Oil prices climb over escalating worries of supply shortages
Brent crude had added 32 cents, or 0.4 percent, to $78.39 per barrel by around 0303 GMT, following a 1.2-percent climb on Monday
SNGPL, SSCGC facing default prospects due to non-clearance of dues by power sector
To ensure appropriate figure of RLNG demand is put forth to Pakistan LNG Limited (PLL) for July-September 2018, the Power Division has been asked to provide a proper confirmation to off-take from RLNG volumes on a take or pay basis
PEC opposes reshuffle plan for power companies
The parliamentary panel had stopped the authorities from the installation of transformers across Pakistan till the elections on July 25th
FIA reaches out to SBP, SECP for details about Summit Bank
On Sunday, a three-judge bench, headed by Chief Justice Mian Saqib Nisar, summoned the CEOs and presidents of the Summit Bank, Sindh Bank and United Bank Limited (UBL) and others mentioned in the FIR registered by the Federal Investigation Agency (FIA) over money laundering charges
FBR revenue shortfall surges to Rs184 billionÂ
ISLAMABAD:Â Despite taking an advance worth of around Rs400 billion from the business community as well as from banks, the tax department could...
Shell launches new performance fuel V-Power in Pakistan
KARACHI:Â In a ceremony held at the Pearl Continental Hotel, Karachi, Shell introduced its new Shell V-Power fuel with Dynaflex Technology in Pakistan.
The...
Planning commission, UNDP commit to streamlining data collection, reporting
ISLAMABAD: Minister for Planning, Development, and Reform (PD&R) Dr Shamshad Akhtar, formally launched the website and the Data Reporting Gaps Study, while...
APTMA laments duty on cotton imports, urges govt to help increase exports
KARACHI: The All Pakistan Textile Mills Association (APTMA) Senior Vice Chairman, Zahid Mazhar, while commenting on the issuance of SRO 847(I)/2018 dated...
Construction work on Diamer Basha, Mohmand Dams to start in fiscal year 2018-19
WAPDA chairman briefed PM about the issues of water and hydropower sectors in the country. The prime minister was also apprised of WAPDA projects, particularly Diamer Basha and Mohmand Dams.
Market Daily: KSE 100 index drowns in a sea of red with a 1,000-point plunge
By mid-day, the fall was already above 1,000 points – the second such in successive weeks thus far.
Supreme Court orders forensic audit of oil import mechanism
ISLAMABAD: The Supreme Court on Sunday ordered a thorough analysis of the petroleum products import mechanism in the country by examining that...
Thorough plan underway to take Pakistan out of FATF grey list
ISLAMABAD: The government of Pakistan has prepared a comprehensive plan to exclude the country from the grey list of the Financial Action Task...
New Delhi annoyed over energy deal between Pakistan, Maldives
A deal struck between Pakistan and Maldives has reportedly left New Delhi confused and unsettled, leading to a further deterioration in relations...
How tech brands are digitally hammering global FMCG giants
According to a Foreign Policy report, the cash that Apple has on-hand exceeds the GDPs of two-thirds of the world’s countries
SSI misleading public after defaulting on contractual payments
A spokesperson of the Shalimar Recording and Broadcasting Company (SRBC), an autonomous body working under the Ministry of Information Broadcasting, National History...