Business

LAHORE: Pakistan, after failure in recent talks between the Indus Water Commissions of both the neighbouring countries in New Delhi,...

APTMA stresses 15pc duty as fine cotton yarn import reaches 30,000 tons in 2014 against 6,500 in 2012

LAHORE – As the import of fine count cotton yarn has reached to 30,000 tons in 2014 against 6,500 tons...

Petrol sale in Jan 2015 up 32pc to 0.39m tonne versus Jan 2014

ISLAMABAD: Petrol sale witnessed a record 32 percent increase in January as compared to January 2014 due to consistent fall...

China affirms 3.4m kilowatts capacity’s 6 N-projects afoot in Pakistan, rules out NSG-guidelines concerns

BEIJING - Beijing is building as many as six nuclear power projects in Pakistan with a total installed capacity of...

5 railway station to be upgraded in 1st phase: Kh Saad for facilitating passengers

LAHORE: Federal Minister for Railways Khawaja Saad Rafiq, while presiding over a high-level meeting, has said all-out efforts are being...

Rs0.8m to be paid on death, Rs0.3m on injury: Pakistan Railways signs pact for insurance of passengers

LAHORE: The government is struggling to maintain the Pakistan Railways as per international standards. Keeping this aim in view, an...

0.39m tonne petrol sale in Jan 2015 shows 32pc hike versus Jan 2014

ISLAMABAD: Petrol sale witnessed a record 32 percent increase in January as compared to January 2014 due to consistent fall...

Pakistan hails WB’s approval to 5 projects of 10,000MW

ISLAMABAD – The Finance Minister of Pakistan has appreciated the recent approval of five energy projects by the World Bank....

PR receives 15 locomotives of 3,000 HP from China under Rs19.4b revamping project

ISLAMABAD - To generation of the much-needed revenue, Pakistan received the last batch of 15 diesel electric locomotives of 3,000...

Pakistan to import LNG from Qatar costing Rs 31.36 billion in first phase

ISLAMABAD: In a bid to ensure availability of gas in the country, the government is holding talks with Qatar for...

PAT report terms agreements on coal-based power projects fraud

LAHORE: The Pakistan Awami Tehreek (PAT) has released a report that termed the PML-N government’s coal based power projects and...

SBP: Foreign exchange reserves cross $15 billion

ISLAMABAD: The liquid foreign reserves of the country stood at $15,159.2m on January 30, 2015. Giving the break-up of the...

Pharmaceutical companies to finalise drug pricing policy soon

LAHORE: The difference of opinion of pharmaceutical companies over the drug pricing policy will be settled in few weeks due...

Only 200MW electricity available against 1650MW demand after power pylons blown up in Balochistan

NASIRABAD: Three power pylons of 200KV were blown up with explosives in Nasirabad district near Chattar area today. Sources in...

KPT registers record container handling

KARACHI: A record number of 156,254 containers were handled at two terminals (east and west wharves) of the Karachi Port...

32% growth: Petrol shows record sale in January 2015

ISLAMABAD: The Petrol saw a record sale due to fall in the price in the month of January, with a...

LESCO reduces loadshedding from 5 hours to 2 hours/day for industrial sector

ISLAMABAD: The Electric Supply Company (Iesco) Chief Executive Officer Malik Yousaf Awan stated that Iesco has made attempts and reduced...

PAT report says govt plundered over Rs15b in Nandipur Power Project, questions Rs100b Metro Bus project