Interest-free solar tube well scheme in final stages
ISLAMABAD: The modalities for implementation of interest-free Solar Tubewell Financing Scheme are being finalised and under which federal government would concur to cover mark-up...
Pakistan may exit TAPI gas project if India opts out, citing cost and sustainability concerns Â
High costs and uncertain demand make project unfeasible without India’s participation Â
Pak Suzuki to observe 3 non-production days in February
KARACHI: Pak Suzuki Motor Company Limited (PSMC) has announced that it will observe three non-production days in February.Â
In a notification sent to the Pakistan...
Bank of Azad Jammu & Kashmir business plan/budget for 2018 approved
MUZAFFARABAD: The services of Bank of Azad Jammu and Kashmir were appreciated in its 31st board meeting held here on Wednesday and approved Business...
PAC seeks explanation from PC regarding non-recovery of $800m from Etisalat
Islamabad: Public Accounts Committee of the Parliament on Thursday summoned Privatization Commission (PC) and sought an explanation about non-recovery of $ 800 million from...
Russia says it’s ready for $25 a barrel oil
Russia’s sovereign wealth fund has enough reserves to cover budget deficit for years, even if oil prices stay between $25 and $30 per barrel,...
China Railways resolves to work on CPEC projects with federal, provincial govts
ISLAMABAD: China Railway Construction Corporation Limited (CRCC) Vice President Yang Jinjun called on Planning Secretary Zafar Hassan in his office here on Monday.
Both the...
Business confidence exhibits fall before upcoming elections: OICCI
The outcome of the survey was hugely impacted by despondency in retail and wholesale trade whose business confidence nosedived to 6 percent against 40 percent in wave 15
Steel producers voice against higher import tariff on unserviceable auto parts
ISLAMABAD: Representatives of the steel-producing companies, which are facing multiple issues regarding import of raw materials, have voiced against the imposition of higher tariffs...
Russia says regional free trade pact with Iran possible by year-end
A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of Eastern Europe...
Pakistan’s electricity is now less import dependent. But this is why it is still not cheap
Cleaner, more domestic, but not (yet) cheaper: the state of Pakistani electricity
Power tariff for June may see reduction of Rs2.13 per unit
Islamabad: A petition for electricity tariff reduction has been filed with National Electric Power Regulatory Authority (NEPRA) by the Central Power Purchasing Agency-Guarantee (CPPA-G)...
Pakistan produces unfit tobacco for manufacturing cigarettes
ISLAMABAD: As the lawmakers complain that manufacturing of substandard cigarette is causing an increase in mouth cancers among smokers in the country, Ministry of...
China calls US concerns over Huawei ‘groundless’
BEIJING:Â Beijing called the latest US warning against using Huawei equipment "groundless" on Tuesday, as the Chinese telecom giant faces espionage fears in a growing...
Naveena Group announces establishment of steel production plant at Port Qasim
KARACHI: The Naveena Group has announced to enter into the business of steel production by establishing a 300,000 TPA (tonnes per annum) steel melting...
