Business

MITHI: Former President and Pakistan People’s Party Co-Chairman Asif Ali Zardari has directed the Sindh government to complete installation work...

2.5 kanals in Sector F-12 retrieved: CDA continues anti-encroachment drive

ISLAMABAD: The Capital Development Authority (CDA) has continued its anti-encroachment drive and carried out an operation in Dhoke Chora in...

220kv Malakand grid station: Senate body to distribute cheques to land owners on Jan 30

ISLAMABAD: The Senate Standing Committee on Water and Power directed to expedite work on the much delayed 220KV Malakand grid...

Violation of Section 4 of Competition Act, 2010: CCP raids PBA secretariat

ISLAMABAD: The Competition Commission of Pakistan (CCP) has raided Pakistan Broadcasters Association’s (PBA) secretariat in Karachi to examine whether the...

12% growth: SECP registers 2,192 companies in 6 months of FY 2014 against 1,950 in 2013

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered 2,192 new companies during first half (July-December) of current...

103m SIMs verification: Nadra charges cut to Rs10; govt to waive 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...

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

byM. Usman Tariq

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