NEPRA approves Rs2.28 per unit cut in power tariff
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved 2.28 rupees per unit cut in lieu of fuel price adjustment formula for...
Higher tax burden on non-filers in next budget: Haroon Akhtar
KARACHI: Special Assistant to Prime Minister on Finance Haroon Akhtar Khan has said that there will be no new tax in the...
Technological advancement, CPEC key to Pakistan’s progress
LAHORE: Technological advancement and the China-Pakistan Economic Corridor (CPEC) hold key to the country’s progress, speakers at a moot agreed on Tuesday.
The conference...
Commerce ministry holds another round of consultations with industry on CPFTA
ISLAMABAD: In order to finalise its offer lists before the next round of China Pakistan Free Trade Agreement (CPFTA) Phase II, the...
Shanghai Electric re-initiates intent to acquire K-Electric
LAHORE: The Shanghai Electric Power Company Limited in a stock market notification sent through its manager to offer Arif Habib on Tuesday...
Japan extends $27.3 million aid to Pakistan
ISLAMABAD: The governments of Pakistan and Japan would be signing an agreement on Tuesday to provide financial assistance to Pakistan’s Economic and...
FIA opposes sale of K-Electric till clearance of dues assured
KARACHI: The sale of majority shareholding of K-Electric to Shanghai Electric Power has been opposed by the Federal Investigation Agency (FIA).
FIA investigation...
Pakistan consuming forex reserves at quickest rate across Asia: Report
LAHORE: Pakistan is burning through its foreign exchange reserves at the quickest rate across Asia even surpassing Cambodia, an economy less than...
OGRA computes RLNG transportation cost to Punjab at Rs81 per mmbtu
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has computed the transportation cost of Regasified liquefied natural gas (RLNG) to Punjab at Rs81...
Govt contemplating decreasing income tax rates for salaried class in upcoming budget
ISLAMABAD: The incumbent government is contemplating to decrease income tax rates for salaried class individuals in the upcoming budget, aiming to reduce...
Govt to appoint technical experts at exorbitant salary packages
ISLAMABAD: With merely two months left to finish in the current government’s five-year tenure, it has allowed all ministries and divisions to...
Hybrid rice to have 50 percent share of total cultivated area in next three years
LAHORE: An industry official on Monday said high-yielding hybrid rice seed coverage area would increase from current 25-30 percent to over 50...
Alibaba wants Pakistani exporters to get listed on its B2B electronic portal
KARACHI: Alibaba Group, the Chinese e-commerce behemoth wants Pakistani exporters to get listed on its business-to-business (B2B) electronic portal, said a company...
Inflation of around 6 percent, beneficial for economy’s growth: SBP report
KARACHI: A report titled ‘Threshold Inflation in Pakistan’ released by the State Bank of Pakistan on Monday stated if the inflation remained...
LCCI chief urges Greek businessmen to enhance trade
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Malik Tahir Javaid said on Monday that average trade around $70 million between...