HBL’s profit rises 25pc to Rs15.5bn

KARACHI: The Board of Directors of Habib Bank Ltd met on Wednesday to review the bank’s performance and announce its financial statements for...

17 new oil and gas exploration blocks await security clearance

ISLAMABAD: The Petroleum Division has forwarded a case of around 17 onshore oil and gas exploration blocks to the quarters concerned for...
Textile Pakistan

Power tariff reduced for textile sector

LAHORE: The federal government has agreed to provide electricity to the textile and other zero-rated industries at the rate of 7.5 cents/kWh...

PSO’s half-year profit surges by 51.4%

KARACHI: The Pakistan State Oil Limited (PSO), the largest player in the local oil market, has seen a Substantial increase in its...

Govt mulls deregulating LNG sector to facilitate textile industry

'Import of LNG at competitive rates will help textile millers rationalise their production costs'
TAPI-gas-pipeline-1

TAPI gas pipeline to be completed by 2023, SC told

ISLAMABAD: The Supreme Court (SC) was informed on Tuesday that the Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline project would be completed by 2023. A three-member bench...

Pakistan Auto Show hosts symposium on industry’s future

The second day of Pakistan Auto Show 2020 hosted a symposium on the "Future of Automotive Industry" in the country. The motive of...

NTDC gets Rs6.4bn for construction of 220kV substation, transmission lines at Jhimpir

LAHORE: In order to induct 956MW power from wind power projects to the system, the National Transmission and Despatch Company Ltd (NTDC)...

ePay Punjab fetches Rs1bn revenue in five months

LAHORE: ePay Punjab, the first-ever government payment aggregator for citizens’ facilitation and ease of business, has collected over Rs1 billion in tax...
Marble-factory

KP govt looks to revive 300 industrial units under 10-year plan

PESHAWAR: The Khyber Pakhtunkhwa government has formulated a 10-year plan to revive nonfunctional industrial units in the province, Pakistan Today has learnt. According to official data,...

Land allocation in process for $10b Saudi Aramco refinery in Gwadar

KARACHI: Gwadar Development Authority (GDA) Director-General Shahzeb Khan Kakar has said that upcoming oil city project in Gwadar will host a multibillion-dollar...
Pakistan Auto Show

Three-day auto show attracts over 100,000 visitors

LAHORE: The Pakistan Auto Show 2020 concluded at the Lahore’s Expo Centre on Sunday, attracting over 100,000 people to visit more than...

Muhammad Taha assumes charge as PSO MD

ISLAMABAD: Syed Muhammad Taha on Wednesday assumed charge as the Pakistan State Oil’s managing director/chief executive officer (CEO). He is known for his...
Apparel industry

Govt lauded for lowering power tariff for export sector

ISLAMABAD: The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) and the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) on Thursday lauded...
spinning mills

High energy cost hindering investment in spinning sector

LAHORE: The spinning industry in Pakistan has seen little investment in spindles (spinning machinery) in the last decade or so as the...