Business
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$6.6b loan: Pakistan likely to miss key reform targets laid out by IMF
ISLAMABAD: Fuel shortage in Pakistan has worsened power blackouts that made it difficult to meet key reform targets laid out...
PM directs Power Ministry to report on power breakdown within 48 hours
ISLAMABAD: Prime Minister Nawaz Sharif has given directions to the Ministry of Water and Power to present a technical report...
Rs9 billion equity: Dar chairs briefing on Pak-Brunei Investment plans
ISLAMABAD: Finance Minister Ishaq Dar chaired a briefing session arranged by managing director Pak-Brunei Investment Company. The current investment and...
100% recovery ratios in SME: Dar briefed on Pak-Brunei investment plans
ISLAMABAD: Pak-Brunei Investment Company Managing Director Ayesha Aziz has briefed Federal Finance Minister Ishaq Dar on present investment financing profile...
Power installations attacked thrice in 10 days: Khawaja Asif vows to restore electricity supply by Monday
ISLAMABAD: Federal Minister for Water and Power Development Khawaja Asif has said that power supply will be restored across Pakistan...
9 month of FY 2014: Pak sea food exports to EU increase to $2.47m from $2.12
ISLAMABAD: The country’s sea food exports to European Union (EU) have witnessed growth and increased to $2.47 million during January-September...
ECC approves 20mmcfd gas to generate 157MW electricity
ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) has given approval to the National Electric Power Regulatory Authority (Nepra)...
Rs506.410b worth bids received: SBP raises Rs156.505b thru T-bills auctions
KARACHI: The State Bank of Pakistan (SBP) has collected Rs156.505 billion through auction of Treasury bills of various tenors, however...
200,000 commuters to be facilitated daily: Metro bus project being completed in record time
RAWALPINDI: Metro Bus Service Project’s head Hanif Abbasi has said that the ‘international standard’ project is being completed in record...
650MW power supply to K-Electric: Nawaz reviews energy crisis
ISLAMABAD: Prime Minister Nawaz Sharif has reviewed the prevailing energy crisis during a high level meeting. Finance Minister Ishaq Dar,...
Rs55b burden on consumers: ECC okays raise in power tariff, 1.2m tonnes wheat export at Rs6b public expense
ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC), under the chairmanship Federal Finance Minister Ishaq Dar, has allowed the...
Tarbela, Mangla to bring 6,000mw to system, supply to be restored by Monday evening: Kh Asif
ISLAMABAD: Federal Minister for Water and Power Khawaja Asif said that the power system attacked by insurgents in Balochistan will...
5-yr agreement expires: Federal govt continues 650 MW power supply to K-Electric
ISLAMABAD: The federal government has decided not to suspend 650 MW electricity supply to K-Electric as the National Power Control...
As Balochistan gets only 170mw against 1,650mw demand, 28 district sans power
QUETTA: Approximately 28 districts of Balochistan province, where electricity demand is 1,650 megawatts against the supply of only 170 megawatts,...
11,500mw demand lacks 7,500mw: Power supply returning to normality: Asif
ISLAMABAD - Water and Power Minister Khawaja Asif blamed sabotage at a transmission line in Naseerabad district of Balochistan for...
Amidst 7,000MW shortfall, Wattoo warns against worst loadshedding in country
LAHORE – Due to dwindling furnace oil stocks, PPP’s central Punjab President Mian Manzoor Ahmed Wattoo warned the government and...
Int’l traffic increases to 2.8b min: Mobile to mobile traffic up by 40% to 345.7b min, cellular to fixed networks remains same at 2.9b min
ISLAMABAD: Thanks to bundled packages and unlimited talk time offers from all operators as the national traffic from cellular to...
PIA suffered Rs207.69b losses from 2011 to June 2014, lacks inter-departmental coordination
ISLAMABAD - The Civil Aviation Authority (CAA)-Pakistan has directed PIA to ensure feeding complete flights details in the Air Transport...
PV systems costs fall by 65%, 10 yr warranty suggested: No quality standards to check imported solar photovoltaic equipment
ISLAMABAD: The Alternative Energy Development Board (AEDB) has suggested that a ‘National Electricity Safety Code’ should verify the import process...
Pakistan importer of 47pc of Chinese arms: China vows more support against terrorism
Beijing - Army Chief General Raheel Sharif and Chinese military’s top brass agreeed to enhance long-term bilateral defence collaboration, intelligence...
