Business

FAISALABAD: Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Central Chairman Ijaz Khokhar and Vice Chairman North zone Malik Naseer...

Fraud in Rs75m iron scrap deal of 2010: Supreme Court summons ex-minister Bilour, Sindh AG

ISLAMABAD - In the corruption case of Rs75 million iron scrap deal struck during the last PPP government, the Supreme...

Rs50b Metro Bus Project may face further delay though deadline extended to mid-Feb 2015

Islamabad - The Rs50 billion Metro Bus Project was to be completed within record 10-month time after its inauguration on...

1,200 flights use Pak airspace paying US $400 each: CAA may suffer US $480,000/day loss after EASA directives

ISLAMABAD – After the recommendation made by the European Aviation Safety Agency (EASA) to the foreign airlines for not using...

US Agriculture Department report: Deals of 200 bales at Rs4,000, 400 bales at Rs4,000, 200 bales at Rs4,300 finalised

KARACHI - The report of US Agriculture Department likely to be issued early next week which is expected to show...

Fraud in Rs75m iron scrap deal of 2010: Supreme Court summons ex-minister Bilour, Sindh AG

ISLAMABAD - In the corruption case of Rs75 million iron scrap deal struck during the last PPP government, the Supreme...

Aussie envoy lauds Pakistan’s vision 2025: Ahsan says govt has 10-year plan to transform agri sector

ISLAMABAD – Terming agriculture one of the priority sectors under vision 2025, Federal Minister for Planning, Development and Reforms Ahsan...

Shortfall reaches 2,950MW as power production 9,550MW and demand 12,500MW: NTDC

LAHORE - The electricity shortfall has reached 2,950 megawatts in the country while that the total power production is 9,550MW...

Punjab CM directs early completion of 1,000MW LNG Park, eyes energy relief through LNG import

LAHORE – Directing the authorities concerned to finish the task of setting up LNG Park that would generate 1,000MW electricity,...

1984 Companies Ordinance: SECP modifies circulars for NGOs, Feb 16 last date to apply for license renewal

ISLAMABAD - The Securities and Exchange Commission of Pakistan (SECP) has modified earlier circulars dealing with the renewal of licenses...

Largest railway freight train leaves Karachi for Lahore

byM. Imran Mehar

LAHORE: Largest freight train of Pakistan Railways has started journey for Lahore from Karachi. This is the largest goods train...

Illegal use of compressor major cause of low gas pressure

ISLAMABAD: The people have protested against the illegal use of compressor on natural gas connections and demanded stern action against...

13.7% decrease: Petrol price may cut by Rs10.75 to 67.53 from Feb 1, lowest in 7 years

ISLAMABAD: After further decline in international market, the government has decided to decrease petrol price by 13.7% from February 1...

Parking plazas in Markaz F-7: CDA chief expresses satisfaction over pace of construction work

ISLAMABAD: Capital Development Authority (CDA) Chairman Maroof Afzal has said that construction of parking plazas in the federal capital is...

Converting agri land into residential to accommodate 15-20m people: Citizens reject LDA’s Lahore Master Plan 2021

LAHORE: The citizens of the provincial capital, during a public hearing, have rejected the master plan of Lahore Development Authority’s...

1915 helpline, FM radio channel: Traffic wardens system being launch in Peshawar

PESHAWAR: After observing success in Punjab, the Khyber Pakhtunkhwa government has decided to launch the first phase of traffic warden...

Pak reserves stand at US$15,063.9, SBP’s down by $82m to $10,249m versus last week’s $10,331m

Karachi - The Pakistan’s total liquid foreign reserves stood at US$15,063.9 million in the week ended 23 January 2015...

Car imports caused $1,950 to $3,781 loss, Jica, Smeda sign deal to prop up Pakistan’s auto industry

ISLAMABAD: The Japan International Cooperation Agency (Jica) and the Medium Enterprises Development Authority (Smeda) have signed an agreement under which...

Oil prices decrease to $46 a barrel, 55pc fall since June 2014, but PIA cuts only 20pc fares on some routes