FBR neglects plan to increase revenue collection to Rs7 trillion per year
ISLAMABAD: While the new government has made the announcement to introduce the long-awaited reforms in the Federal Board of Revenue (FBR), the...
Pakistan Railways to utilise 10,913 acres barren land for projects
ISLAMABAD: Pakistan Railways is all set to utilise its 10913 acres of barren land across the country by executing various projects under public-private...
Cabinet endorses gas tariff hike proposed by ECC
ISLAMABAD: The federal cabinet on Thursday endorsed a hike in gas tariff and other decisions taken by the Economic Coordination Committee (ECC).
The meeting...
Pakistan to become energy sufficient soon: Omar Ayub Khan
ISLAMABAD: ‘One of the most important countries in the One Belt One Road (OBOR) project is Pakistan. The Karakoram Highway that connects...
U.S. oil edges up after 3 percent drop on big stock build
Signs that Iranian oil exports have been falling more steeply than some in the market expected amid looming U.S. sanctions have underpinned the oil market
Pakistan’s oil imports may touch $20 billion in FY19 if current prices prevail
Shell CEO said if the oil pipeline infrastructure was overhauled in Pakistan, it would contribute to a windfall of $50 to $100 million which would be passed on to consumers
Uber enhances safety toolkit by launching caller anonymisation
LAHORE: Uber has announced the new safety toolkit, which, over the next few weeks, will be rolled out to the millions of riders,...
Indus Motors jacks up prices of Corolla for fourth time this year
Indus Motor has hiked the prices by Rs50,000 for Toyota Corolla XLI to Rs1.944 million till December and it will see a further rise of Rs50,000 in January to Rs2.044 million
Austrian envoy assures cooperation in clean energy development
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Tuesday appreciated the Austrian cooperation in different hydroelectric and energy projects across Pakistan.
The...
HBL president suggests export-based model for sustainable future
‘CPEC will ultimately create a long-term positive effect on the balance of payments’
Habib Bank Limited (HBL) President and CEO Muhammad Aurangzeb...
Moot discusses impact of insurance on Pakistan’s economy
LAHORE: Lahore Insurance Institute organized a one-day international conference on “Impact of Insurance on Pakistan’s Economy” at a local hotel in Lahore.
The conference...
People of Gilgit encouraged to invest in stocks
KARACHI: In order to raise awareness about stock investments, the Pakistan Stock Exchange (PSX) conducted a public awareness session in Gilgit on Tuesday.
Gilgit-Baltistan...
ECC to decide electricity tariff hike in next meeting
KARACHI: After an increase in the gas tariff, the government has further deferred the increase of electricity by Rs3.75 per unit to...
GNL working with Nissan Motor Japan for localization of parts
Ghandhara Nissan said NML teams had paid a visit to domestic suppliers for determining their quality and capacity, however, the majority of them didn’t qualify as per the global standards set by NMI
Global steel body hikes demand forecasts, but says risks remain
Steel use in China is expected to rise 6 percent this year to 781 million tonnes and be flat in 2019