Ogra recommends price cut of Rs3.67 in price of petrol for August

Islamabad: As the frenzy surrounding Panamagate fades after the removal of the Prime Minister Nawaz Sharif, Oil and Gas Regulatory Authority (OGRA)...

ICCI calls for uniform sales tax countrywide to improve tax revenue

ISLAMABAD Islamabad Chamber of Commerce and Industry (ICCI) President, Khalid Iqbal Malik has called upon the government to consider one-tax-one-nation regime by introducing...

PM disqualified: business communities hail SC decision

KARACHI The business communities in Pakistan hailed the decision of Supreme Court of Pakistan in ongoing Panama case against ruling Prime Minister Nawaz...

First unit of Neelum Jhelum Hydropower Project likely to start generation by Feb 2018

ISLAMABAD The strategically important Neelum Jhelum Hydropower Project (NJHP) is fast heading towards its completion and is scheduled to start electricity generation with...

Five companies from Pakistan make Forbes “Best under a billion list”

Lahore: Forbes Asia has listed five companies from Pakistan in its “Best under a Billion List” which it published on the 26th...

Stocks roll up and down, settle flat as Panama dust settles

LAHORE: In a unanimous decision, the Supreme Court (SC) has disqualified Prime Minister (PM) Nawaz Sharif in the eagerly awaited Panamagate verdict today....

Balloki power plant’s 9HA gas turbine successfully completes its first fire-test

Lahore: The 9HA gas turbine installed for the Balloki Power Plant in Patoki has successfully completed its first fire test as reported...

Parliamentary panel asks commerce ministry to give report on mitigating new industrial trends

Islamabad: Senate Standing Committee on Commerce Thursday sought report from ministry of commerce on steps to mitigate new issues in industries and...

Business community lauds govt decision to provide Rs15b for textile sector

Islamabad Chamber of Small Traders Thursday lauded the decision of the government to provide Rs 15 billion to the textile sector. Textile sector...

Fifty-percent of oil tankers do not meet safety guidelines: OGRA

Islamabad: It has been reported that fifty-percent of fuel tankers do not comply with the stipulated safety guidelines, said Oil and Gas...

Government pledges guarantees of Rs175b for construction of third LNG pipeline

Islamabad: The government has pledged to provide guarantees worth Rs175b for building a third Liquefied Natural Gas (LNG) pipeline for provision of...

Nepra penalizes Lesco and Hesco for prolonged power outages

Islamabad: Lahore Electric Supply Company (LESCO) and Hyderabad Electric Supply Company (HESCO) on Thursday were fined Rs9m by the National Electric Power...

Country to get 660MW power from Thar Coal by early 2019

ISLAMABAD The Thar Coal-Fired Power Projects of 660 MW are sailing smoothly, as the first phase would begin commercial operations about four months...

Punjab Food Authority Regulations 2017 found to contain multiple anomalies

ISLAMABAD by Raja Faisal Punjab Food Authority (PFA) regulations 2017, does not only contain mistakes but it unnecessarily subtracts dairy drink standards while updating...

FOREX reserves melt to $20.436bn amid dropping exchange rates

KARACHI Pakistan’s FOREX reserves, which were at their peak at $ 24.026 billion in last October 2016, are now under immense pressure and...