7th JCC on CPEC to review and approve over 10 major projects

ISLAMABAD: The 7th Joint Coordination Committee (JCC) on China Pakistan Economic Corridor (CPEC) between Pakistan and China, scheduled to be held here on November...

Xanax, Panadol CF being sold at five times their price due to shortage

KARACHI: An antidepressant named Xanax and a much-used medicine for cold and fever named Panadol CF are mostly unavailable at retail stores and are...

HVDC transmission line from Port Qasim-Faisalabad may not be laid

LAHORE: Another feasibility study is set to be carried out for assessing whether a second 660KV high-voltage direct current (HVDC) transmission line from Port...

Frenzy sparks Bitcoin to touch all-time high of nearly $8,000

LONDON: Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a...

Govt introducing fuel marking to prevent contamination of petroleum products

ISLAMABAD: To prevent contamination of POL products, Ministry of Energy (MOE) is seeking official consent of Economic Coordination Committee (ECC) to introduce fuel markings. Petroleum...

Six per-cent of Pakistani’s paid 79pc of direct taxes during tax year 2016

ISLAMABAD: Data from Tax Directory 2016 revealed a meagre 6pc (65,000 Pakistani’s) of those who filed their income tax returns in tax year 2016...

Amazon’s dominance hasn’t knelt a death-blow to retail stores

NEW YORK: Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on...

Second LNG terminal set to commence operations by November 24th

ISLAMABAD: Preparations are complete for the opening of Pakistan’s 2nd Liquefied Natural Gas (LNG) terminal at Port Qasim as Pakistan LNG Terminals Limited (PLTL)...

Wind power has 1.23pc share of energy mix in Pakistan

ISLAMABAD: Wind power now constitutes 1.23pc share of Pakistan’s energy mix and increased 0.46 percentage points by September 2017. Alternative Energy Development Board (AEDB) set...

IPPs seek PM Abbasi’s help to avert financial crunch

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has been approached by Independent Power Producers (IPPs) to resolve a deadlock that resulted in the government failing...

Battle heats up for replacement of Finance Minister Ishaq Dar

ISLAMABAD: A list of ministers to choose from for the coveted post of Finance Minister Ishaq Dari has been finalized by the government. Ishaq Dar,...

Oil prices claw up, but register first weekly decline in six weeks

NEW YORK: Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S. crude pipeline was shut...

Apple’s HomePod smart speaker launch delayed to early 2018

SAN FRANCISCO: Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday,...

SBP formulating plan to promote SMEs banking

LAHORE: Small and Medium Enterprises (SMEs) banking is poised for a shakeup, as State Bank of Pakistan has decided to initiate a roadmap for...

Govt trying to improve performance of PSM and PIA: Bosan

MULTAN: The incumbent government is trying its level best to improve Pakistan International Airlines (PIA) and Pakistan Steel Mills, said Federal Minister for Food,...

Popular News

What cars are Hyundai-Nishat going to launch?

LAHORE: The hottest topic in Pakistan’s automobile industry today is the upcoming range of Hyundai hybrid cars being assembled in the country by the...