Business
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NEPRA slashes power tariff by Re1/unit, users to get relief for 3 months
ISLAMABAD: NEPRA has reduced power tariff by Rs 1 per unit against fuel adjustment surcharge in respect of K electricity....
1,860MW power projects to end energy crisis: Khawaja Asif
ISLAMABAD: Minister for Water and Power Khawaja Muhammad Asif has said that the government has decided to end energy crisis...
Sensing Rs18b scam: CNG traders, transporters up the ante against LNG import
KARACHI: Describing it a mega scam to con out the public of around $180 million or Rs18 billion per year,...
$45.6b Chinese investment: Iqbal sees entire region revolutionised by 2025
ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal asserted that the proposed Chinese invest to the tune of $45.6...
Australia set to cut 5pc tariff on Pakistani textile
KARACHI: With a view to help Pakistan balance its trade, the Australian government will slash import tariff on Pakistani textile...
$4b privatisation of SOEs, PIA in doldrums post OGDCL failed sale of 313m shares at Rs216
ISLAMABAD: The government scrapped Oil and Gas Development Company’s (OGDCL) transaction after investors subscribed to only half of the total...
After Rs2.885b loan, NBP to give commercial vehicles to youths
KARACHI: A Memorandum of Understanding (MoU) has been signed between the National Bank of Pakistan (NBP) and Master Motors, one...
NFML wants urea import on USC pattern as country needs 3.086m tonnes
ISLAMABAD: The National Fertilizer Corporation Limited (NFML) has suggested to the government to allow import of urea and DAP fertilizer...
APTMA efforts bear fruit as SNGPL announces gas for textile industry
LAHORE: The Punjab textile industry will enjoy the gas during whole the winter as the Sui Northern Gas Pipelines Limited...
40,000mt coal import fraud: Court awards 36yrs jail, $2.4m fine to 3 accused
RAWALPINDI: A Rawalpindi accountability court sentenced three accused including former project director of Nizampur Cement Plant for 36 years imprisonment...
590MW Mahl Hydropower Project to cost $1,200m
ISLAMABAD: A letter of Interest (LoI) for the construction of 590 MW Mahl Hydropower Project, having estimate cost of $1,200...
50000MW target: PPIB issues LoI of 590MW to Chinese firm blacklisted for 3yrs by WB
ISLAMABAD: The government has issued Letter of Interest (LoI) to CWE Investment Corporation, a company owned by China Three Gorges...
0.6m tons required for Rabi: NFML seeks urea, DAP import pattern on USC
ISLAMABAD: The National Fertilizer Corporation Limited (NFML) has suggested to the government to allow import of urea and DAP fertilizer...
Commerce Ministry launches hunt for competent Additional Secretary
ISLAMABAD: In the wake of ongoing developments and seriousness of challenges confronted by Pakistan on both the foreign and domestic...
Domestic debt composition major culprit behind public debt increase: Finance Ministry
ISLAMABAD: The Finance Ministry has termed composition of domestic debt as main reason for the increase in public debt, Customs...
Pakistan Steel Mills needs Rs 500 million boiler
KARACHI: The Pakistan Steel Mills (PSM) needs a new boiler worth Rs 500 million to continue production. PSM spokesman Shahzam...
KCCI wants EU to help Pak exporters benefit from GSP Plus
KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Iftikhar Ahmed Vohra, has asked the European Union countries...
Reserves to reach $15b by Dec from $13.443b in Oct up 11.582 % with $500 sukuk & $1.1b IMF: Dar
ISLAMABAD: Finance Minister Ishaq Dar has said that foreign currency reserves will be increased up to $15 billion till December...
No gas for CNG stations, industries in Punjab for 4 months
ISLAMABAD: Punjab motorists and industrialists have to face problems as there will be no gas for CNG and industrial sectors...
Australia to assist Tevta for promotion of technical education
LAHORE: Australia will provide technical assistance to Technical Education and Vocational Training Authority (TEVTA) for the promotion of technical education...
