K-Electric claims power shortfall due to low gas supply, SSGC denies claim
KARACHI: Due to a reduction in gas supply, 500MW gas fired plants are currently not operational in Karachi and creating an additional...
JS Bank partners with Engro Foods to empower dairy sector
KARACHI: Working to build sustainable livelihoods for the people of Pakistan through monetary support and knowledge transfers, JS Bank has collaborated with...
Tariq Glass starts commercial operations at Opal glass dinnerware project
LAHORE: A stock market notification sent to the Pakistan Stock Exchange (PSX) by Tariq Glass Industries disclosed it had initiated commercial operations...
Sindh pushes to increase renewable energy footprint: Report
KARACHI: The Sindh government has formulated a framework to tackle the environmental, social and resettlement impact which could come due to its...
Govt contemplating to resuscitate disbanded PEPCO
ISLAMABAD: The power division has formulated a proposal to resuscitate disbanded Pakistan Electric Power Company (PEPCO), which targets to controlling uncurbed power...
SBP expected to hike interest rates by 25 to 50 basis points for next two months
KARACHI: The State Bank of Pakistan on Friday is expected to hike the interest rates for coming two months in its monetary...
Saleem Anwar appointed acting President/CEO of Askari Bank
LAHORE: Askari Bank Limited has appointed Saleem Anwar as acting President and CEO of the bank replacing Syed. M Hussaini at the...
Oil prices climb on news of OPEC seen continuing supply cuts through 2018
SINGAPORE: Oil prices rose on Thursday as the producer cartel OPEC and other suppliers look set to continue withholding output for the...
AGP office unwilling to conduct pre-audit of Rs80b circular debt payment
ISLAMABAD: The Audit General of Pakistan (AGP) has shown unwillingness to carry out a pre-audit of circular debt, jeopardizing government’s plan to...
President KCCI to inaugurate ICT Gala 2018 on Friday
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik will inaugurate ICT Gala 2018 being organised by Pakistan Computer...
FPCCI, GPCCI sign MoU to enhance business, trade
LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Greek-Pakistan Chamber of Commerce and Industry (GPCCI) on Wednesday signed a...
Rs24,489.515mn released for various water, power projects so far
ISLAMABAD: The Planning Commission has released a total of Rs24,489.515 million against the total allocation of Rs102,304.807 million in annual Public Sector...
Imports of mobile phones rise 14.51pc in 8 months
ISLAMABAD: Imports of mobile phones in the country during the first eight months of fiscal year 2017-18 increased by 14.51 per cent...
Railways seeks Rs73bn for ongoing, new projects in next PSDP
ISLAMABAD: Pakistan Railways (PR) has proposed Rs73 billion for ongoing and new projects in the next Public Sector Development Programme (PSDP) for...
South Asia to become global leader in agricultural trade: SCCI
ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI) Vice President Iftikhar Ali Malik Wednesday said that adopting a unanimous market-oriented agricultural policy...