Business
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Rs700 per cylinder premium: Govt reversing deregulation mechanism of LPG rates
ISLAMABAD: Federal Minister for Petroleum Shahid Khaqan Abbasi has said that the government is reversing deregulation of pricing mechanism of...
Rs25b imports, Rs300b loss: Farmers urge govt to ban duty-free import of 137 items from India
LAHORE: The growers have urged the government to ban duty-free import of as many as 137 items from India, owing...
Pakistan, China hold talks to review Free Trade Agreement
ISLAMABAD: Pakistan and China have held talks to review Pak-China Free Trade Agreement in Islamabad. Additional Secretary Ministry of Commerce...
Brent oil falls below $50 a barrel in six years
NEW YORK: Oil has fallen below $50 that is lowest level in nearly six years. The sharp drop in oil...
Zardari opens Asia’s largest reverse osmosis plant worth Rs 300 million in Sindh
KARACHI: Asia's largest reverse osmosis plant, having a capacity to produce 2 million gallons of water daily, was inaugurated today...
CDWP approves nine projects worth Rs 4.72 billion
ISLAMABAD: The Central Development Working Party (CDWP) has approved nine projects in the education, culture, agricultural engineering, livestock, women development...
Dar waives sales tax on replacement of SIMs from Jan 12 to Feb 28
ISLAMABAD: Finance Minister Ishaq Dar has accepted the demand of mobile phone operators regarding waiver of sales tax on replacement of...
500 MMCFD gas, 34000 barrels oil per day added to system: Abbasi
ISLAMABAD: Federal Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi has said that exploitation of indigenous hydrocarbon resources is...
Nepra approves Rs 1.64 per unit cut in power tariff for K-Electric consumers
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved Rs 1.64 per unit cut in power tariff for K-Electric...
Exports to reach $26b from $13.5b till 2019 if new textile policy announced
FAISALABAD: The Pakistan Textile Exporters Association has raised concern over the delay in announcement of new textile policy which carries...
Rs10/kg subsidy on sugar: Sindh millers halt cane crushing
KARACHI: Worried over the production cost of Rs60 per kg of sugar against its sale price of Rs49 per kg,...
$150b exports by 2025 targeted: CDWP grants uplift worth Rs4.72b; recommends Rs14.64b projects to Ecnec
ISLAMABAD: The Central Development Working Party (CDWP) in its meeting held with Planning Minister Ahsan Iqbal in the chair granted...
13,200 families to be benefited: $2.78m project launched in Sindh; each family to get $53 per month
ISLAMABAD: With the objective to reduce communities’ susceptibility to disasters, 13,200 families belonging to Tharparkar, Sanghar and Mirpurkhas districts will...
1,500 to 2,000MW of power by May: NA told Power System Expansion Plan penciled to eliminate outages by 2018
ISLAMABAD: Minister of State for Water and Power Abid Sher Ali claimed that 1,500 to 2,000MW of electricity will be...
103m SIMs verification: Govt cuts Nadra charges to Rs10; waives off ST on replacement of SIMs
ISLAMABAD: Under the National Action Plan, the government has decided to re-verify 103 million cellphone SIMs in phased-wise plan and...
Clearance of dues: LSE restores trading in Pace Pakistan TFCs
LAHORE: The Lahore Stock Exchange has restored trading in the term finance certificates (TFCs) of Pace (Pakistan) Ltd. As per...
Rs1b project: Novatex, Dubai Islamic Bank join hands for expansion of PET resins plant
KARACHI: Novatex Limited has signed an agreement of Rs1 billion with Dubai Islamic Bank Pakistan Limited (DIBPL) for expansion of...
Khalid Rahman appointed new MD of SSGC
KARACHI: Ministry of Petroleum and Natural Resources has appointed Khalid Rahman as the Managing Director of Sui Southern Gas Company...
17 out of 29 issues offered: SECP approves book-building regulations 2015
ISLAMABAD: Continuing the practice of both the developed and emerging markets, the Securities and Exchange Commission of Pakistan (SECP) has...
Rs1.64 relief for consumers: Nepra cuts K-Electric tariff on monthly fuel adjustment
ISLAMABAD: Taking up the Central Power Purchasing Agency (CPPA) petition for relief to consumers of K-Electric, the National Electric Power...
