Bifurcation of MEPCO, LESCO and PESCO after decisions by respective BODs: Awais LaghariÂ
ISLAMABAD: Power Division Federal Minister Sardar Awais Ahmed Khan Laghari has directed that bifurcation of MEPCO, LESCO and PESCO must be decided by the...
General Electric signs China deals worth $3.5 billion
BEIJING: General Electric Co signed three aviation and engine deals with Chinese partners worth a total of $3.5 billion on the sidelines...
Watershed management helped to raise Mangla’s life to 269 years
LAHORE: Pakistan Water and Power Development Authority (WAPDA) Chairman Lt Gen (R) Muzammil Hussain on Wednesday visited Mangla Watershed Management Project to...
Oil prices steady but questions raised over recent bull run
SINGAPORE: Â Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC...
OCAC warns of legal action against Honda Pakistan
ISLAMABAD: Honda Pakistan on Wednesday was issued a warning by Oil Companies Advisory Council (OCAC) to take back its complaint about sale...
SBP to acquire shares of ZTBL/HBFC in exchange for debt settlement
ISLAMABAD: State Bank of Pakistan (SBP) has been given go-ahead by the government to purchase shares of Zarai Taraqiati Bank Limited (ZTBL)...
Punjab governor calls for cotton, mango exports enhancement to boost economy
MULTAN: Punjab governor Malik Rafiq Rajwana, urged farmers and growers on Wednesday to promote cotton and mango exports which would be a...
US envoy, minister discuss energy cooperation between Pak, US
ISLAMABAD: US Ambassador in Pakistan David Hale on Wednesday called on Power Division Federal Minister Sardar Awais Ahmed Khan Laghari here.
During the...
Power Division Minister orders inquiry against Rs2.45bn loss by Jamshoro Power Company
ISLAMABAD: Taking serious notice of Rs 2.45 billion loss allegedly registered by the Jamshoro Power Company (777 MW Jamshoro Power Plant) in...
Oil Tankers and Contractors Association to go on strike from Nov 13
KARACHI: All Pakistan Oil Tankers Association (APOTA) Chairman Yousuf Shahwani has said that the countrywide strike will start from November 13.
Yousuf Shahwani...
Q-Mobile dents national exchequer to the tune of billions
ISLAMABAD:Â Q-Mobile in a bid save a hefty amount of taxes has allegedly caused billions of rupees to the national exchequer by assuming...
Market Daily: KSE100 gains 18.45 points as Sharif family is summoned by the court
LAHORE: The Pakistan Stock Exchange (PSX) ended around its open levels. The KSE 100 index jumped up 231.68 points to intraday high...
New oil, gas reserves discovered in Attock
ATTOCK: Pakistan Oilfields Limited has discovered new oil and gas reserves at TAL Block, increasing the hydrocarbon reserves of the country.
POL has...
Senate sub-committee for judicious fund utilisation in gas producing districts
ISLAMABAD: Sub-Committee on the Senate Standing Committee on Energy Monday underlined the need for judicious utilisation of development funds in oil and...
Tax exemption for cell phone users: Senate Body
ISLAMABAD: The Senate Standing Committee on Information Technology has recommended tax exemption for users with Rs 500 and less account balances.
Senator Shahi Syed...