CDWP approves 26MW hydropower project in GB after 11-year delay

Shagharthang Hydropower Project, which was initially approved in 2009 at an estimated cost of Rs3.3bn,will now be completed at Rs8.6bn

FBR issues procedure for oversight committee to settle cases

The Federal Board of Revenue (FBR) on Friday issued procedure for assessment oversight committee to resolve cases of settlement filed against assessment...

Wheat support price increased to Rs1,650

ISLAMABAD: The federal government on Friday enhanced wheat support price to Rs1,650 per 40kg for the next crop. The Economic Coordination Committee (ECC)...

‘SPB committed to facilitating SMEs, women entrepreneurs’

Dr Reza Baqir says SBP is setting up 'Pakistan Credit Guarantee Corporation' under which banks will get 60pc risk cover on lending to SMEs

Govt plans to transform outlook of energy market: minister

ISLAMABAD: Energy Minister Omar Ayub Khan has said that the government has planned to transform the outlook of the energy market under...

ML-1 project to modernise railways, accelerate economic activity: PM

PM Imran inaugurates upgraded Hasan Abdal Railway Station, says govt striving to facilitate tourists and Sikh pilgrims 

PTV being restructured, not privatised: Shibli

ISLAMABAD: Information and Broadcasting Minister Senator Shibli Faraz has rejected reports that the government is going to privatise the state-owned Pakistan Television...

Pakistan’s budget deficit touches Rs484.3 billion in Q1 2020

ISLAMABAD: Pakistan's budget deficit has been recorded at Rs484.324 billion (approximately 1.1 per cent of the GDP) during the first quarter of...

CPEC attracted $25bn FDI in seven years: China

BEIJING: The China-Pakistan Economic Corridor (CPEC) has achieved major progress since its launch seven years ago, bringing a total of $25 billion of...

Pakistan, Bosnia agree to expand trade, military, agriculture ties

ISLAMABAD: Pakistan and Bosnia have agreed to improve the volume of bilateral trade and expand cooperation in multiple fields, including trade and...

Centre, Sindh at loggerheads over wheat support price

ISLAMABAD: The federal and Sindh governments are at loggerheads over minimum support price for the next wheat crop. Adviser to Prime Minister on...

Khusro Bakhtyar for expansion in Pak-EU trade ties

ISLAMABAD: Economic Affairs Minister Makhdum Khusro Bakhtyar on Wednesday chaired a high-level 'portfolio review meeting' of the European Union-funded projects in Pakistan. During...

Cement sector continues to shine as despatches hit record 5.73m tonnes in Oct

LAHORE: Pakistan's cement sector continued with its upward trend in Oct 2020, as total desptaches during the month surged to record 5.735...

Industrialists urged to benefit from PM’s energy relief package

Advisor to Prime Minister on Commerce Abdul Razak Dawood has urged the industrialists to get the maximum out of the prime minister's...

Kissan Ittehad calls off strike after talks with Punjab govt

LAHORE: The Kissan Ittehad Pakistan on Tuesday announced to call off its strike after holding successful talks with Punjab Law Minister Raja Basharat. The...