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

Chinese group to set up cheese processing factory in Pakistan

BEIJING: Joint Holdings Group Chairman Bai Shun called on the Consul General, Muhammad Mudassir Tipu on Monday at Pakistan’s Consulate General in...

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.

IMF resident rep calls on Minister of State for Finance

ISLAMABAD: Newly appointed IMF Resident Representative to Pakistan, Maria Teresa Daban Sanchez called on the Minister of State for Finance Rana Muhammad Afzal here on...

Irsa estimates 31 percent water shortage during early Kharif season

ISLAMABAD: Indus River System Authority (IRSA) has issued calls for the construction of two dams to counter the worsening water shortage which...

KPT misses environment, health, safety management system certification deadline again

LAHORE: Karachi Port Trust (KPT), used for almost 95 per cent of Pakistan’s international trade, has once again missed the deadline for...

WB rescinds $250 million loan for climate change and disaster risk

Both sides were unable to reach a consensus on a new macroeconomic framework

World Bank promises $200bn in 2021-25 climate cash

NEW YORK: The World Bank on Monday unveiled $200 billion in climate action investment for 2021-25, adding this amounts to a doubling of...

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.

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.

Can drip irrigation eradicate Pakistan’s water crisis and food insecurity?

To save water, the country needs to replace its age-old method of irrigating crops with improved yield and quality being tangible benefits