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Import surges to 36,000 tonnes: Textile exporters slam 5% import duty on Indian yarn
FAISALABAD: The textile exporters have once again strongly criticised the government’s proposal of 15 per cent duty on Indian yarn....
10-day petrol crisis: DMD among 4 more PSO officials suspended after 2nd inquiry by ex-IG
ISLAMABAD: The federal government, after completing second inquiry into the 10-day petrol crisis, has suspended four more Pakistan State Oil...
2008 model sold in Rs1000: PAC takes notice of illegal sale of 500 vehicles by OGDCL
ISLAMABAD: The Public Accounts Committee (PAC) has taken a notice of 500 vehicles sold at low prices among officers by...
CCoP okays divestment of govt’s 42% stake in HBL to generate $1 billion
ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) has given approval for divestment of Habib Bank Limited (HBL). The approval is...
120 Pakistani exporters participate in sports products trade fair at Munich
ISLAMABAD: As many as 120 exporters and exhibitors of sports products from Sialkot have participated in one of the world's...
China aims to build six nuclear power plants in Pakistan
NEW YORK: China is likely to build six nuclear power projects in Pakistan. China has been involved in the construction of...
Pakistan Railways signs pact with NESPAK to upgrade railway stations
LAHORE: Pakistan Railways has signed a pact with the NESPAK in order to upgrade the facilities of Railway Stations in...
Second consignment of 20 metro buses reaches Federal capital
ISLAMABAD: After the first fleet of 17 buses, the second consignment of 20 Metro buses has reached the Federal capital....
Petrol crisis: PM Nawaz to monitor major ministries to improve performance
ISLAMABAD: Prime Minister of Pakistan Nawaz Sharif would monitor the ministries of Water and Power, Petroleum, Finance and the Planning...
Govt will soon overcome power crisis, decrease tariff, reiterates Kh Asif
LAHORE: Federal Minister for Water and Power Khawaja Asif, speaking at a seminar, has reiterated that the government will soon...
Bearish trend at cotton markets, rates of 400 to 600 bales remain Rs47,00 to 51,00
KARACHI: The country’s major cotton markets remained in bearish trend as leading spinners moved away after replenishing their stocks last...
Sea level rising 1.3mm per year: Badin, Thatta will no more by 2050, Karachi by 2060
ISLAMABAD: The Senate Standing Committee on Science and Technology, headed by Prof Sajid, has been informed that the Arabian sea...
SMEDA managing 18 projects of Rs 1.85b: Govt launches 27 projects worth Rs 28.85b
ISLAMABAD: The federal government has unveiled 27 projects worth Rs28.85 billion to boost activities of industrial sector. Sheikh Aftab Ahmed,...
Banking sector’s share to up 20% by 2020: Pakistan issues Sukuk Regulations 2015
ISLAMABAD: In bid to strengthen governance and broaden their appeal to investors, the Securities and Exchange Commission of Pakistan (SECP)...
Rs33,996m for PAEC, Rs7,832m for HEC: Govt releases Rs218.3b under development programme
ISLAMABAD: The federal government has released more than Rs218.38 billion under Public Sector Development Programme (PSDP) for various projects against...
70mmcfd instead of announced 100mmcfd: SNGPL to suspend gas supply to textile processing, dying units
LAHORE: The Sui Northern Gas Pipelines Limited (SNGPL) has decided to suspend gas supply to textile processing and dying mills...
Exports to increase from $13b to $26b: Govt announces Rs64.15b textile policy 2014-19
ISLAMABAD: The federal government has unveiled a long awaited around Rs64.15 billion textile policy 2014-19. Addressing a press conference, Federal...
Minister of Industries chairs meeting on GSP Plus
LAHORE: 10th Cabinet Committee meeting on GSP Plus, chaired by Minister for Industries Chaudhry Muhammad Shafique, was held at the...
VATA demands 5pc duty withdrawal on import of cotton yarn
KARACHI: The Value Added Textile Associations (VATA) has presented a demand of 5 percent duty withdrawal on import of cotton...
CDA allocates Rs 0.3m for beautification of Zero Point project, Rs 248m to construct 9km road
ISLAMABAD: Syed Mustafain Kazmi, the member environment of the Capital Development Authority (CDA), has said that struggles are being made...
