Pakistan struggling to setup meeting with WB over Kishanganga dam dispute
WB officials say busy schedule of their president is causing problems in setting-up a suitable time for the meeting
Oil prices inch up on cautious optimism over Trump, Kim summit in Singapore
Brent crude futures were trading at $76.56 per barrel at 0201, up 10 cents from their last close
PM directs power ministry, heads of DISCOs to improve efficiency
ISLAMABAD
Prime Minister Shahid Khaqan Abbasi Friday directed Ministry of Power and the heads of the power distribution companies (DISCOs) to come up with a...
Oil prices fall into bear market on rising supply, economic concerns
Both Brent and WTI have declined by around 20 percent from the four-year highs they reached in early October
NIB, MCB Bank merger comes into effect
LAHORE
NIB Bank Ltd (NIB)’s merger with and into MCB Bank Ltd (MCB) has come into effect from close of business on 7th July 2017.
All...
Oil dips as trade dispute threatens growth
Traders worry that escalating tariffs on export goods, including U.S. crude oil, will stall trading and eventually choke world economic growth.
United Auto’s gearing to launch 800cc Bravo hatchback by 1st September: Report
In November last year, United Auto Industries announced it was venturing into car manufacturing and was gearing up to launch an 800cc car
Gov’t focused on resolving energy issue on top priority: Dar
On Thursday, the Minister for Finance, Muhammad Ishaq Dar said the government was focused on resolving the issue of energy on a priority basis....
FMPAC and govt settle fertilizer subsidy issue
Islamabad: A meeting between government officials and Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) was held at Prime Minister’s Office in Islamabad to resolve...
Industrial output grows 5.69pc in 11 months of FY 2016-17
Islamabad: The country’s large scale manufacturing (LSM) sector grew by 5.69 percent during the first 11 months of fiscal year 2016-17 as compared to...
Over 6,000 marble factories in KP face closure amid surging electricity prices
In a bid to avert potential industrial closures, the government has introduced a special package to alleviate electricity costs for industries in KP,
Overriding ban on imported fuel power plants, federal govt grants waiver to Punjab
Islamabad:Â The federal government has flouted its own ban of setting up power plants on imported fuel, as it has allowed Punjab to commission a...
OMCs, dealers seek Rs2 per litre hike in commission
ISLAMABAD: The oil marketing companies (OMCs) and dealers of petroleum products have asked the Petroleum Division to increase their margin on petrol and diesel...
WB declares progress of $170m Sindh agricultural growth programme unsatisfactory
LAHORE
The World Bank (WB) has downgraded implementation progress (IP) rating of the $ 170 million Sindh agricultural growth programme as unsatisfactory following the delays...
Textile millers call for extension in debt repayment moratorium
'Under the prevalent circumstances, collection of sales tax will only hasten bankruptcies and usher in a serious depression'
