Business
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Rs222b circular debt, lack of coordination among govt dept behind petrol crisis
LAHORE: The Institute for Policy Reforms has reported that the petrol crisis happened due to lack of coordination among a...
As Rs15.8b yarn imported from India during Jul-Dec, PYMA seeks 15pc RD duty on import
FAISALABAD –Pakistan Yarn Merchants Association zonal chairman Muhammad Akram Pasha has demanded the imposition of 15 percent regulatory duty on...
3,000 cotton bales change hands between Rs4600-Rs4900, spot rate drops by Rs 50
KARACHI: Cotton rates plunged in line with the international market amid modest activity. The official spot rate dropped further by...
Having Rs9b equity, Pak-Brunei Investment Company increasing enterprise footprint in country, Ishaq Dar told
ISLAMABAD - Pak-Brunei Investment Company Managing Director Ayesha Aziz informed Finance Minister Ishaq Dar that the Pak-Brunei plans to increase...
CDA, ICT, Islamabad Police conduct anti-encroachment operations in Markaz G-9, G-11
ISLAMABAD: The enforcement directorate of the Capital Development Authority (CDA) conducted anti-encroachment operations in Markaz G-11, Markaz G-9, near PIMS...
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...
Blowing up of 800-900mw power plant: Secy sees terror attack behind nation-wide power breakdown
Islamabad - Secretary Water and Power Younas Dagha disclosed that the nation-wide power breakdown occurred because of a terrorist attack...
World Bank funds 108MW Gulpur Hydropower Projec in Kotli, Dar lauds support for 4200MW Dassu Project
ISLAMABAD: International Finance Corporation (IFC)/World Bank (WB) Board has accorded approval for financing 108 megawatts (MW) Gulpur Hydropower Project located...
53 items, 17 cities: SPI decreases 0.18% for income group of Rs8000, 0.22% for income group of Rs35000
ISLAMABAD: Weekly inflation measured through the Sensitive Price Index (SPI) for combined income group showed a decline of 0.21 per...
18-inch gas pipeline blown up in Jaffarabad, no casualty reported
QUETTA: An 18-inch gas pipeline was blown up in Jaffarabad district by miscreants on Saturday. However, no casualties were reported....
From 9.5% to 8.5%: SBP lowers policy rate by 100 basis points, lowest rate in 7 years
KARACHI – From 9.5 per cent to 8.5 per cent, the State Bank of Pakistan (SBP) has cut the policy...
Special crackdown: Lahore police remove 13 fund collection boxes of banned outfits
LAHORE: Lahore police have removed 13 fund collection boxes of different banned outfits from the shops and shopping malls during...
Worst power collapse in Pakistan: Electricity restored in 95% Karachi areas, tells K-Electric official
KARACHI: Power supply has been restored to at least 95 percent areas of Karachi, according to a spokesman of K-Electric. He...
10th Cholistan Jeep Rally: 90 drivers to take part in 230km race from Feb 13-15
LAHORE: At least 90 drivers will take part in 10th Cholistan Jeep Rally to be held from Feb 13 to...
ECC approves provision of 20mmcfd gas by Feb 1 to generate 157MW electricity
ISLAMABAD: The ECC has given approval for the extension of GSA between the Oil and Gas Development Corporation Limited (OGDCL)...
4000 MW shortfall: six-hour load-shedding in urban, 10-hour in rural areas
ISLAMABAD: Six-hour electricity load-shedding in urban areas and ten-hour outages in rural areas is witnessed as electricity shortfall has reached...
15pc regulatory duty on yarn import from India to protect local market, earn foreign exchange: PYMA
FAISALABAD: Pakistan Association (PYMA) has demanded the imposition of 15% regulatory duty on imports of cotton yarn from India. Talking...
Pakistan producing only 9000MW: 6-hr loadshedding in urban, 10-hr loadshedding in rural areas as shortfall reaches 4000MW
ISLAMABAD - Six-hour electricity load-shedding in urban areas and ten-hour outages in rural areas is being observed as power shortfall...
Wind Corridor of Thatta: Sindh allots 1408 acres land to generate 49.5MW energy, $130m investment arranged
KARACHI - Sindh government has allotted 1408 acres of land in the Wind Corridor of Thatta District for development of...
Rs.18.5 billion bailout package: Pak Steel likely to become profitable in April 2015
KARACHI: Pakistan Steel Mills will be able to give profit during the current financial year, the production has risen up...
