Pakistan says curbing power sector debt, seeks energy investors
ISLAMABAD:Â Pakistan expects debt being built up within its troubled power sector to level off this year and start falling, its power minister...
Shrinking German economy ‘on edge of recession’ as exports stutter
BERLIN: Slumping exports sent Germany’s economy into reverse in the second quarter, with prospects of an early recovery slim as its manufacturers' struggle...
K-Electric seeks five-year extension for old power units
K-Electric intended to invest Rs1.761 billion for the rehabilitation of unit I and II, out of which an amount of Rs1.522 billion has already been spent on their maintenance
Government lacks legitimacy to announce budget this month: experts
ISLAMABAD: As the government has decided to announce the budget for next financial year 2018-19 by the end of this month, experts...
CCoE gives approval for import of LNG
CCoE has instructed the petroleum division to move forward with the development of the LNG infrastructure needed to transport additional LNG from Port Qasim to Pak Land
Govt may withdraw power subsidy to industries
ISLAMABAD: The Rs3 per unit (KWh) subsidy extended to the industrial sector granted by the former Prime Minister Nawaz Sharif in 2015...
Another landmark achieved on Neelum Jhelum Hydropower Project
LAHORE: The strategically important 969 MW-Neelum Jhelum Hydropower Project achieved yet another landmark towards its completion as water filling (pressurisation) of its...
Asad Umar chairs meeting of standing committee on industries and production
ISLAMABAD: A meeting of the Standing Committee on Industries and Production was held under the chairmanship of MNA Asad Umar in the...
Pakistan’s foreign exchange position stable: spokesman finance division
ISLAMABAD: The Finance Division Spokesman has said that the foreign exchange position of Pakistan is stable and the news titled "Pakistan's net...
Women participation in labour force 4.3pc, gender gap wider than before: World Bank
KARACHI: Institute of Business Management's (IoBM) Head of Economics, Shahida Wizarat, says women don’t face gender-based discrimination in effluent classes but the same...
NEPRA rejects KE’s demand, notifies new tariff of Rs12.81/KWH
KARACHI: The National Electric Power Regulatory Authority (NEPRA), while rejecting the demand of K-Electric (KEL) for the restoration of previous Multi Year...
India tells Chinese guests to stay away from car show
NEW DELHI: India will press ahead with its biennial auto show this week with local staff replacing representatives of Chinese automakers that...
US sanctions over Iran oil will ‘intensify Mideast turmoil’: China
BEIJING: China warned on Tuesday that the US decision to impose sanctions on buyers of Iranian oil will "intensify turmoil" in the...
18pc water shortfall in Kharif season expected, says IRSA
According to Indus River System Authority (IRSA), provinces will face 18% shortfall of water in the cultivation of different crops during Kharif...
CPPA plea to reduce tariff for electricity purchased from sugar mills rejected by Nepra
ISLAMABAD: A Central Power Purchasing Agency (CPPA) plea to reduce tariff for electricity purchased from sugar mills has been rejected by National...