Agriculture sector may get Rs35bn subsidy in mini-budget  

Planning ministry has approved a subsidy of Rs405 per urea bag and proposed the same for the federal cabinet’s approval  ISLAMABAD: The agriculture...

Govt initiates plans to restructure PIA, Senate told

Minister says the airline plans to terminate around 200 ghost employees, besides replacing 20-year-old software with a new one ISLAMABAD: Aviation Division Minister Muhammad...

Toyota, Panasonic announce electric car battery tie-up

Toyota boss Akio Toyoda wants half of the firm's global sales to come from electric-powered vehicles by 2030 TOKYO: Toyota announced on...

China says U.S., Canada abused extradition agreement over Huawei executive Meng

The United States will proceed with the formal extradition from Canada of Meng, the daughter of Huawei Technologies Co Ltd founder Ren Zhengfei, Canada’s ambassador to the United States told the Globe and Mail newspaper in an interview published on Monday

Oil prices fall as economic growth worries spread

International Brent crude oil futures were at $62.26 per barrel at 0410 GMT, down 48 cents, or 0.8 percent, from their previous close

PM expected to request Qatar for supplying LNG on deferred payment

The PM is likely to request a concessional loan similar to the one provided by the United Arab Emirates and Saudi Arabia to bolster the country’s dwindling foreign exchange reserves

FCCI asks govt to scrap duties on polyester and cotton yarn in mini-budget

Due to the positive steps of the government, he said the imports started decreasing whereas transactions witnessed 10 percent increase and exports 2 percent increase

KP unveils Rs100.750 million package for sugarcane growers

Traditional cultivation techniques of this crop are laborious, costly and water exhaustive and per hectare yield of sugarcane of Khyber Pakhtunkhwa is low compared to other provinces of the country

IUCN, EU to invest €14m in Balochistan for water conservation

ISLAMABAD: The International Union for Conservation of Nature (IUCN) and European Union would invest €14 million euros in Balochistan for water conservation. European...

Emirates Airline announces change to baggage allowances

ISLAMABAD: Dubai-based Emirates Airline on Monday announced a change to their baggage allowance policy which will come into effect next month (Feb...

Govt to install 100,000 digital metres next month

Minister directs distribution companies to prepare and implement a three-month plan for feeder-wise anti-theft operation  Federal Power Division Minister Omar Ayub Khan...

AGP recommends special audit of PIA’s offshore subsidiaries

'National exchequer is facing losses worth billions due to offshore registration of PIA subsidiaries in the British Virgin Islands' ISLAMABAD: The Auditor General of...

IMC stresses need for localisation in auto sector

Indus Motor CEO urges govt to facilitate local manufacturers so as to secure foreign exchange and generate employment opportunities  ISLAMABAD: Indus Motor Company...

IT exports fetch $540m in six months

An increase of $20 million when compared to export figures of the same period last year ISLAMABAD: The information technology (IT) and telecommunication industry...

Careem asked to employ returning expats in transport service

CEO Junaid Iqbal stresses the need to formulate e-laws so that all forms of online businesses could be regulated ISLAMABAD: Special Assistant to...