Asad Umar meets ADB VP, reviews ongoing projects
ISLAMABAD:Â Finance Minister Asad Umar received the visiting Asian Development Bank (ADB) Vice President, Wencai Zhang for a meeting here Thursday.
They had a...
PM tasks Dr Ishrat to ensure paperless culture in all ministries
ISLAMABAD: Prime Minister Imran Khan Thursday expressed serious concern over negligible progress in some important ministries towards employing e-solutions for conducting official business.
He said...
Govt increases gas prices by up to 143pc for SNGPL, SSGCL consumers
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified up to 143 per cent increases in gas prices for the consumers...
Adverse weather causing transmission lines to trip, says power minister
KARACHI: Federal Minister for Power, Omar Ayub Khan on Thursday directed the authorities to investigate the matter of tripping of main transmission lines and...
Pakistan demands advance payment for projects from KSA
The Arab country may invest in the oil city and Special Economic Zones (SEZs) of CPEC for which the Chinese government has no objection,
Pakistan’s forex reserves decrease by $628mn in a week
The State Bank disclosed that its reserves decreased due to payments on account of external debt servicing.
Market Daily: Bears dominate as KSE-100 drops 473 points
LAHORE: It seems like the bulls of the Pakistan Stock Exchange (PSX) have lost their way as bears dominated the market for...
Saudi Arabia agrees to invest in new oil refinery in Pakistan’s Gwadar
Details of the refinery's costs and scope are to be worked out later, says minister
Traders bet on oil at $100 as Iran sanctions loom
Overall exports from Iran have dropped to 2 million barrels per day (bpd) in September from 2.8 million bpd in April, the Institute of International Finance said
Oil falls as Saudi and Russia quietly agree output rise, U.S. stocks swell
Brent on Wednesday hit a four-year high of $86.74 a barrel
Negotiations in final stages with Saudi Arabia for $8 billion Gwadar refinery
Mr Sarwar shared the visiting Saudi delegation had been offered to be a part of the $2 billion North-South Gas pipeline and bid for the forthcoming 10 petroleum exploration blocks set to be auctioned soon
CMEC acquires 10 percent stake in Hubco’s subsidiary TEL for $3.93 million
The coal-fired power project is expected to commercial operation date by March 31st, 2021. Hubco presently produces 1,601MW via its three power plants in Narowal, Hub and Azad Kashmir
ECC asks Petroleum Division to submit comprehensive report on LNG terminal
ECC was told that contractual obligations of EETPL up to provide an annual average of 600 million cubic feet per day (mmcfd) of LNG and contractual quantity for the first year was 1.5 million tons per annum or an annual average of 200 mmcfd
Adhocism, poor governance main causes of declining cotton production
ISLAMABAD: Owing to the incumbent and previous governments’ lack of interest in the agriculture sector, the production of cotton, and more importantly, the...
Power prices hiked by Rs1.16 per unit
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) on Wednesday increased Rs1.16 per unit in the electricity tariff on account of monthly fuel...