K-Electric claims power shortfall due to low gas supply, SSGC denies claim
KARACHI: Due to a reduction in gas supply, 500MW gas fired plants are currently not operational in Karachi and creating an additional...
JS Bank partners with Engro Foods to empower dairy sector
KARACHI: Working to build sustainable livelihoods for the people of Pakistan through monetary support and knowledge transfers, JS Bank has collaborated with...
As SUV demand surges in U.S, automakers flood market with new models
NEW YORK: Demand for sport utility vehicles in the United States is booming, but the number of new models vying for a...
Sindh pushes to increase renewable energy footprint: Report
KARACHI: The Sindh government has formulated a framework to tackle the environmental, social and resettlement impact which could come due to its...
Govt contemplating to resuscitate disbanded PEPCO
ISLAMABAD: The power division has formulated a proposal to resuscitate disbanded Pakistan Electric Power Company (PEPCO), which targets to controlling uncurbed power...
China warns U.S not to open pandora’s box, spark global trade wars
BEIJING: China warned the United States on Thursday not to open Pandora’s Box and spark a flurry of protectionist practices across the...
Karachi ranked 3rd amongst fifty cities for total consumer market growth: Report
LAHORE: A Euromonitor survey on “Top Five Cities for Consumer Expenditure in 2018” has said Karachi and other cities would contribute to...
SBP expected to hike interest rates by 25 to 50 basis points for next two months
KARACHI: The State Bank of Pakistan on Friday is expected to hike the interest rates for coming two months in its monetary...
Bureaucracy to conform to procedural requirements for release of funds
ISLAMABAD: All procedural requirements for funds disbursement under orders of the Prime Minister will now be conformed to by the bureaucracy.
This happened...
Government unwilling to offer tax benefits to dairy sector
ISLAMABAD: The upcoming budget for financial year 2018-19 is not expected to provide any tax relief for the country’s dairy sector, despite...
Pakistan seeks financial help from China, Saudi Arabia to avoid IMF bailout
ISLAMABAD: Pakistan has reached out to close friends China and Saudi Arabia to provide it with $6 to $8 billion in form...
AGP office unwilling to conduct pre-audit of Rs80b circular debt payment
ISLAMABAD: The Audit General of Pakistan (AGP) has shown unwillingness to carry out a pre-audit of circular debt, jeopardizing government’s plan to...
President KCCI to inaugurate ICT Gala 2018 on Friday
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik will inaugurate ICT Gala 2018 being organised by Pakistan Computer...
FPCCI, GPCCI sign MoU to enhance business, trade
LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Greek-Pakistan Chamber of Commerce and Industry (GPCCI) on Wednesday signed a...
Rs24,489.515mn released for various water, power projects so far
ISLAMABAD: The Planning Commission has released a total of Rs24,489.515 million against the total allocation of Rs102,304.807 million in annual Public Sector...