Cement industry defaults over Rs1.5bn marking fee to PSQCA
---PSQCA approaches Supreme Court against nonpayment of dues by the industry for over a decade
ISLAMABAD: As the longstanding issue of marking fee,...
NTDC energises Port Qasim Transmission Line to evacuate power from Bin Qasim Coal Power Plant
ISLAMABAD: National Transmission and Despatch Company (NTDC) has energised the first phase of 500kV double circuit quad bundle transmission line from Port...
The real reason behind a 1/3rd drop in Sep’ remittances
LAHORE: The recent drop in remittances by almost a third has been attributed to the “HBL saga” as per a research report published today....
Asian shares fall as investors await new Fed leader
TOKYO: Asian stock markets were mostly lower on Thursday as investors awaited President Donald Trump’s announcement on his choice to lead the...
NEPRA rejects application of Nishat Energy to establish coal-fired power plant
ISLAMABAD: National Electric Power and Regulatory Authority (NEPRA) has rejected the application of Nishat Energy Limited (NEL) for the grant of generation...
Govt implements facilitative policies for telecom industry in Pakistan: PM
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Wednesday said that the government had implemented facilitative policies for telecommunication industry in Pakistan which flourished...
Market Daily: PSX makes a comeback, KSE 100 gains 836.45 points
-- Market bounced twice from 39,500 points
LAHORE: The Pakistan Stock Exchange (PSX) took a huge turn on Wednesday and recovered the losses...
Brent crude prices touch two-year highs
SINGAPORE: Brent crude oil prices were near two-year highs on Wednesday as OPEC has significantly improved compliance with its pledged supply cuts...
SBP profits rise 4pc for FY 2016-17
ISLAMABAD: State Bank of Pakistan (SBP) on Tuesday released its annual performance review report on Tuesday, reporting a 4pc annual growth in...
Saudi Arabia could jack-up crude prices in December
RIYADH: Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or...
Asian stock markets rise on optimism over global economic growth
TOKYO: Asian shares were higher Wednesday on optimism about global economic growth following gains on Wall Street.
KEEPING SCORE: Japan’s benchmark Nikkei 225...
Crop Technology Annual farmer Expo 2017 held in Lahore
LAHORE: The Crop Technology Annual farmer Expo 2017 was held in Lahore which was attended by a large of farmers.
The event was...
Mehreen Ahmed to helm major groups at Bank Alfalah
KARACHI: After Sima Kamil's appointment as Pakistan's first woman President of a big commercial bank earlier this year, today another female was...
PPIB Board allows execution of IAS, SIAs for power projects on Thar coal
ISLAMABAD: A meeting of Private Power and Infrastructure Board (PPIB) on Tuesday allowed execution of Implementation Agreements (IAs) and Supplemental to Implementation...
PSO receivables stand above Rs306bn
ISLAMABAD: Rebirth of the menace of circular debt has been causing the cash-flow constraints for Pakistan State Oil (PSO) as receivables of...