Moazam Baig

Business

IMF slaps 11 new conditions to Pakistan’s $7 billion loan programme

ISLAMABAD: The International Monetary Fund (IMF) has added 11 more stringent conditions on Pakistan under the latest staff-level review of…

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Business

Pakistan, ADB sign $257mn agreements to strengthen Punjab’s education, health sectors

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) here on Friday signed two major financing programmes worth US$257 million aimed…

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Business

Goods transporters’ strike enters fifth day

The wheel-jam strike, being observed by goods transporters against heavy traffic fines, entered into its fifth day on Friday. In…

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Business

Nepra imposes Rs100 million fine on Lesco

The National Electric Power Regulatory Authority (NEPRA) imposed over Rs100 million fine on Lahore Electric Supply Company (LESCO) and other…

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Business

PSX sees modest gains as investors weigh new IMF conditions

KARACHI: The Pakistan Stock Exchange (PSX) experienced slight gains on Friday as investor sentiment remained cautious amid profit-taking and the…

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Business

Balochistan sees major progress on CPEC energy, roads projects

KARACHI: The State Bank of Pakistan (SBP) is expected to retain interest rates at 11% on Monday, a Reuters poll showed, as…

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Business

Oil prices up on US-Venezuela tensions, but set for weekly decline

TOKYO: Oil prices rose on Friday as the prospect of the U.S. intercepting more Venezuelan oil tankers deepened supply concerns,…

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Business

Gold price jumps again, rises by Rs10,700 per tola

KAQRACHI: Pakistan’s gold prices witnessed a big leap on Friday, as the per tola rate rose by Rs10,700, according to…

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Tech & IT

Pakistan’s first driverless car completes successful test drive

KARACHI: Engineers at NED University of Engineering and Technology have successfully conducted the test drive of Pakistan’s first driverless car…

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Tech & IT

New fingerprint verification system launched to make process ‘more accessible’

ISLAMABAD: A new fingerprint verification system has been launched in collaboration with the National Database and Registration Authority (Nadra), allowing…

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