Telecom service providers are development partners of govt: minister

ISLAMABAD: Punjab Finance Minister Dr Ayesha Ghaus Pasha has said that the telecommunication service providers are development partners of the provincial government...

ACCA hosts thought leaders at ‘Pak Leadership Conversation’

ISLAMABAD: The Association of Chartered Certified Accountants (ACCA) is one of the world’s most forward-thinking global bodies of professional accountants, supporting its...

QASPL to be privatised despite NAB’s inquiry into alleged corruption

ISLAMABAD: The government of Punjab is still proceeding aggressively to privatise Quaid-e-Azam Solar Power Ltd. (QASPL) despite the institution being under investigation by...

Strong manufacturing base key to 7pc growth rate, says Haroon Akhtar

ISLAMABAD: Special Assistant to the Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said the government is aware of the need...

Contract for country’s first supercritical coal-fired power project in Jamshoro signed

JAMSHORO: The management contract of Jamshoro Coal-Fired Power Project was signed between the Jamshoro Power Company Limited (GENCO) and Siemens Harbin Electric...

OGRA approves Rs5.26 relief in petrol prices

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) proposed a Rs5.26 per litre relief in prices of petroleum on Friday. In a detailed summary sent by...

CCoP expected to give clearance to K-Electric sale

ISLAMABAD: The Cabinet Committee on Privatization (CCoP) meeting scheduled for Friday is set to take-up and give clearance for K-Electrics acquisition by...

FBR proposes rise in taxes on edible oil imports

ISLAMABAD: A rise in taxes on import of edible oil in next financial year's budget for 2018-19 has been requested by the...

Punjab to impose 5 percent tax on Uber, Careem in upcoming FY 2018-19 budget

LAHORE: Punjab’s next financial year’s 2018-19 budget is expected to introduce taxes for ride-hailing services like Uber and also rent-a-car services. The provincial...

Irsa estimates 31 percent water shortage during early Kharif season

ISLAMABAD: Indus River System Authority (IRSA) has issued calls for the construction of two dams to counter the worsening water shortage which...

ML-I railway line faces delays amidst cost differentials

ISLAMABAD: The ML-I project of Pakistan Railways once again faces delays as the Chinese projected cost of first segment of the scheme...

Govt denies it would seek IMF bailout, aims to raise $10.6 during last quarter of FY 2017-18

ISLAMABAD: The government denied it would be making any formal request to the International Monetary Fund (IMF) for a bailout. The government is...

Economic survey to be revealed on 26th April

ISLAMABAD: With the budget announcement looming, the government is expected to release the economic survey for present financial year 2017-18 on April...

Common standards for SAARC countries on food items approved

LAHORE: South Asian Association for Regional Cooperation (SAARC) nations have approved harmonised and uniform standards for three food items. While the final common...

Contract inked for 660MW power production of JCFPP

ISLAMABAD: An Engineering, Procurement, and Construction (EPC) contract for the first unit with a capacity of 660MW (out of two units of 660MW each), and...