Losing to loose milk
On a Wednesday evening in one of Karachi’s oldest areas, Lea Market, Samir Rajput is working the phone, trying to seal a...
Will KIA be third time Lucky?
“You could have a Kia Classic, which was just a little below Honda City in terms of performance, in the price of...
Massive irregularities in LNG supply contract unearthed
ISLAMABAD: A joint audit special study has unearthed several irregularities and raised serious questions over the purchase of Liquefied Natural Gas (LNG)...
Philip Morris (Pakistan) sets new tobacco export record in 2017
KARACHI: Philip Morris (Pakistan) Limited (PMPKL) has set a new record for Pakistan’s tobacco sector by exporting around 7.3 million kilograms of...
Azad Pattan hydro-power project to add 700MW of electricity by 2022
KARACHI: To raise the share of hydropower production in the total energy mix, Pakistan will be adding around 700 megawatts in Azad...
NBP appointment policy issue referred to SBP for investigation
ISLAMABAD: The National Assembly’s Standing Committee on Finance, Revenue, Economic Affairs Friday decided to refer the National Bank of Pakistan’s (NBP) new...
660 megawatt Thar coal-fired power plant to be operational by Dec 2018
KARACHI: An interactive session was organized on Friday by Sindh Engro Coal Mining Company (SECMC) at Governor House, Karachi.
While presiding the session,...
Transboundary dispute with India, root cause of China not financing Diamer-Bhasha Dam
ISLAMABAD: Due to lingering transboundary dispute with India, China has refused to provide financing for Diamer-Bhasha Dam, following in the footsteps of...
Ogra recommends Rs4.06 per litre hike in petrol prices for January
ISLAMABAD: Oil and Gas Regulator Authority (OGRA) has forwarded summary to the government for raising prices of petroleum products from five to...
Brent crude ends year with 17pc gain, as WTI crude crosses $60
CALGARY: U.S. oil prices closed above $60 a barrel on the final trading day of the year, the first time since mid-2015,...
Unplanned load shedding would not be tolerated: Leghari
ISLAMABAD: A meeting under the chairmanship of Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari was held here in Islamabad...
Oil tankers resume supply to hard areas after increase in freight rates
CHITRAL: The protesting oil tankers have resumed supply to hilly areas after the government accepted their demands and agreed to enhance the...
CPPA authorised to sign interim agreement for four IPPs on RLNG production
ISLAMABAD: The Economic Coordination Committee (ECC) on Friday authorised the Central Power Purchasing Agency (CPPA) to sign an interim agreement on revised...
Etisalat threatens government against allowing SCO from operating commercially
ISLAMABAD: Owner of Pakistan Telecommunication Limited (PTCL), Etisalat cautioned the government of Pakistan (GoP) from granting Special Communication Organization (SCO) a licence...
OGDC makes gas discovery in Baratai block, Kohat, Khyber-Pakhtunkhwa
LAHORE: A bourse notification filed Friday by Oil and Gas Development Company (OGDC) revealed the joint venture of Baratai Block in which...