Rana Afzal denies Dar’s $200bn Swiss banks money claim

ISLAMABAD: State Minister of Finance and Economic Affair Division Rana Afzal on Tuesday denied that Pakistani nationals had kept $ 200 billion...

NEPRA approves tariff of 1263MW RLNG/HSD based Power Project

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved tariff of above $ 707 million RLNG/HSD based power project of 1,263MW at...

Prices of Pakistani assembled cars among the lowest globally: Munir K. Bana

KARACHI: Loads Limited CEO Munir K. Bana believes the domestic automobile industry will have to immediately localize in wake of increasing competition...

Minister for Industries endorses PM’s decision to disband EDB

ISLAMABAD: The Minister for Industries and Production, Ghulam Murtaza Khan endorsed Prime Minister’s decision to disband the Engineering Development Board (EDB). He said...

APCNGA, foreign entities set to negotiate regarding supply of CNG cylinders

ISLAMABAD: Representatives of three well-reputed companies of Italy and United Kingdom would start arriving in Pakistan this week to look into prospects of supplying...

Influential sugar mills biggest threat to cane growers: PEW

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said influential sugar mills mafia has emerged as a great threat to millions of cane growers. This mafia continues to exploit growers across the country...

Oil retreats on US output rise after hitting near 2-year high

NEW YORK: Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring US production undermined a 10 per...

Cabinet Division declares orders issued by PTA as unlawful

ISLAMABAD: The Cabinet Division has declared the orders so far taken by senior officials of Pakistan Telecommunication Authority (PTA) as illegal after...
Pakistan China FTA

Pak-China to strengthen cooperation in energy sector

ISLAMABAD: Pakistan and China will strengthen cooperation in the fields of oil and gas, renewable power generation, supporting power transmission networks to...

Another landmark achieved on Neelum Jhelum Hydropower Project

LAHORE: The strategically important 969 MW-Neelum Jhelum Hydropower Project achieved yet another landmark towards its completion as water filling (pressurisation) of its...

OGRA decides to dismantle Enforcement Department

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has decided to dismantle its Enforcement Department and put the entire responsibility of enforcement...

Punjab government gives go ahead for Rs22bn agriculture programme despite expired contracts

LAHORE: Punjab government has given go-ahead for the Rs 22.813 billion Punjab Irrigated Agriculture Productivity Programme, despite the expiry of contracts for...

Oil jumps after U.S. crude stockpiles shrink most since August

NEW YORK: Oil topped $ 62 a barrel for the first time since May 2015 after U.S. crude stockpiles shrank by the...

Wheat sowing completed in 97pc areas: Senate Committee told

ISLAMABAD: Senate Standing Committee on National Food Security and Research on Thursday was informed that wheat cultivation had been completed in over...

PM directs for rationalisation of LPG price

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed Ministry of Petroleum to take effective measures, in consultation with all stakeholders, for...