Energy sector debt out of control
ISLAMABAD: For the first time in the history of the country, circular debt in the power sector has crossed a staggering figure of Rs977 billion.
According...
IMF’s concerns about the economy are correct, Miftah Ismail
ISLAMABAD:Â Speaking to media at the Ministry of Finance, Advisor to the Prime Minister on Finance, Revenue and Economic Affair Division Miftah Ismail...
FDI jumps to 15.6pc, adding $262.5 mn from last year
KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...
Facebook introduces new features for Pakistani market
KARACHI: With the expansion of broadband internet services in Pakistan, technology companies like Facebook are taking keen interest to enhance their user...
Toyota to increase car prices amidst rupee devaluation
MUZAFFARABAD: The rupee devaluation has made it unsustainable for the Indus Motor Company (IMC) to operate under the present prices of its...
Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail
ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail Friday said the government will mainly focus on setting the target for a...
FBR notice seeking details of allottees is a conspiracy against economy: ABAD chairman
KARACHI:Â The Federal Board of Revenue (FBR) has issued notices to various builders and developers for providing details of allottees of shops, flats...
Summer load-shedding to persist, despite increased power supply
LAHORE: Despite increasing power supply, consumers are expected to face power outages during the upcoming summer months, reported a private news outlet.
The...
Miftah offers to give PSM for free with PIA
LAHORE: Adviser to Prime Minister on Financial Affairs Miftah Ismail has offered to give Pakistan Steel Mills (PSM) for free to anyone...
PAC orders investigation into KPT financial affairs, Rs45 billion investment portfolio
ISLAMABAD: Public Accounts Committee (PAC) has directed the Auditor General of Pakistan (AGP) to take record of Rs45 billion of Karachi Port...
Unilever drops London for post-Brexit Dutch HQ, chooses the Netherlands
THE HAGUE: Anglo-Dutch consumer giant Unilever on Thursday chose The Netherlands over London to host its headquarters, dealing a blow to Britain's...
New technologies successful in developing salt resistant crops to enable food security
ISLAMABAD:Â The world-renowned authority on food security, Prof Mark Tester explained how the twin challenges of meeting food requirements of a rapidly growing...
IPO, WIPO organise international workshop on patent database
ISLAMABAD: Intellectual Property Organization of Pakistan (IPO-Pakistan) Thursday organised a three-day workshop on patents database search and the establishment of Technology and...
Govt to strengthen industry through exhibitions: Sh Allauddin
LAHORE: Punjab Minister IC and T Sheikh Allauddin has said that the provincial government has made arrangements to further strengthen the industry...
Country’s development, progress measured via its exports volume: DG NADRA
FAISALABAD:Â National Database and Registration Authority (NADRA) Director General (DG) Mir Alam Khan has said that the development and progress of any country...