Pakistani power plants’ capacity cost conundrum

'Return on equity in India is 14% as opposed to 17-20% in Pakistan, local loan spread in India is specified by the...

Supreme Court dismisses petition challenging merger of KASB-BankIslami

In July, SBP also disposed of all the objections raised by the shareholders regarding the amalgamation of the defunct KASB Bank into BankIslami

CPEC digital information channel fully connected

'On July 13, the 2,950-kilometer-long China-Pakistan optical cable from Urumqi to Rawalpindi was fully connected and tested well.' BEIJING: The 'China-Pakistan Economic Corridor (CPEC)...

Iraq oil exports hit 2018 peak in August

Iraq's oil exports for August hit their highest monthly figure this year, the oil ministry said Saturday, with nearly 112 million barrels...

UAE bank adds Pakistan to ‘remit in 60 seconds’ service

Emirates Islamic says that its 60 second online fund transfer service QuickRemit is now available for remittances to Pakistan Emirates Islamic has announced...

Eighteen opens office in Karachi

KARACHI: Eighteen – Pakistan’s most luxurious and modern, mixed use, residential project, in an aim to enhance more convenience for its investors...

Understanding consumer gas pricing – seminar held by PIP at SSGC house

KARACHI: Petroleum Institute of Pakistan (PIP), a representative body of the oil and gas sectors in Pakistan organized a seminar on ‘Understanding...

IRS officers share deplorable working conditions, elitism in bureaucracy

LAHORE: A recent post by a group of income tax officers has been making rounds on social media. The post is addressed...

All you need to know about the new Samsung Galaxy Note 9

---Samsung last week announced the launch of its new flagship phone – the Galaxy Note 9.

Cabinet to ratify decisions regarding import of vintage cars, cars for disabled persons

ISLAMABAD: The federal cabinet will ratify decisions taken by the previous government pertaining to import 50-year-old vintage cars and up to 1350cc...

Suki Kinari Hydropower Project set to make KP self-sufficient in power

Two more projects have been announced by KP government at Batakundi (96 MW) and Naran (188MW) – both upstream of the Suki Kinari project

PSEs borrowed a startling Rs52 billion in July-August of FY19

PIA’s debt stood at Rs146 billion in FY18 against Rs122.4 billion in FY17 and debt of Wapda grew to Rs131.2 billion in FY18 from Rs81.4 billion in FY17

Oil refineries earned Rs500 billion under ‘deemed duty’ since 2002

Deemed duty was provided by the government as an incentive to make oil refineries upgrade their plants which would result in the production of environment-friendly and higher-grade fuel

Govt determined to develop CPEC to eradicate poverty: Khusro

ISLAMABAD: The government is determined to develop Cthe hina-Pakistan Economic Corridor (CPEC) to eradicate poverty, provide education to youth, and create job...

IMC annual sales increase by 25pc with 64,000 units sold in FY2018

LAHORE: The Indus Motor Company (IMC) held its analyst briefing today to discuss its financial year 2018 result, key challenges, and outlook of...