$1490mn worth agreements signed for 990MW Thar coal power projects

ISLAMABAD: The implementation agreements of two Thar coal-based power generation projects totaling 990 MW were signed on Thursday at the Private Power...

Cost of corruption to businesses 20 per cent in Pakistan: DG NAB 

KARACHI: National Accountability Bureau (NAB) Director General Altaf Bawany quoted that corruption increases the cost of doing business in Pakistan by nearly 20...

ECC approves procurement of wheat, decides to facilitate sugar mills

ISLAMABAD: Economic Coordination Committee of the Cabinet has approved the procurement target of 6.1 million tons of wheat for the current fiscal...

Market Daily: KSE-100 plummets 368.44 points

LAHORE: The KSE-100 witnessed some major swings, plummeting 500 points initially on hefty profit-taking. However, recovery towards the end (132 points recovery...

Govt to reduce duty on solar batteries

LAHORE: The government is planning to reduce duties on lithium batteries to promote their usage in solar power plants, reported a private...

Miftah rejects IMF report over deteriorating economy

LAHORE: Adviser to Prime Minister Miftah Ismail rejected an International Monetary Fund (IMF) assessment pointing towards the deteriorating condition of the Pakistan’s...

PSX set to launch ETF this year: Morin

KARACHI: Pakistan Stock Exchange (PSX) CEO Richard Morin said on Thursday an exchange-traded fund (ETF) will be launched on the bourse in the second...

FBR attaches NTDCL accounts over non-payment of tax

LAHORE: The Federal Board of Revenue (FBR) on Wednesday, attached National Transmission and Despatch Company Limited’s (NTDCL) entire bank accounts for failing to...

Government approves Rs93bn for energy sector

LAHORE: The federal government on Wednesday approved financing worth Rs93 billion for the energy sector, at a meeting of the Economic Coordination...

Sugarcane pricing unsettling farming community

ISLAMABAD: The Senate Standing Committee on Food Security and Research has been told that the full price of sugarcane is not being paid...

Govt committed to an economically strong Pakistan: Ahsan Iqbal

  ISLAMABAD: Minister for Planning, Development and Reform Dr Ahsan Iqbal Wednesday said the government was committed to create an economically strong Pakistan...

Iran signs deal with China to connect key port to rail network

TEHRAN: China will build a train line connecting the Iranian port of Bushehr to the rest of the country's railway network under...

Finland ready to help Pakistan in health, energy and forest sectors

ISLAMABAD: The Roving Ambassador-designate of Finland to South Asia Harri Kämäräinen along with Honorary Consul of Finland in Pakistan Asad Ansari visited Islamabad...

Daniyal Aziz: PSM privatisation to continue, liabilities to be settled

ISLAMABAD: Federal Minister for Privatisation Daniyal Aziz chaired a high-level meeting with the officials of Sui Southern Gas Company Limited (SSGCL), National...

Ship container service connecting Gwadar to the UAE starts

KARACHI: The first ever container vessel 'MS TIGER' under the CPEC (China Pakistan Economic Corridor) project has arrived at Gwadar Port. Pakistan...