Progas challenges ICSID court decision in Pakistan’s favour
ISLAMABAD: A court decision in London which came in favour of Pakistan has been challenged by Progas Pakistan shareholders.
Progas Pakistan which is...
Sindh approves Rs9.3 per kg additional subsidy on sugar exportÂ
KARACHI: Sindh government in a major decision has approved an additional subsidy of Rs 9.3 per kilogram subsidy on the export of...
Govt mulls auctioning underutilised capacity of LNG terminals
ISLAMABAD: The government has been considering leaving Liquefied Natural Gas (LNG) imports to the private sector and planning to auction the underutilised...
SBP updates country’s liquid foreign reserves position
The State Bank of Pakistan (SBP) on Thursday, updated the state of Pakistan’s liquid foreign reserves position.
The total liquid foreign reserves held...
Opposition assails govt’s in handout of agriculture loans to Punjab
ISLAMABAD: The government was assailed by the opposition on Tuesday in the National Assembly for its alleged favourable treatment in distribution of...
PSO seeks Rs 60 billion from the govt to clear the loan obtained for controlling the circular debt
ISLAMABAD: Financially starved Pakistan State Oil (PSO) has sought Rs 60 billion from the ministries of finance and power to clears the...
Chairman OIC FPCC for increasing trade with Afghanistan
PESHAWAR: The Chairman Council of OIC Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Haji Naseem ur Rehman has said that...
Motorbikes production increase to1.209m units in 9 months
The production of Motorcycles and three-wheelers in the country increased to 1.209m units during first nine months of the the current fiscal year...
Coronavirus: CNG sector seeks gas tariff relief package
PESHAWAR: The CNG owners and dealers Sunday urged Prime Minister Imran Khan to announce special gas tariff relief package for neglected and coronavirus...
Loadshedding could rise, as power crisis expected to worsen
ISLAMABAD: The governments promise of ending power outages seems farce as reduction in gas supply caused power plants generating 3,000MW of electricity...
Ahsan Iqbal urges Huawei to open R&D centre in Pakistan
Minister for Planning, Development and Reform Ahsan Iqbal urged the Chinese leading IT manufacturer Huawei to open a research and development centre...
US, European buyers keen to invest in eco-friendly Pakistani textile
FRANKFURT: Global buyers especially US and Europeans are taking keen interest in eco-friendly Pakistan’s textile industry which became evident in the Heimtextil...
PM Abbasi directs closure of less-efficient power plants
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Friday directed that less-efficient power plants should be closed and oil-based plants should be converted...
Price hike: Petrol price up Rs3.56 per litre
ISLAMABAD: Following OGRA’s recommendations, the government here on Wednesday announced another price hike in the price of petrol by Rs3.56 per litre...
SAPM warns of strict action against gas thieves
Special Assistant to Prime Minister on
Petroleum Nadeem Babar said on Thursday said that the authorities have started taking
strict action against gas thieves...