Power ministry contemplating massive hiring to stop electricity theft
Omer Ayub Khan said the financial position in the power sector would be improved with the use of technology, better availability of human resources and through administrative measures
Legal cigarette sales decline 7.4% in 2017: Oxford Economics
According to the report, actual government revenues were estimated to have increased by 8.3 per cent in fiscal year 2017/18, underpinned by an acceleration in legal domestic sales, which rose by an estimated 73.9% over the same period
Rs20 billion subsidy provided in petroleum prices since govt came into power: Petroleum minister
Mr Khan stated gas worth Rs45 billion was unaccounted for in the last five years due to pilferage and leakage
Hubco signs financing documents for 330MW coal-fired power project
This is one of the first power projects to use the local lignite at Thar coal block II for power generation
Oracle shares soar as Chinese energy giant takes big stake in its Pakistan power plant
Shares in Oracle Power surged on Thursday after Chinese energy giant Beijing Jingneng Power Company (BJPC) took a majority stake in its...
Marlboro owner Altria buys a third of vape company Juul
Marlboro cigarette maker Altria Group Inc on Thursday announced it would pay $12.8 billion to take a 35 percent stake in Juul...
PEC demands technical allowance for Punjab engineers
ISLAMABAD:Â Engineers of Punjab government departments are on strike these days, demanding the provincial government to sanction a technical allowance similar to that...
Another 20 PIA air hostesses, stewards detected with fake degrees
At least 12 pilots and 73 crew members had been detected with fake degrees two weeks ago
KARACHI:Â The Civil Aviation Authority (CAA)...
FBR meets stakeholders to forge consensus on tobacco track, trace system
ISLAMABAD:Â Federal Board of Revenue (FBR) on Thursday held a wide-ranging, interactive session with the stakeholders, including representatives from the World Bank, to...
IPO proceeds in 2018 plunged by 49% to Rs4.8 billion
AGP Pharmaceutical, one of the largest companies in the country’s pharmaceutical sector via its offer for sale (OFS) collected 65% of total raised capital during 2018
Pakistan reiterates commitment to energy sector reforms
BEIJING:Â Planning, Development and Reform Minister Makhdum Khusro Bakhtiar has said that the government, besides reducing the losses of distribution companies and managing...
Oil slumps three percent, near lowest in a year as stock markets sink
OPEC and other oil producers including Russia agreed this month to curb output by 1.2 million barrels per day (bpd) in an attempt to drain tanks and boost prices
Govt tells IMF it may levy federal excise duty on domestic and imported cars
With a blend of new taxes and rupee devaluation, the tax collection could increase to Rs4.5 trillion during the current financial year, Rs5.8 trillion by June 2020 and Rs7 trillion by June 2020, respectively
OGRA clarifies appointment of chairperson Uzma Adil
LAHORE: Apropos to a news item published in certain daily newspapers on the audit report which stipulated that there was a conflict...
Rupee devaluation fails to spur growth in exports, touch $9.120 billion in 5MFY19
Trade deficit for July-November FY19 fell to $14.51 billion or 2.0% from $14.81 billion in the corresponding period of last year