Imprisonment up to 3 years for those involved in overbilling and wrong billing
-- NA standing committee approves 'The Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill 2017'
ISLAMABAD:Â Power Division Federal Minister Sardar...
Rs1914.770mn released for petroleum sector to date
ISLAMABAD: The government has so far released Rs 1914.770 million for the Petroleum and Natural Resources Division under the Public Sector Development...
Govt embarks upon programme of capacity expansion to meet growing energy requirements
-- Ansaldo Energia expresses interest in energy and water projects
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi received Ansaldo Energia Chairman Giuseppe Zampini here on...
Punjab govt ignored vital components of agriculture growth strategy
LAHORE: Despite placing agriculture sector development at the forefront of its development agenda, Punjab government could not give attention to basic components...
PSO announces 1st quarter results, reports 33.7 per cent growth
KARACHI: Pakistan State Oil (PSO), the leading energy company in Pakistan, posted its profit of Rs 258.6 billion, up from 33.7 per...
Pakistan, EFTA states discuss possibility of signing PTA
ISLAMABAD: Pakistan and European Free Trade Association (EFTA) States agreed to explore future bilateral trade and investment opportunities. The first meeting of...
Water supply from Mangla Dam closed due to water scarcity
ISLAMABAD: The Indus River System Authority (IRSA) closed the water supply from Mangla Dam on Monday with immediate effect as Mangla power house indent...
NTC imposes 19.15% anti-dumping duty on steel re-bars
KARACHI: In its latest notice National Tariff Commission (NTC) has announced a definitive anti-dumping duty (ADD) of 19.15% on import of Deformed...
HBL announces retirement of Dar as CEO, other appointments
Current CFO will assume responsibilities as acting CEO until a new appointment is confirmedÂ
HBL board establishes post of chief operating...
“Profit per branch” Ranking of banks in Pakistan – Year 2016
Notwithstanding the relative size and nature of operations, the profit per branch among Pakistani Banks depicts a peculiar picture.
Citi Bank Pakistan tops...
Chiniotis mean business!
Mushtaq Ahmad Yousufi, the greatest-ever Urdu language satirist, in one of his trademark quips said that Muslims of undivided India thrived only...
Will Toyota be able to kill two birds with this one stone?
Earlier this month, the market was abuzz with talks that Indus Motor Company (IMC), the makers of Toyota Corollas in Pakistan, is...
Suspending people and businesses
On September 29, Muhammad Faisal, a full-time Uber driver in Karachi, as usual left home early, at six in the morning. Having...
Gaslight at the end of PSX tunnel
The week ending on October 14 had been precarious for the PSX and investors as political tensions gave the market a good...
PM woos Turkish entrepreneurs; seeks investment in energy, infrastructure development
ISTANBUL: Prime Minister Shahid Khaqan Abbasi has invited Turkish entrepreneurs, business giants and mega companies to invest in diverse areas of economy in Pakistan especially...