Gas supply to Faisalabad region suspended for 2nd day
Faisalabad: Gas supply to the industrial units of Faisalabad region has been suspended for the second consecutive day on Monday rendering thousands of permanent and...
Business
Latest business news from US, UK, Pakistan, Middle East and around the world
Government curtails development budget
by TNT Desk
Karachi: Federal Finance Minister Abdul Hafeez Sheikh said on Saturday that the government had taken bitter decisions to improve economy....
China renews deal to buy Iran crude
by TNT Desk
Beijing: China has renewed its annual contract to purchase and import Iranian crude despite the US-engineered UN sanctions that block transactions with the Iranian banks....
Gilani calls for boosting export
by TNT Desk
Islamabad: Prime Minister Yousuf Raza Gilani on Friday directed the Federal Commerce Minister Amin Fahim to take steps for greater market access of local products...
Pakistan forex reserves increase to over $17.810bn
by TNT Desk
Karachi: Pakistan’s foreign exchange reserves surged to over $17.810 billion, a historic high, a central bank spokesman said on Thursday....
PSM restructuring to be completed by Sep
by TNT Desk
Islamabad: Senate’s Standing Committee on Industries and Production was informed on Thursday that the restructuring of Pakistan Steel Mills (PSM) would be completed by September...
Japan’s steel output rises by 25pc in 2010
by TNT Desk
Tokyo: Japan’s 2010 steel output rises by 25 percent to nearly 110 million tones in 2010, the biggest rise in 43 years, an industry body...
Gas supply to Lahore, Sheikhupura and Sahiwal suspended
by TNT Desk
Lahore: Gas supply to industrial units of Lahore, Sheikhupura and Sahiwal region has been suspended under gas load management plan for four days on Thursday....
Gas to Faisalabad industrial units remains suspended for 4th day
by TNT Desk
Faisalabad: Gas supply to the industrial units of Faisalabad remained suspended for the fourth consecutive day on Wednesday that has added to the misiries of...
Iran finds $50 bn gas field
by TNT Desk
TEHRAN: Iran, OPEC’s second largest oil exporter, has discovered a new onshore gas field with reserves valued at 50 billion dollars, Oil Minister Masoud Mirkazemi...