FMPAC riles over non-disbursement of fertilizer subsidy claims

Karachi: On Tuesday, Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) denounced the government for not having disbursed the pending claims to the...

Pakistan Railways revenues have touched Rs50 billion says: Saad Rafique

Prime Minister Shahid Khaqan Abbasi on Tuesday chaired a brief meeting about Pakistan Railways at the PM office. The meeting was informed that...

Pakistan fears Afghanistan may not allow to use its land routes for goods transportation to ECO members

Islamabad: Due to worsening relationship with Afghanistan, Pakistan is concerned that the former may not allow the use of its territory for...

Prime Minister chairs meeting of ECC

Islamabad: Prime Minister Shahid Khaqan Abbasi on Tuesday chaired a meeting of the Economic Coordination Committee (ECC) here in PM Office Islamabad. ECC...

Dawood Hercules set to acquire Jazz’s tower business for $940 million

Lahore: Dawood Hercules Corporation Limited (DHCL) in partnership with Edotco has entered into an agreement with Veon Pakistan Limited to acquire its...

PIA caused Rs47.3b loss to the national exchequer

Islamabad: In a startling revelation, it has been learnt that PIA has caused loss of Rs 47.3 billion to national exchequer. The...

Pakistani’s emerge as third biggest investor in Dubai’s real estate sector

Islamabad: Pakistan has emerged as the third largest real estate investor in Dubai, reveals Dubai Land Department (DLD). According to a private news...

Chinese hybrid rice to produce 18 tons per hectare record yield

Lahore: Rice growing experts on Tuesday said that the launch of Chinese Hybrid rice in Pakistan would bring revolution in rice production...

SBP governor Tariq Bajwa announces to revive import and export committee

Karachi: The governor State Bank of Pakistan (SBP) Tariq Bajwa announced to revive the Import and Export Committee with two directors on...

Senate body recommends reassessment of 1pc census blocks

Islamabad: The senate standing committee on privatization and statistics Tuesday recommended reassessment of one percent of census blocks to build up credibility...

Dar to lose revenue division after appointment of Haroon Akhtar

Islamabad: Finance Minister Ishaq Dar, who has lost various divisions, organizations and committees after the formation of new cabinet by Prime Minister,...

Axiata nearing deal to acquire Veon’s Pakistan tower business for $1 billion: Bloomberg

Lahore: Bloomberg has reported that Malaysia’s biggest mobile operator Axiata Group is negotiating with Veon Limited to acquire its wireless towers business...

Punjab provides Rs1.5 billion aid to AJK for its education sector

Muzaffarabad: The government of Punjab has provided RS1.5 billion as aid to Azad Jammu and Kashmir (AJK) government for the betterment of...

Puma Energy acquires 51pc stake in Pakistani OMC Admore

Karachi:Puma Energy Limited, whose largest shareholder is commodities trader Trafigura has inked an agreement with Admore Gas Private Limited to acquire 51pc...

Railways ministry planning to establish cross-border rail link

Islamabad: The Ministry of Railways is planning to connect Peshawar with Afghanistan’s Jalalabad through rail link in order to facilitate the people...