Rs82 billion plan unveiled for the agriculture sector

Talking about crop yield, Mr Sultan shared an investment of Rs4 billion will be done via promoting mechanisation

Cash-strapped Pakistan should pursue clean energy instead of relying on coal, says report

Simon Nichols, an energy finance analyst with the institute, told that China is dumping its dirtier coal-fired systems on developing nations while leading the world in renewable resource systems that will find a market in developed countries as they move away from fossil fuels

Govt developing export-oriented policies to enhance exports

Secretary Textile said energy tariffs for export industries were being subsidized to secure their competitive edge in the international market

LPG prices not to be increased, says Sarwar

Ghulam Sarwar made a task force under Babar Nadeem, which would make recommendations on issues of oil refineries and would present the recommendations in next CCoE

Federal cabinet to decide subsidy for captive power plants tomorrow

ISLAMABAD: In an apparent bid to provide a subsidy to “influential” owners of captive power plants, the Petroleum Division, on the advice of the...

‘Pakistan can achieve 30pc renewable energy generation by 2030’

As renewable energy is now the cheapest form of electricity generation in Pakistan, the government could reduce its reliance on expensive power...

SECP, SBP asked to expedite work on FATF action plan

ISLAMABAD: Finance Minister Asad Umar on Wednesday chaired focused meetings with the Securities and Exchange Commission of Pakistan (SECP) and State Bank of...

Railways minister vows Rs10bn profit in FY19

RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed on Wednesday said that the department has set a target of receiving Rs10 billion in profit margins...

CPEC must be materialised without further delay: Sartaj Aziz  

'A knowledge corridor under CPEC will help Pakistan bridge the gap between artificial intelligence and technology' ISLAMABAD: Former finance minister Sartaj Aziz has said...

Pakistan’s trade with South Asia can rise eightfold: WB

'Average tariff in South Asia is more than double the world average' ISLAMABAD: Regional trade can create many more jobs and make Pakistan prosperous...

Asad Umar refutes resignation rumours

ISLAMABAD: Finance Minister Asad Umar on Wednesday refuted the rumours of his resignation from the post. Talking to a private TV channel, Finance...

KSE-100 index nosedives over 800 points in intra-day trading

It nosedived to an intra-day low of 38,719.62 points, down 883.25 points on Wednesday

China confident it can clinch U.S. trade pact, Trump demands “real deal”

In a brief statement on its website, the ministry said China would try to work quickly to implement specific issues already agreed upon, as both sides “actively promote the work of negotiations within 90 days in accordance with a clear timetable and road map”

IMF at initial stage of assessing how much funding Pakistan requires for a bailout: Report

Ms Sanchez said that the IMF doesn’t micromanage countries and instructs as to which development and investment projects they should carry out

Pakistan negotiating $2 billion commercial loans with China: Report

Contrarily, another official stated no progress had been made on market access with China