BOI seeks boost in FDI to $250b by 2025
Lahore: Board of Investment is said to be formulating a long-term plan to extract maximum benefits from China-Pakistan Economic Corridor (CPEC) and...
Overriding ban on imported fuel power plants, federal govt grants waiver to Punjab
Islamabad:Â The federal government has flouted its own ban of setting up power plants on imported fuel, as it has allowed Punjab to...
OGDCL, PSO to supply 30 million litre high speed diesel every year
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), being the largest exploration and production company of Pakistan in public sector, has inked...
5,407 MW additional electricity being added in system: Abid
ISLAMABAD: Minister of State for Power Chaudhry Abid Sher Ali Wednesday said that around 5,407 megawatts (MW) additional electricity would be added...
PMIC and Alfalah insurance to protect livelihoods of subsistence farmers
KARACHI: Pakistan Microfinance Investment Company (PMIC) and Alfalah Insurance Company have signed a MoU to collaborate towards the development of need-based innovative...
Govt to solve problems faced by industry and manufacturing sector: Sartaj
ISLAMABAD: Planning Commission of Pakistan, Deputy Chairman Sartaj Aziz said that the federal government is committed to take up on priority the...
Electricity Transmission system poses threats for zero load-shedding claims
LAHORE: Surprises await PML-N government for relying on unreliable and ineffective electricity transmission system that lacks a crucial ingredient required for energy...
Delay in cane crushing flayed: Khurram Sherzaman
KARACHI: Pakistan Tehreek-i-Insaf (PTI) MPA Khurram Sherzaman said on Tuesday that the delay in issuing a notification for support price of sugarcane...
Growers face huge losses due to low paddy rates
LARKANA: The growers of Sindh and Balochistan are ready to harvest fresh paddy crop but they are facing low rates being offered...
NTDC suffers Rs400m loss due to suspicious bidding process
Lahore: The avoidance of open biddings for purchase of insulators by National Transmission and Despatch Company (NTDC) seems to have cost an...
Oil prices decline second day running due to oversupply worries
Tokyo: Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally, amid signs that...
Exports of ready-made garments grew 15.65pc during first two months of FY 2017-18
Islamabad: The exports of ready-made garments from the country during first two months of current financial year increased by 15.65 percent compared...
Provinces oppose Central govt’s way of pushing gas sector reforms
Islamabad: As provinces oppose gas sector reforms being pushed by the government, the coming of Shahid Khaqan Abbasi into the Prime Minister’s...
EU to carry out review of GSP+ status to Pakistan
Islamabad: The European Union, with the assistance of Pakistan, will undertake a mid-term review of the Generalised Scheme of Preferences (GSP) Plus...
18.5% power tariff hike to disrupt market equilibrium: PIAF
LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) chairman Irfan Iqbal Sheikh has feared that the proposed hike in industrial and commercial power...