Austrian envoy assures cooperation in clean energy development

ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Tuesday appreciated the Austrian cooperation in different hydroelectric and energy projects across Pakistan. The...

Govt withdraws FED on cigarettes

ISLAMABAD: The government within a month has taken back its notification regarding the enhancement of federal excise duty (FED) on the tobacco industry. The...

ECC defers power tariff hike, approves subsidised gas supply for export industries

RLNG supply to five export-oriented sectors to cost taxpayers Rs63.5bn despite having no budgetary allocations Info minister says power sector subsidies...

Govt to formulate standards for auto industry under CCP guidelines

CCP had suggested govt to create an independent and empowered national vehicle standard and safety authority ISLAMABAD: In order to streamline the auto...

PM assures to fulfill pledges made with business community

ISLAMABAD: Prime Minister Imran Khan on Tuesday said contrary to the policies of the previous governments, the present government would ensure the fulfillment...

Govt prepares summary for hike in electricity tariff

Price per unit is expected to rise to Rs3.75 ISLAMABAD: The federal government has prepared a summary regarding a hike in power...

Planning minister seeks Chinese expertise to uplift agriculture sector

--Pakistan, China agree to broaden agro-based cooperation by adopting a comprehensive approach ISLAMABAD: China’s Agriculture and Rural Affairs Vice Minister MA Aiguo called...

Govt urged to reduce prices of construction materials

KARACHI: Association of Builders and Developers of Pakistan (ABAD) Chairman Muhammad Hassan Bakshi has urged Prime Minister Imran Khan to ensure a reduction...

PR earns Rs12.7b through land lease in 10 years

ISLAMABAD: The Ministry of Railways has earned about Rs12,770.02 million revenue by leasing out its land for various purposes in the last 10...

ICAP against privatisation of DISCOs, warns of hazardous consequences

--‘There is an imbalance in govt’s energy policy which is causing an increase in the import bill’ KARACHI: The Institute of Chartered Accountants of...

SECP reiterates consequences of money laundering

Money laundering is punishable by up to 10 years imprisonment and Rs1 million fine LAHORE: The Securities and Exchange Commission of Pakistan...

Quetta tax collection surges by 42pc in one year

The revenue collection by the Model Customs Collectorate (Quetta) recorded a 42 per cent year-on-year growth to Rs5.9 billion during the first...

Govt seeking amalgamation of two oil and gas regulators

The petroleum division has told Ogra to prepare a summary for the Council of Common Interests (CCI) requesting transfer of upstream oil and gas regulation to Ogra as a centralized regulator to take care of the whole oil and gas sector from exploration and production to its sale to consumers

Gwadar to become hub of trade, economic activities: Sanjrani

Senate chairman says Asian leadership must act with sagacity to make Asian people masters of their own destiny ISLAMABAD: Senate Chairman Muhammad Sadiq...

Govt to set up new amnesty scheme  

The federal government is planning to initiate a new amnesty scheme for over 3,500 individuals who wish to change their black money...