Cabinet approves Electric Motor Vehicle Policy

ISLAMABAD: The federal cabinet on Tuesday approved the Electric Motor Vehicle Policy, as Prime Minister Imran Khan directed his economic team to formulate...

Illegal constructions putting lives of millions at risk: ABAD

KARACHI: Association of Builders and Developers of Pakistan (ABAD) Chairman Mohsin Sheikhani has claimed that at least one million lives are at...

Swiss investors urged to explore opportunities in Pakistan

President Dr Arif Alvi has urged the Swiss companies to explore investment opportunities in Pakistan, a statement issued on Tuesday read. Talking to...

‘Current account deficit falls 64pc, FDI surges 137pc in first quarter’

ISLAMABAD: Economic Affairs Minister Hammad Azhar has said the current account deficit declined by 64pc during the first quarter of the ongoing fiscal...

PM Imran wants strategies for job creation, youth empowerment

Prime Minister Imran Khan on Tuesday directed his economic team to formulate strategies that could ensure job creation and youth empowerment. Briefing the...

NEPRA jacks up power tariff by Rs1.82 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs1.82 per unit increase in power tariff for all the power distribution...

PM satisfied with ‘improving economic indicators’

ISLAMABAD: Prime Minister Imran Khan, while appreciating the improving economic indicators, has said the government had made tough decisions during its first year...

NAB summons top OGDC officials to probe ‘illegal appointments’

ISLAMABAD: The National Accountability Bureau (NAB) has summoned the top management of Oil and Gas Development Company Limited (OGDC) to investigate the...

Pakistan resolves $1.2bn Karkey dispute with Turkey

The Pakistani government has resolved the Karkey power plant dispute with the help of Turkish President Recep Tayyip Erdogan, Prime Minister Imran...

FM Qureshi invites Malaysian investors to explore Pakistani market

Foreign Minister Shah Mehmood Qureshi on Monday invited the Malaysian investors to avail the investment opportunities in Pakistan. Talking to the business community...

300MW power project finally inaugurated in Gwadar

ISLAMABAD: The much-awaited 300-megawatt imported coal-fired power plant has been inaugurated in Gwadar with an estimated Chinese investment of around $600 million. The...

Textile exports up 2.9pc to $3.37bn in 1QFY20

ISLAMABAD: Textile exports from the country grew by 2.95pc during the first quarter of the current financial year (1QFY20) as compared to...

Bullish sentiment prevails as KSE-100 stages 900-point rally

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) remained dominant on the first trading session of the week, as the indices moved north...

Cement sector posts growth for second consecutive month

ISLAMABAD: The cement sector reported a 9.19pc increase in despatches in October 2019, as 4.984 million tonnes of cement despatched during the...

FBR to tighten noose around ‘tax-evading sectors’

ISLAMABAD: In an effort to meet the conditions of the International Monetary Fund (IMF), the Federal Board of Revenue (FBR) is all set...