ADB, partners review financial preparedness for disaster response in Pakistan
ISLAMABAD: The Asian Development Bank (ADB), the Department for International Development (DFID) of the United Kingdom, and German development cooperation through KfW...
Deadlock persists in Kishanganga dispute, WB working to protect Indus Waters Treaty
LAHORE: The World Bank is working in conjunction with Pakistan and India to find an amicable solution over the recent differences regarding...
NEC gives go-ahead to Rs1.030 trillion federal PSDP budget for FY19
ISLAMABAD: National Economic Council (NEC) amidst the boycott by three provincial chief ministers gave go-ahead to a Rs1.030 trillion federal development budget...
Nepra approves Rs1.86 per unit cut in power tariff
ISLAMABAD: The power regulator refused the request to raise electricity tariff by 44 paisa per unit and directed power distribution companies (DISCOs)...
NWP approved by CCI, seeks development budget rise for water resources to 10 pc by 2019
ISLAMABAD: Pakistan’s first National Water Policy has been approved by the Council of Common Interests (CCI) on Tuesday with the consensus of...
Cigarettes prices could rise, as govt mulls raising taxes
ISLAMABAD: The government is contemplating to increase the tax on cigarettes in the upcoming budget for the financial year 2018-19 set to...
Annual Plan 2018-19 projects 6.2 percent economic growth rate & 6 percent inflation
ISLAMABAD: The Annual Plan 2018-19 approved by the National Economic Council (NEC) headed by the Prime Minister Shahid Khaqan Abbasi projected a...
Govt projects average growth rate of 6.7 percent under 12th Five Year Plan
ISLAMABAD: The National Economic Council (NEC) on Tuesday gave go-ahead to the 12th Five Year Plan amidst a boycott by the three...
Pakistan now viewed as hub of regional connectivity: Mushahid
KARACHI: Senator Mushahid Hussain has said that CPEC has already yielded dividends, with 22 Early Harvest Projects on track in energy, infrastructure,...
Senate panel approves amnesty scheme with amendments
Members belonging to Pakistan Tehreek-e-Insaf, Pakistan Peoples Party and others joined hands to introduce amendments to the bill.
Finance Ministry, NICL express inability for reinsurance of Punjab’s 2460MW power plants
ISLAMABAD: The Ministry of Finance and the National Insurance Company Limited (NICL) have so far expressed their inability to offer reinsurance for $1 billion...
Govt set to launch ‘Economic Survey 2017-18’ this Thursday
ISLAMABAD:Â The government is all set to launch the Economic Survey 2017-18 on Thursday, April 26, to share key economic indicators and the...
Increased economic cooperation between Pak, Russia urged
KARACHI: Sindh Board of Investment’s Chairperson, Naheed Memon on Tuesday emphasized the need for increased economic and regional cooperation and bilateral trade...
ICI Pakistan announces financial results with 16pc growth
KARACHI: The Board of Directors of ICI Pakistan Ltd Wednesday announced unconsolidated Profit after Tax (PAT) for the quarter at Rs1,002 million is 16...
Market Daily: KSE 100 gains 504.74pts, settles at 45876.7
LAHORE: Market watchers in Tuesday’s session disregarded the decision of the National Assembly Standing Committee on Finance to unanimously reject two bills...