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...

Non-payment of subsidy adding to fertilizer manufacturers’ woes

ISLAMABAD: As the next budget is likely to be announced by the end of April, the government has yet to fulfill the commitments...

Monetary policy for next two months to be announced today

ISLAMABAD: Economists have dubbed the devaluation of rupee against dollar a preface to  horrendous of inflation. The monetary policy for the next...

Pakistan has become a country of opportunity for German investors: Envoy

ISLAMABAD: Special Assistant to the Prime Minister on Revenue, Federal Minister and Senator, Haroon Akhtar Khan has said the resolve and sacrifices...

Miftah Ismail reviews performance of National Savings

ISLAMABAD: Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Thursday, chaired a meeting to review the performance of National Savings. National...

APTMA delegation meets Miftah Ismail

ISLAMABAD:  A delegation of All Pakistan Textile Mills Association (APTMA) had a meeting with Adviser to Prime Minister on Finance Dr Miftah...

CDWP approves 33 projects worth Rs50.5 billion

ISLAMABAD: Central Development Working Party (CDWP) approved 33 projects worth Rs50.5 billion out of which two projects worth Rs22.5 billion were referred...

Market Daily: PSX settles up amid SBP policy announcement 

LAHORE: The Pakistan Stock Exchange (PSX) carried forward its momentum from the second half of the last session and moved north. The market...

ECC allows OMCs to charge masses with Rs48 crore under custom duties

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has granted the approval to Oil Marketing Companies (OMCs) to charge the masses with...

APTMA sends budget proposals to finance minister

KARACHI: In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has said that the availability of electricity at regionally competitive prices is of...

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...