Govt urged to facilitate transportation of coal as demand increases

'Govt should provide a dedicated cargo rail track to connect Port Qasim with other cities, as it will minimise pollution and...

Total makes ‘significant’ offshore South Africa gas find

'Potential quantities could be around one billion barrels of global resources, gas and condensate light oil' CAPE TOWN: French energy giant Total announced Thursday...

Italy denies it will ban Huawei, ZTE from its 5G plans

MILAN: Italy has denied a report it will ban China’s Huawei Technologies and ZTE Corp from playing a role in building its...

PTV slashes employee benefits amid financial crunch

–Protesting workers of state-run channel blame new MD for deductions in allowances, terminations –MD Arshad Khan rubbishes claims regarding allowance cuts, denies reports...

PESCO task forces remove 266 direct hooks, recover Rs3.02m 

DI KHAN: The task forces of Peshawar Electric Supply Company (PESCO) on Wednesday conducted raids in Bannu, Swat and Peshawar circles and recovered...

Cement despatches decline 4.03pc in seven months

ISLAMABAD: The cement sector posted a double-digit decline of 10.70pc last month, raising alarm bells among producers sitting on huge production capacity. Data released...

PIA’s comprehensive business plan to be ready by next month

ISLAMABAD: Concerned authorities on Wednesday apprised Prime Minister Imran Khan that a comprehensive business plan for the Pakistan International Airlines (PIA) would be...

Govt ‘discreetly’ increases levy on POL products by Rs22 per litre

Levy on the sale of petrol at pumps has been increased from Rs10 to Rs14 per litre, while the same for...

PLL invites bids for supply of six LNG cargos in May & June

Four LNG cargos will be supplied in May, while the remaining two are likely to be imported in June, said sources

Jazz to bring broadband services to North Waziristan

In order to execute the Rs192m project, Jazz will install 28 towers in about a year ISLAMABAD: Universal Service Fund (USF) has...

Pakistan, Russia ink MoU for gas pipeline feasibility study

ISLAMABAD: Pakistan and Russian state-run entities on Wednesday signed an inter-corporate agreement to conduct the feasibility study of a $10 billion offshore...

Toyota cuts full-year profit forecast, warns over Brexit

TOKYO: Japanese car giant Toyota slashed its full-year net profit forecast on Wednesday after saying its nine-month figure had tumbled nearly 30pc...

Mongolia Yili given ninety-day extension to make public offer for 51% voting shares in Fauji Food

At the end of July, Inner Mongolia Yili Industrial Group Co had submitted an investment intention letter to acquire a 51 percent majority stake in Fauji Foods

Turkmenistan Airlines ban strands hundreds in Britain

LONDON: Hundreds of passengers were left stranded in Britain on Tuesday after European aviation authorities suspended Turkmenistan Airlines over safety concerns. The isolated central...

FESCO catches 198 power pilferers, imposes Rs1.19m fine

FAISALABAD: Faisalabad Electric Supply Company (FESCO) has caught 198 power pilferers red-handed from its region during the first four days of the...