Gas consumption witnesses 20pc increase in 8 months

ISLAMABAD: The consumption of natural and liquefied petroleum gas has witnessed around 20 per cent increase during eight months of the current...
Mian Muhammad Soomro

Review committee discusses entities being privatised

ISLAMABAD: Federal Minister for Privatisation cum Privatisation Commission Chairman Mohammedmian Soomro chaired a meeting of the review committee on privatisation here on...

American experts hold workshop to support Pakistan Water Dialogue Project

KARACHI Three experts from the United States Department of Agriculture (USDA) are conducting water-resource workshops in Islamabad this week to support the Pakistan...

773 new companies registered in June: SECP

ISLAMABAD: In June, the Securities and Exchange Commission of Pakistan (SECP) registered 773 new companies. As compared to the corresponding month of the last...

UBL declares profit of over Rs 27m

UBL announced its results for the Financial Year ended December 31, 2016, at its 207th meeting held on Friday, February 17, 2017....

CDNS awarded Best Financial Inclusion Award Pakistan 2018

ISLAMABAD: Central Directorate of National Savings (CDNS) with an aim to inculcate the habit of thrift among the masses and as an important tool towards...

FBR extends deadline to file tax returns

The Federal Board of Revenue (FBR) today announced the extended deadline to file tax returns by one month. The returns can now be filed...

SBP’s reserves go down by $383m in last 15 days

KARACHI: The total reserves of the State Bank of Pakistan (SBP) declined by $383 million in the last 15 days as the country’s...

Asad Umar meets ADB VP, reviews ongoing projects

ISLAMABAD: Finance Minister Asad Umar received the visiting Asian Development Bank (ADB) Vice President, Wencai Zhang for a meeting here Thursday. They had a...

SSGC faces 230mmcfd shortfall of gas

ISLAMABAD: Sui Southern Gas Company has been receiving 1,200mmcfd indigenous gas in December, which was 1,280mmcfd in December 2017. This shortfall of 80...

ADB, UNDP renew pact to accelerate progress towards sustainable development

WASHINGTON: The Asian Development Bank (ADB) and the United Nations Development Programme (UNDP) signed a five-year memorandum of understanding (MOU) to accelerate progress...

Price of Urea bag likely to be reduced by Rs200

ISLAMABAD: As the federal cabinet has reduced 50pc Gas Infrastructure Development Cess (GIDC) for eight sectors, including the fertilizer industry, the prices of...

Power theft cost amounting to Rs 82b may be recovered from consumers

In order to control the losses of power distribution companies, the government has taken the decision to recover the entire cost of...

Neelum-Jhelum hydropower project to start generating electricity next year

Lahore: The first unit of Neelum-Jhelum Hydropower Project (NJHPP) and Tarbela-IV Extension will start generating 2379MW power during the next year, Wapda...

Balochistan govt considering out of court settlement proposal for Reko Diq

Islamabad: An out of court settlement for the Reko Diq copper and gold mining project has been proposed to the Balochistan government...