay participants upwards of $5,000 to do nothing. Conducted by the agency’s Flight Analogs Project Team at the Johnson Space Center, the Bed...

Petrol shortage: 90% petrol stations close down in Faisalabad

FAISALABAD: The fuel crisis worsened in South Punjab on Monday, as 90% of all petrol pumps closed down in the city of Faisalabad and ...

SBP quarterly report: Banking sector assets rise by 8%

KARACHI: Assets of the banking system grew by 7.7% to Rs7.1 trillion during October-December 2010 mainly because of investments in government papers and seasonal...

Do you know how many bulletproof cars imported in last 5 years ?

Forty-one duty-free bulletproof vehicles have been imported to Pakistan in five years. According to an official report, the US Embassy in Islamabad is at...

Long-term financing: State Bank raises lending rates by 150 basis points

The central bank that maintained its key policy rate at 14% in its last monetary policy decision amid stubborn inflation and government’s failure to...

Interior Ministry budget estimated at Rs. 55.80 billion

ISLAMABAD: The budget allocation for the Interior Ministry for fiscal year 2011-12 has been estimated at Rs 55.80 billion, including Rs 50.29 billion including...

Five-year revival plan: PIA seeks billions of rupees to overcome losses

The Pakistan International Airlines is seeking injection of billions of rupees in taxpayer money mainly to buy 16 new aircraft and overcome losses under...

ADB to give $400m for infrastructure

KARACHI: The Asian Development Bank (ADB) will give $400 million for a programme to improve the infrastructure and municipal utility services for about five...

Nestlé stresses long-term commitment to Pakistan

LAHORE: Reiterating its commitment to Pakistan and the consumers, Nestlé has said the company is here for the long term and will do business in...

Car sales speed up 17 per cent

Car sales sped up 17 per cent in March against the preceding month, led by Pak Suzuki Motor Company, the largest automobile manufacturer in...

Prices of summer electronics increased in local markets

ISLAMABAD: Prices of summer required electronics including air coolers, refrigerators, fans and water dispensers increased in the local markets of the capital city. With rise...

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