Sindh approves Rs9.3 per kg additional subsidy on sugar export 

KARACHI: Sindh government in a major decision has approved an additional subsidy of Rs 9.3 per kilogram subsidy on the export of...

Govt announces equal distribution of electricity

ISLAMABAD: Minister for Power Division Sardar Awais Ahmad Leghari has declared five thousand two hundred ninety-seven feeders as load shedding free from...

Petroleum crude exports increase by 52.76pc

ISLAMABAD: Country’s petroleum crude exports increased by 52.76 per cent during the first quarter of the current fiscal year (July-September) as compared...

Dehydrating to optimize advantage

Technavio’s market research analyst predicts the global dehydrated food market to grow at a compound annual growth rate (CAGR) of more than...

12.5pc withholding tax on mobile recharge is still exorbitant, says: PTA

ISLAMABAD: Pakistan Telecommunication Authority (PTA) in its annual report claimed withholding tax rate of 12.5pc was exorbitantly high since most of the...

Oil prices drop, remain close to their highest since mid-2015

TOKYO: Oil fell on Monday after U.S. shale drillers added more rigs last week, but prices still held close to their highest...

Selling is easy, recovery a huge challenge

“Construction is a vast sector and in terms of products produce and segments that we operate in, we are the leaders in...

SMS changed the entire landscape of communication

LAHORE: Seems eons ago when the first text message (SMS) was sent by Engineer Neil Papworth SMS on December 3rd, 1992, when...

Solar energy adoption could save Pakistan around 6,000MW of electricity

LAHORE: Promotion of solar energy can save up to 6,000 megawatts of electricity of the national grid, besides reducing load from the power distribution system. Institute of...

World Bank to provide $130 million funding for efficient water usage

ISLAMABAD: To promote water usage efficiency among farmers in Punjab, World Bank has approved additional funding of $130 million. The purpose of providing...

Govt pledges gas sector reforms won’t damage SNGPL returns

ISLAMABAD: The government has promised Sui Northern Gas Pipelines Limited (SNGPL) that its proposed gas sector reforms won’t impact the company, shareholders...

Exxon eyes foray into Egypt’s offshore oil and gas reserves

VIENNA: Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and...

ATM hacking’s cause HBL Rs10 million losses

KARACHI: Bank customers in Karachi have come under duress after reports surfaced a number of ATM users were defrauded after experiencing unauthorized...

Powerful smog

Earlier this month the PM2.5 levels in Lahore went beyond 1,000 micrograms per cubic meter, which is 30 times more than the...

Dewan Motors introduces all-new BMW 5 Series at German CG Karachi

KARACHI: Dewan Motors with German Consul General, Rainer Schmiedchen on Friday evening launched the all-new BMW 5 Series at a dinner at...