Power sector circular debt swells to a striking Rs 439b
The power sector circular debt has mounted to an alarming level of Rs439 billion as at  February 15, 2017. This has brought...
Pakistan to pay back $6.5b external debt over the next 15 months
Pakistan government has planned  the repayment of $6.5 billion external public debt in the next 15 months beginning February this year until...
Saudi Arabia wants oil prices to rise to around $60/barrel in 2017
Saudi Arabia wants crude oil prices to rise to around $60 a barrel this year, five sources from OPEC countries and the...
NAB criticized for reaching plea bargain with suspects of oil theft
A parliamentary panel has criticised the National Accountability Bureau (NAB) for reaching a plea bargain with people accused of oil theft worth...
Petrol prices likely to go up
Oil prices for the month of March are likely to go up, as the Oil and Gas Regulatory Authority (OGRA) has sought...
OGDCL declares Rs 30b, wins CSR award
Oil and Gas Development Company Limited (OGDCL) has earned Rs 30b profit in two-quarters of the current fiscal year and won the...
AJK Industrial Zone & Hydel Projects approved under CPEC
 President Azad Jammu and Kashmir Sardar Muhammad Masood Khan has stated that the industrial zone in Bhimber district and hydel power projects...
KPOGCL & HR-Ltd sign MOU for oil and gas related projects
Khyber Pakhtunkhwa Oil and Gas Company Ltd (KPOGCL), an independent company owned by the KP government, and Heritage Resources Ltd (HR-Ltd), a...
Pakistan Textile City to wind up following ECC approval
A meeting of the Economic Coordination Committee (ECC) chaired by  Finance Minister Ishaq Dar has ordered the winding up of Pakistan Textile...
Only 6 out of 723 startups in Pakistan raised funds beyond $500,000
Planet N in collaboration with Karandaaz Pakistan and LUMS organized a workshop on 24th Jan 2017, chalking out a roadmap for the...
Pakistan climbs upto 68th position on World bank LPI
In the wake of recent development in Pakistan under the China-Pakistan Economic Corridor (CPEC) initiative, the World Bank, in its latest...
Food & Oil imports hike by 14.38pc
The import bill of food and oil rose 14.38 pc YoY to $9.258 billion in the first seven months of the current...
Ogra defies ministry orders; sets LPG price at Rs910/cylinder
Defying  petroleum ministry recommended prices of Rs1,100 per 11.8kg LPG cylinder, the Oil and Gas Regulatory Authority (Ogra) on Friday set LPG...
Dar, Priti for enhanced bilateral ties between Pakistan, UK
Finance Minister Ishaq Dar has called upon Priti Patel MP, Secretary of State for International Development, UK, along with members of her...
Finance Minister assures adotption of best int’l practices for data collection
Finance Minister, Senator Mohammad Ishaq Dar chaired a meeting with a World Bank team led by Country Director, Patchamuthu Illangovan and senior...