Finance Division clarifies news about current account deficit

Clarifying a news item on current account deficit, appeared in a section of press on December 20, it said the news does not reflect the factual position, a Finance Division press release said.

Women participation in labour force 4.3pc, gender gap wider than before: World Bank

KARACHI: Institute of Business Management's (IoBM) Head of Economics, Shahida Wizarat, says women don’t face gender-based discrimination in effluent classes but the same...

Big brands pledge to turn tide on global plastic waste

UNEP has estimated that if current pollution rates continue, there will be more plastic in the sea than fish by 2050, as 8 million tonnes of bottles and waste swamp the oceans each year, killing marine life and entering the food chain

Govt mulls options to construct Diamer Bhasha dam to meet energy needs

Sharing details of a proposed plan regarding the formation of Diamer Bhasha dam Pvt Ltd Co., the sources said that it was proposed to market the shares of this company through Pakistan Stock Exchange (PSE) and approximately 52 percent shares of the company will be owned by the government and owners of remaining 48pc shares will be with the masses

Differences over devaluation surfaced in fiscal policy board meeting

Finance Minister asks SBP to develop information sharing mechanism on major decisions, meanwhile, government expects improvement in economy after January 2019

The incentive in going green

Either hot or very cold, mostly in the extreme, the weather is hardly ever temperate. One’s neighbourhood is hit by water scarcity,...

Reduce taxes on hybrid cars to contain pollution: Senate standing committee

ISLAMABAD: A parliamentary panel on Thursday proposed the government to consider abolishing and reducing taxes on hybrid cars to contain pollution. And the...

As water crisis deepens, drought reality hits Pakistani population

Per capita water availability has been on a downward trend for decades. In 1947, when Pakistan was created, the figure stood at about 5,000 cubic meters per person, according to the World Bank. Today it is 1,000 cubic meters

13 coal-based power projects at various stages of completion: PPIB

ISLAMABAD Six power generation projects based on indigenous coal with a cumulative capacity of 4290 megawatts and seven projects based on imported coal...

50-Megawatt Jhimpir Power starts commercial operations

Jhimpir Power, Burj Capital’s first project, in its 500MW renewable asset platform in Pakistan achieved commercial operations with plant inauguration held by Burj Capital officials on Wednesday.

Water and climate change: the (hopefully not) insurmountable challenges

Here is the bad news when it comes to climate change: if the government of Pakistan consisted of 100% extremely competent and...

Ogra requested to expedite standardization of manganese content in petrol

ISLAMABAD: The government has been requested by Oil and Gas Regulatory Authority (OGRA) to expedite the move to finalizing standards and specifications...

VW’s Audi CEO arrested in Germany over diesel scandal

Volkswagen was holding crisis talks on Monday to find a stand-in boss for its Audi brand, a source familiar with the discussions said, after German authorities arrested Audi CEO Rupert Stadler as part of a probe into emissions test cheating.

Water shortage compels Punjab to dissuade farmers from planting sugarcane crop

Water shortage during the early part of the Kharif season has risen to an alarming 45 percent from initial projections of 32 percent against average uses.

Total water storage in reservoirs face 30 percent shortfall, as Tarbela hits maximum level

Pakistan’s main water reservoirs have gained 65.60 percent of the combined live storage of 13.681 MAF, of which 34.40 percent capacity requires to be filled