Govt. formally permits sugar export

ISLAMABAD: The Prime Minister Nawaz Sharif led government while fulfilling the wishes of sugar mafia has formally granted permission to export nearly four lac metric tons sugar from the country. Sugar advisory board headed by...

Govt asked to settle circular debt immediately

ISLAMABAD: Government should immediately settle issue of circular debt otherwise it will leave PSO bankrupt disrupting import of oil and gas which will damage economy and reverse all the economic gains, a business leader said...

PM approves appointment of his friend as NBP chief

ISLAMABAD: The Prime Minister Nawaz Sharif has given the approval to appoint his old business crony and dual nationality holder Muhammad Saeed on the lucrative slot of President National Bank of Pakistan(NBP). Earlier Saeed was working...

Pakistan, IMF Article 4 talks from 28th

ISLAMABAD: Pakistan and International Monetary Fund (IMF) would have Article 4 consultations in Dubai from March 28 to April 5 2017. The IMF delegation was invited to Islamabad for the consultations but in view of the...

Govt decides to take $2billion loan from ADB

ISLAMABAD: The government has decided to take loan of $2billion from Asian Development Bank (ADB) during 2017 on Sunday. According to documents available with “Online” the loan will be utilized for development projects including energy and...

Circular debt reaches Rs 400.14 billion

ISLAMABAD: The circular debts in power sector have reached to Rs 400.14 billion as the repayment of these debts have become headache for government. Sources said that burden of circular debts have increased and power generating...