SBP issues directives to banks regarding Assets Declaration Ordinance

KARACHI: The State Bank of Pakistan (SBP) on Wednesday issued directives to all banks to incline their operations to the newly-issued Assets Declaration...

NEPRA approves 56 paisa per unit hike in power tariff

'Consumers will face a burden of approximately Rs4.2bn due to the increase' ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs0.57...

CNG prices likely to go down in Punjab

Ghiyas Abdullah Paracha, central chairman of the All Pakistan CNG Association (APCNGA) is reported to have said that CNG prices are likely...

KP to rehabilitate Reshun Hydropower station

The Khyber Pakhtunkhwa government has decided to rehabilitate Reshun Hydropower Station in Chitral. The Pakhtunkhwa Energy Development Organisation spokesman told Radio Pakistan...

Steel sector assures to comply with Pak-EPA environmental standards

The local steel sector industrialists on Tuesday called upon the Pakistan Environmental Protection Agency (Pak-EPA) for restoration of closed steel industrial units...

Gas tariff likely to increase by 75-80pc, says OGRA chief

The Oil and Gas Regulatory Authority (OGRA) chairperson has said that the hike in gas price was inevitable and an increase of...

OMCs’ sales up by 8pc in January

    Oil Marketing Companies (OMC) sales remained slightly lower than estimates at 8 per cent in January 2017 compared to last January of...

UAE lifts ban on poultry imports from Pakistan

by Amir Sial United Arab Emirates (UAE) government has lifted the 8-year old ban on the import of poultry and poultry products from...

Oil prices decline after registering 20pc rise in third quarter

Tokyo: Oil prices fell on Monday, pausing for breath after posting gains of as much as 20 percent in the third quarter,...

Facebook suspends app pre-installs on Huawei phones

New Huawei phones will no longer be able to have Facebook, WhatsApp and Instagram apps pre-installed SAN FRANCISCO: Facebook Inc is no...

Riyadh to support TAPI gas pipeline project

ASHGABAT: Saudi Arabia has expressed support for the Ashgabat-initiated project on construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) transnational gas pipeline. This was announced at...

Tatarstan to collaborate with Pakistan to promote halal food

The Republic of Tatarstan’s Deputy Minister for Industry and Trade, Denis Vgleen has said on Monday that Tatarstan will be collaborating with...

IPPs seek PM Abbasi’s help to avert financial crunch

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi has been approached by Independent Power Producers (IPPs) to resolve a deadlock that resulted in the...

Fertiliser prices won’t be increased, Dawood says

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Wednesday that the prices of fertiliser would not be increased...

Punjab’s 1.5 year grace period on sale of loose food stuff set to expire: Mengal

The grace period of 1.5 years on the sale of loose food stuff will expire soon and will be banned under new...