Pakistan ranked third with 42.6% growth in active software developers, according to GitHub

Despite GitHub representing only a fraction of a country's overall software development landscape, the data signals a rising trend of programming in regions

Mari Petroleum makes new gas discovery in Sindh

Islamabad Mari Petroleum Company Limited (MPCL) has made a new gas discovery in its exploratory well Aqeeq-1 drilled in its Sujawal Block, located...

Russia, OPEC willing to increase oil output under US pressure

Raising production would ease 17 months of strict supply curbs amid concerns that a price rally has gone too far, with oil having hit its highest since late 2014 at $80.50 a barrel this month

SBP issues enterprise technology,governance & risk management framework for financial Institutions

The State Bank of Pakistan (SBP) has issued Enterprise Technology Governance & Risk Management Framework for Financial Institutions (FIs) on Tuesday. The Framework...

Participants oppose gas price increases for SNGPL and SSGCL

ISLAMABAD: Opposing SNGPL’s and SSGCL’s plea to increase their gas prices for the financial year (FY) 2018-19, participants of OGRA’s hearing have...

NEPRA notifies Rs1.53 per unit hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified Rs1.53 per unit increase in power tariff for ex-Wapda Distribution Companies (DISCOs)...

Government working on multipronged strategy to reform tax structure: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi while speaking at the Pakistan Economic Forum in Islamabad on Wednesday said that the government is working...

Govt to sell PSM land to settle debts, lay off employees before privatisation

ISLAMABAD: As the government of Pakistan decides to lease out Pakistan Steel Mills (PSM) as the last resort, it has finalised plans to...

Sindh all set to produce over 1,000 MW clean power by 2018

KARACHI: Sindh is all set to produce over 1,000 megawatts of renewable energy just on the basis of wind power by the...

CCP seeks comments of stakeholders, public on road construction sector

ISLAMABAD: The Competition Commission of Pakistan (CCP) has conducted a detailed study to assess competition issues in the road construction sector in Pakistan,...

Rice worth US$ 557.578 million exported in five months

Rice export from the country during first five months of the current financial year was recorded at 1,316.44 million tonnes as compared to...

Chinese firm to invest Rs4b for setting up soda ash plant in Punjab

Lahore: A Chinese company has decided to invest heavily in different sectors of Pakistan’s economy and it will start its venture by...

Health ministry launches crackdown against violators of PHW on cigarette packs

ISLAMABAD: Taking a strong exception to the availability of cigarette packets with no Pictorial Health Warning (PHW) or having PHW less than...

Sindh approves Rs9.3 per kg additional subsidy on sugar export 

KARACHI: Sindh government in a major decision has approved an additional subsidy of Rs 9.3 per kilogram subsidy on the export of...

FBR revenue shortfall surges to Rs184 billion 

ISLAMABAD: Despite taking an advance worth of around Rs400 billion from the business community as well as from banks, the tax department could...