Sindh CM demands representation on board of K-Electric, SSGC

KARACHI: In wake of the power crisis afflicting Karachi, the Sindh government on Friday said it was looking to get representation on...

K-Electric & SSGC given 24-hour ultimatum to resolve dispute

ISLAMABAD: Ministry of Energy efforts to resolve the raging dispute between K-Electric and Sui Southern Gas Company (SSGC) over outstanding payments and...

Oil prices stabilize, after Trump’s tweet criticizing OPEC

NEW YORK: Oil prices edged up on Friday, stabilizing after an earlier slide driven by U.S. President Donald Trump’s criticism of OPEC’s...

Bank of Khyber profits surge by 25pc to Rs447.711 million

LAHORE: The Bank of Khyber (BOK) in a notification to Pakistan Stock Exchange (PSX) on Friday, released its financial results for the period...

Shell, Unilever to invest £100 million in Pakistan

LAHORE: As Pakistan struggles to sustain its depleting foreign reserves, on Thursday global consumer brand Unilever and Anglo-Dutch oil giant Shell announced investments worth...

OGRA likely to question SNGPL on charging local gas consumers with LNG rates

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) is likely to seek a response from Sui Northern Gas Pipelines Limited (SNGPL) over...

NA body discusses PSM losses, Ramazan package

ISLAMABAD: The National Assembly Standing Committee on Industries and Production met here in the Parliament Lodges on Friday with MNA Asad Umar...

TDAP-industry relationship to boost trade sector

LAHORE: The government is committed to facilitating trade and help generate a greater pace of economic development in the country. All trade-related issues of...

Miftah meets IMF, WB, ADB reps in Washington, discuss economic outlook

ISLAMABAD: Visiting Pakistan delegation led by Dr Miftah Ismail, Adviser to Prime Minister on Finance, Revenue and Economic Affairs participated in the IMF /...

Market Daily: KSE 100 down 812.52 points WoW basis

LAHORE: The KSE 100 index continued its northbound move during early trading as inertia from the previous session kept bulls in control...

Fuel prices expected to rise by Rs5 per litre next month

ISLAMABAD: Oil prices are expected to increase by Rs5 for the next month as a result of the swelling crude oil prices in...

SBP injects Rs155 billion into market

KARACHI: The State Bank of Pakistan (SBP) on Thursday injected Rs155 billion into the market for one day, as reverse repo purchase...

Pakistan among top 5 countries in infrastructure investment worldwide

ISLAMABAD: Pakistan has become one of top five countries across the globe in Private Infrastructure Investment (PPI) during the year 2017 as...

Three mega LNG-based power plants fail to produce electricity: ICST

ISLAMABAD: Islamabad Chamber of Small Traders (ICST) on Thursday said three mega LNG-based power plants have failed to produce electricity despite repeated...

PSQCA committed to raising quality standards in Pakistan: Dr Barkat

KARACHI: The Pakistan Standards and Quality Control Authority (PSQCA) as a national standards body, is committed to play its multidimensional role of...