NA body directs FIA to reopen Rs266 million illegal cash payments to OGDCL workers

  by Mian Abrar Expressing displeasure over the misconduct of officers’ corrupt practices in the Oil & Gas Development Company Limited (OGDCL), the Standing Committee on...

New Private Airline “SereneAir” launched

    After getting a final approval from the Civil Aviation Authority (CAA) and Pakistan’s government, a new private Airline “SereneAir’ has launched its countrywide air...

BOP writes off Rs1589.3 million worth of loans

The Bank of Punjab has provided details of names of beneficiaries with the written-off amounts to the Punjab Assembly on Wednesday from July 2008...

Work on the TAPI gas pipeline project to begin this month

Work on the long-awaited Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline will commence in Pakistan this month.Tapi Company, mandated to run the pipeline, has awarded the project...

NEPRA overturns its charges against K-Electric overcharging its consumers

“The authority (Nepra) modifies the impugned decision dated June 10, 2014 to the extent that KEL must ensure that no such kind of incident...

Lobbying in the ruling party delays appointment of finance secretary

A disagreement within the ruling PML (N) party has delayed the appointment for the permanent slot of federal finance secretary, reported a national daily....

Nestlé MilkPak among 6 UHT brands safe for consumption

Recently, during a question-answer session in the National Assembly, Minister of Science and Technology Rana Tanveer Hussein told the house in a written reply...

PIA starts additional flights between Karachi and Islamabad

Pakistan International Airline (PIA) has started two additional flights between Karachi and Islamabad from Wednesday. The additional flights PK-366 (Karachi-Islamabad) and PK-367 (Islamabad-Karachi) would...

Govt aims to increase women entrepreneurs

  Half million women to be connected to the market by 2020, says commerce minister Aiming to increase women’s participation in trade, Federal Minister for...

Pakistan oil production reaches 97,000bpd, gas at 4000mmcfd

Pakistan’s oil production reached 2-year high of 97,000 bpd of oil in December 2016, led by production additions from Nashpa and Mardan Khel fields....

Inflation decreases to 3.66% YoY

  CPI clocked in at 3.66 pc YoY, against 3.70pc YoY of December 2016.   Despite forecasts of increase by market analysts, the key inflation indicator...

 Tax collection falls short of target despite a 7pc rise

The tax collection rose by 7pc to Rs 1.7 trillion in the first seven months of the current fiscal year but it has continued...

Oil & Gas firms’ receivables mount to Rs 338b

The Ministry of Petroleum and Natural Resources has asked the Prime Minister to intervene as the receivables from power producing companies soar to Rs...

5 ZTBL officials fake as ghost farmers to steal millions of government funds

Five official workers namely Khushdil Khan, Binyamin Khan, Zari Gul, Sajjad Mehmood and Mohammad Fayyaz of Zarai Taraqiati Bank (ZTBL) have been alleged to...

Punjab CM directs restoration of Uber, Careem services, sets deadline for registration of vehicles

Punjab Chief Minister Shahbaz Sharif on Tuesday ordered the immediate resumption of ride-hailing services Careem and Uber while giving a 15 days deadline for...

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Rs100 billion worth of tax fraud discovered by FBR

KARACHI: The country's corporate sector has been found involved in at least Rs100 billion of tax evasion and avoidance during the last four months,...

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Oil slips below $62 as trade talks drag on

LONDON: Oil fell for a second day on Tuesday, dropping below $62 a barrel on limited progress toward resolving the US-China trade dispute, higher...