Siemens Gamesa to supply 50 MW turbine generators for zephyr power
KARACHI: Â Siemens Gamesa will be supplying 25 units of G114 2.0 MW Wind Turbine Generators for Zephyr Power (Pvt.) Limited, which will...
NEPRA approves Rs 2.23 per unit cut in power tariff
ISLAMABAD: Good news for already burdened masses, National Electric Power Regulatory Authority (NEPRA) has approved Rs2.23 per unit reduction in the power...
United Auto joins fray, outlines plan to start car manufacturing in Pakistan
LAHORE: United Auto Industries has outlined plans to start car manufacturing in Pakistan and is the country’s second largest selling brand, an...
Electricity access to least developed countries could bring them out of poverty: UN report
BANGKOK: The world’s least developed countries need access to electricity if they are to break out of poverty, according to a U.N....
Asian stock markets flat, as Fed plots interest rate rise in US
TOKYO: Asian stock markets were largely flat on Thursday with investors in the U.S. markets going on a Thanksgiving holiday and the...
Oil prices slightly down, as US crude reaches two-year highs
SINGAPORE: Oil prices eased on Thursday, with U.S. crude dipping away from two-year highs reached the day before, but the shutdown of...
Tainted officer gets appointed to post of director general HDIP
ISLAMABAD: Controversial appointments seem to be a forte of the present government as it appointed a tainted officer, Muhammad Azam to the...
Pakistan is slowly taking jobs away from India’s IT industry: Report
LAHORE: Indian IT outsourcing industry juggernaut is being undercut by a resurgent Pakistan as over 125 people lost their jobs in a...
Refineries in crisis mode, as govt ponders ban on import of furnace oil
ISLAMABAD: Likelihood of a ban on import of furnace oil is under consideration by the government due to topped up storages and...
Food exports climbed 9.85pc during July-October 2017
ISLAMABAD: Pakistan’s food exports increased 9.85 percent during the first four months of the current fiscal year against exports of corresponding period...
SBP deputy governor for review of banks’ business models to adapt to the changing landscape
KARACHI: State Bank of Pakistan Deputy Governor Jameel Ahmad has emphasised the need for a review of the prevailing banking business models...
Zong 4G’s free WhatsApp, a ‘boundary-less 4G customer experience’
KARACHI: Zong 4G announced free WhatsApp last week, adding to its already provided free Facebook, not just for Zong network but for...
Induction of new power plants, electricity generation cost jacks up to 24pc
LAHORE: The average electricity generation cost has been swelled up to 24 per cent following the induction of new plants, a high-level...
AEDB approves certification regulation for net-metering
ISLAMABAD: The Alternative Energy Development Board (AEDB) has accorded approval to certification regulations for solar powered net metering in the country to...
PEW demands stern action against sugar mills mafia
ISLAMABAD: The Pakistan Economy Watch (PEW) has demanded stern action against sugar mills mafia which is blackmailing the government, hurting consumers and...