Toyota tests solar-powered Prius in quest for plugless electric car

TOKYO: Inspired by new ultra-thin solar panels developed for satellites, a project led by Toyota Motor Corp is experimenting with a sun-powered Prius that...

PM gives in-principle approval to construction sector as ‘industry’

Prime Minister Imran Khan on Thursday declared the construction sector as an industry by giving an in-principle approval, Radio Pakistan reported. The approval was given...

Zaidi not involved in issuing IFL to tobacco companies, FBR clarifies

The Federal Board of Revenue has rebutted a media report, published on 5th August 2019, regarding issuance of Invitation for License (IFL) for 'Electronic...

Russia’s ExpoBank takes keen interest in Pakistan’s financial sector

ISLAMABAD: Expobank Chairman Igor Vladimirovich Kim has expressed keen interest to invest in Pakistan's financial sector. Talking to Privatisation Minister Muhammad Mian Soomro and Board...

China auto sales down 6.9pc in August

BEIJING: China continued to report sluggish sales of automobiles in August, while the decline in car output narrowed, industry data showed on Wednesday. The country...

Pakistan to challenge $6.2bn Reko Diq penalty: minister

Power Division Minister Omar Ayub Khan said on Monday that Pakistan has decided to challenge the $6.2 billion penalty in the Reko Diq case,...

Crisis-hit Nissan CEO resigns amid pay probe

YOKOHAMA: Nissan's CEO said Monday he will step down next week, deepening the crisis at the Japanese car giant still reeling from the arrest and...

British Airways cancels ‘nearly 100pc’ of flights as pilots begin two-day strike

British Airways pilots began a 48-hour strike on Monday, grounding nearly all its flights and disrupting thousands of travellers’ plans in unprecedented industrial action...

Ferrari mixes sport with power in new Spider and GTS models

MARANELLO: Italy’s Ferrari showed off two new cars on Monday as it pursues an aggressive roll-out of new premium models to sustain turbo-charged core earnings...

India’s monthly passenger vehicle sales log worst-ever drop in Aug

NEW DELHI: India's monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by an industry body...

Toyota may replace Corolla XLi, GLi with Yaris sedans to counter price hike

Toyota may halt the production of Corolla XLi and GLi variants and replace them with Yaris sedans, following the dramatic fall of Pakistani Rupee...

PM vows to address textile sector’s woes

ISLAMABAD: Prime Minister Imran Khan on Friday assured a business delegation that the government would take all possible measures to address the issues hampering textile...

Saudi companies urged to invest in Pakistan’s energy sector

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has urged the Saudi companies to invest in the power sector in order to get...

Govt to launch three livestock projects worth Rs7.4bn this month

ISLAMABAD: The government has decided to launch three livestock projects, worth Rs7.4 billion, this month. According to the documents available with this scribe, the government...

Govt committed to reviving sick textile units: Dawood

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Thursday that the government was taking all possible measures to attract foreign and...

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Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its customers. The company...

Car sales plunge 42pc in August

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Introduction of 5G services in Pakistan could take up to 5...

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) on Monday briefed Senate’s Standing Committee on Information Technology it would take around four to five years to...