Draft Water Policy to be tabled in CCI meeting on Wednesday

ISLAMABAD: The draft National Water Policy which has been marred by delays has proposed establishment of water resources on a priority basis...

Rupee depreciates to Rs118 against US dollar amid economic strains

LAHORE: The rupee depreciated Rs7.5 against the US dollar to Rs118.0 in the inter-bank market on Tuesday morning compared to its closing...

CAP pushing EDB to permit imports of heavy construction machinery for CPEC

ISLAMABAD: Contractors Association of Pakistan (CAP) is pushing the Engineering Development Board (EDB) to permit imports of heavy construction machinery, Euro-II compliant...

Unilever to invest $120 million for expansion of manufacturing operations across Pakistan

KARACHI: Unilever Pakistan on Monday announced a foreign direct investment of $120 million for expanding its manufacturing operations across the country over...

Govt gives go-ahead to construct Diamer-Bhasha dam

ISLAMABAD: After a prolonged delay, Pakistan on Monday gave go-ahead for the establishment of Diamer-Bhasha dam at an initial cost of Rs625...

PSX officials express hope govt to resolve tax problems affecting bourses growth

KARACHI: A meeting held between Pakistan Stock Exchange’s (PSX) officials and Adviser to Prime Minister on Finance Miftah Ismail was held on...

POL products’ consumption up by 9.7 pc, production by 3.2 pc

ISLAMABAD: The consumption of petroleum products registered a growth rate of 9.7 per cent during the fiscal year 2016-17 as compared to...

Tractor production grew by 50.23 pc in seven months of current FY

ISLAMABAD: Tractors manufacturing in the country witnessed 50.23 per cent growth during first seven months of the current financial year as compared...

Telecom sector grows at rapid pace in four years

ISLAMABAD: Growth momentum of the telecommunications sector in the country has grown at a rapid pace and undergone an impressive transformation over...

BISP, NRSP sign $35 mn agreement on business incubation programme

ISLAMABAD: Benazir Income Support Program (BISP) and the National Rural Support Programme (NRSP) Monday signed a Memorandum of Understanding (MoU) to lay out...

One-window operation urged to avoid unnecessary delays in CPEC execution

ISLAMABAD: The government remains optimistic about CPEC amidst provincial and regional concerns of tax exemptions to a Chinese company and lack of clarity...

China, Belt and Road countries’ trade volume amounted to $1.1 trillion last year

BEIJING: Last year, trade volume between China and countries along the Belt and Road amounted to $1.1 trillion, up 14.8 per cent...

CPEC instrumental for economic prosperity in the region: Masood Khan

MIRPUR: Azad Jammu and Kashmir President Sardar Masood Khan Monday said China-Pakistan Economic Corridor (CPEC) was instrumental in the economic prosperity of...

Govt depending on non-tax revenue, borrowing to generate surplus budget: APBF

LAHORE: The All Pakistan Business Forum (APBF) has asked the government to take immediate measures as Pakistan’s medium-term debt repayment capacity has...

PCJCCI identifies potential sectors for Pak-China joint ventures

LAHORE: Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has identified seven high potential sectors for joint ventures and investment between Pakistan...