PR generates Rs1.27bn in ten years through land leasing

ISLAMABAD: Ministry of Railways has earned around Rs12,770 million revenue by leasing out its land across the country in the last ten years. In...

October inflation at four-year high on gas price hike, rupee fall

ISLAMABAD: Pakistan’s annual inflation rate jumped to 7 per cent in October, the highest in four years, from 5.12 per cent a month...

Breakthrough in Islamic financing as SECP enforces Shariah regulations

Laws are formulated to uphold the sanctity of Shariah in businesses, financial dealings and operational practices ISLAMABAD: In line with the spirit...

Pakistan’s foreign reserves stand at $14.184bn

The total liquid foreign reserves held by the country stood at $14,184.5 million on October 26, 2018. According to the State Bank of...

LPG price reduced by Rs15 per kg

OGRA chirman vows uninterrupted supply of LPG at controlled rates this winter ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has decreased the...

Govt increases petrol price by Rs5 per litre

ISLAMABAD: The government has raised the prices of petrol by Rs5 per litre, it was learnt on Wednesday. The price of diesel has raised...

FM okays privatisation of seven loss-making entities

Pakistan Railways, Pakistan Steel Mills, Utility Stores Corporation, PIA, NHA and CAA delisted from the privatisation list ISLAMABAD: Finance Minister Asad Umar on...

Islamabad seeks two-way industrial cooperation with Beijing under CPEC  

Both countries likely to sign MoUs in agricultural, fisheries, mining sectors ISLAMABAD: As Prime Minister Imran Khan is going to China with a...

UAE urged to explore Pakistan’s energy sector

ISLAMABAD: Planning, Development and Reform Minister Makhdum Khusro Bakhtiar has invited the UAE to benefit from the energy sector of Pakistan, which offered...

NEPRA imposes Rs2 million fine on K-Electric

NEPRA observes people were electrocuted due to K-Electric's poor maintenance of distribution network  ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has imposed...

FBR collects Rs12.2bn in six months through alternate delivery channels

ISLAMABAD: The Federal Board of Revenue (FBR) has recorded 14,904 transactions and received Rs12,240 million from taxpayers opting to use always-on alternate delivery...

OGDC suggests disputable candidates for managing director post

OGDC’s board has commenced the process for the appointment of new managing director and suggested names of officials who were working in its contracting entities

SBP issues guidelines for sugar exporters

KARACHI: The State Bank of Pakistan has directed all the authorised dealers (ADs) of sugar to comply with the Ministry of Commerce...

Minister calls for equal development of south and north Punjab

ISLAMABAD: Planning, Development and Reform Minister Makhdum Khusro Bakhtiar on Tuesday stressed on the need for the equal and balanced development of south...

Proposal to defer privatisation of PIA, PSM to be tabled tomorrow

ISLAMABAD: The Board of the Privatisation Commission has prepared its five-year plan, proposing to defer the sale of large, loss-making state-owned companies Pakistan...