Non-viable KE tariff will retard industrial sector’s growth in Karachi: FPCCI

KARACHI: Karachi is home to some of the largest industries in Pakistan and makes a significant contribution to the country’s Gross Domestic...

Power Division suspends senior officials on violation of load shedding schedule

ISLAMABAD: Taking cognizance of the issue of violation of power load shedding management schedule being faced in many parts of the country,...

Energy ministry lifts ban on recruitment in BS-1 to BS-16 in power sector

ISLAMABAD: Good news for those aspiring to get a job in power sector should get ready to secure an opportunity as Ministry...

Cement industry capacity utilisation touches 94.65pc

KARACHI: Cement industry of Pakistan despatched 2.261 million tonnes more cement in the first five months of this fiscal, which is 13.91...

SBP takes notice of skimming incidences

KARACHI: During the preceding week, State Bank of Pakistan (SBP) noted with concern that customers' information on debit cards of Habib Bank...

CDWP approves Attabad power project

GILGIT: The Central Development Working Party (CDWP) has formally approved Attabad power project of 32.5MW costing Rs 9.75 billion and has referred...

Telecom imports increase by 19.03pc

ISLAMABAD: Telecom imports into the country increased by 19.03 per cent during the first quarter of current fiscal year (July-September) as compared...

Agriculture borrowing enhanced as borrowers reached to 3.187bn: Senate Body told

ISLAMABAD: The Sub-Committee of the Senate Standing Committee on National Food Security and Research here on Tuesday was informed that agriculture sector...

Ahsan for private sector to capitalize business opportunities under CPEC

ISLAMABAD: Minister for Interior, Ahsan Iqbal on Tuesday said private sector must play the role of an engine of growth under China...

Engro Elengy Terminals to reduce gas deficit of Pakistan by 30pc

KARACHI: As the conversion of fuel from diesel to liquefied natural gas (LNG) has started showing positive changes in the energy sector,...

Port Qasim Plant to provide cheapest electricity among all CPEC projects

KARACHI: Port Qasim Coal-Fired Power Plant has become the cheapest power generation unit among all power plants installed under the game-changing China-Pakistan...

PTA to introduce DIRBS for blocking stolen, smuggled mobile phones

ISLAMABAD: Pakistan Telecommunication Authority (PTA) is set to introduce ‘Device Identification, Registration and Blocking System’ (DIRBS) for the blocking of smuggled, illegal...

Rice exports rose 16.87pc during July-October 2017

ISLAMABAD: Rice exports from the country during first four months (July-October) of current fiscal year increased by 16.87 per cent compared to...

“Buzz” from Buzzfeed fades, as Mashable searches for emergency buyer

NEW YORK: BuzzFeed has given up on going public for now and Mashable is looking for an emergency buyer. The honeymoon period looks to be...

Private sector’s credit off-take surges up four times during July-November 2017

KARACHI: Data released by State Bank of Pakistan (SBP) on Monday revealed private sector’s credit off-take from commercial banks has boomed and...