Chinese company set to construct $2.7bn Kohala Hydropower Project: officials

The construction period of over six years will provide thousands of job opportunities to people of AJK ISLAMABAD: In another major development in...

878km HVDC transmission line project achieves financial close

The Matiari-Lahore transmission line is scheduled to commence commercial operations by March 2021 The facility will primarily be utilised to transmit...

PSX closes 128 points lower as Pak-India tensions soar

The index lost over 1,500 points in intraday trading KARACHI: Trade floors turned red on Wednesday as tensions between India and Pakistan escalated,...

India’s economy seen losing momentum ahead of election

NEW DELHI: India's economy appeared to be losing momentum in the approach to a general election that must be held by May,...

Govt’s performance evident from positive economic indicators: Hammad Azhar

ISLAMABAD: The overall economic indicators have shown a positive growth owing to the prudent policies of the incumbent government, State Minister for Revenue...

‘Govt to prioritise less-developed areas under next PSDP’

ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has said that the incumbent government is pursuing a regional equalization development strategy to...

ECC approves 46.4m for families of deceased Petroleum Division employees

Committee also approves Rs200m supplementary grants to Balochistan govt under the ‘Pur Aman Balochistan Policy’ ISLAMABAD: The Economic Coordination Committee of the Cabinet...

PM orders refund of additional payments received from gas consumers

ISLAMABAD: Prime Minister Imran Khan on Tuesday directed the gas authorities to return the additional payments received from consumers and to take action...

Saudi investors invite PFC to form JVs in furniture sector

ISLAMABAD: Saudi investors, in the wake of their recent visit to Pakistan as members of Crown Prince Muhammad bin Salman's entourage, have invited...

Trade bodies urged to supplement govt’s export enhancement drive

ISLAMABAD: Directorate General of Trade Organizations (DGTO) Director General Waqar Ahmad Shah has called upon the trade bodies and associations to supplement the...

PSX plummets 785 points as geopolitical tensions escalate

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed bloodshed on Tuesday, as the geopolitical tensions between India and Pakistan kept the market...

ADB, Pakistan sign $75m loan agreement to upgrade Mardan-Swabi Road

The Asian Development Bank (ADB) and the Government of Pakistan have signed a loan agreement for $75 million to widen and upgrade...

Money launderers deserve no concession, maintains PM

–PM reviews steps to counter money laundering, financial corruption –Six banks fined Rs 247m over fake bank accounts: SBP –Foreign remittances up by 12.5pc after govt...

SNGPL launches crackdown against gas theft

Sui Northern Gas Pipeline Limited has launched a crackdown against gas theft. In this connection, a press conference was organised at SNGPL...

RCCI to organise ‘Business Africa Trade Forum’ tomorrow

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) would organise “Business Africa Trade Forum” tomorrow (Tuesday). RCCI President Malik Shahid Saleem, while giving...