Auto-parts industry on brink of collapse

Increase in regulatory duties hurting auto-parts industry, on the brink of collapse and endangering 200,000 jobs  Karachi: Regulatory duties imposed by the government...

Balochistan being explored for metallic mineral deposits

Rs 56.7m to be spent on surveying and evaluating metallic mineral deposits in Balochistan. Islamabad: The government has launched an ambitious plan for...

Government to spend Rs37.97m on appraisal of coal reserves

Rs37.97m to be spent on appraisal of coal reserves Islamabad: The government will spend Rs37.97 million more on the appraisal of huge coal...

Wapda seeks 98pc rise in hydel generation tariff

KP demands 390pc increase in net hydel profit, Wapda seeks rise of 98pc in hydel tariff per unit Islamabad: The Khyber-Pakhtunkhwa (KP) government has...

Benchmark falls below 50,000 points amid selling spree

KARACHI Another disappointing session was witnessed on Thursday, where the market could not advance due to selling spree in heavy-weight sectors like oil &...

Pak-Turkey FTA negotiations in Ankara

Agreement set for signing on Aug 14 Islamabad/Ankara: In search of a final agreement, the seventh round of negotiations on Free Trade Agreement...

Pakistan FDI inflows increase 56pc due to CPEC: UN report

Pakistan FDI inflows increase 56pc due to CPEC Islamabad: A United Nations (UN) report entitled ‘World Investment Report 2017: Investment and the Digital...

KP allocates Rs65.7b to health sector in budget for FY 2017-18

Rs65.7b allocated to the health sector Peshawar The Khyber-Pakthunkhwa government on Wednesday allocated Rs65.7b for the health sector in the budget of financial year (FY) 2017-18. The...

FBR collects Rs2b taxes on property transactions under amnesty scheme

Rs2b collected in taxes on property transactions by the FBR Karachi The Federal Board of Revenue has been successful in collecting Rs 2b in...

Rs5177.305m released for communications division projects under PSDP

The government has released Rs 5177.305 million for Communications Division projects excluding National Highway Authority (NHA) schemes under Public Sector Development Programme (PSDP) so far. An...

Rs41b approved by ECC to pay IPPs and PSO’s outstanding dues

Rs41b approved by ECC for payments to IPPs and PSO Islamabad The circular debt and power outages issue continues to create nightmares for the...

13 coal power plants on the verge of completion

Islamabad Six power generation projects based on indigenous coal with cumulative capacity of 4,290 megawatts and seven projects based on imported coal with...

LNG imports from Qatar unaffected says: Shahid Khaqan Abbasi

LNG imports from Qatar to continue Karachi Shahid Khaqan Abbasi, Minister for Petroleum and Natural Resources on Wednesday gave a statement clarifying that LNG...

Concerted efforts sought to diversify exports: FPCCI

Karachi Ahmad Jawad, Chairman of Regional Standing Committee, Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has sought concerted efforts to diversify...

KP Govt unveils Rs603 bln tax free budget and Rs208b ADP for FY 2017-18

Peshawar The KP Government on Wednesday unveiled Rs 603 billion tax free budget carrying development outlay of Rs208 billion for the year 2017-18...