Iran local cryptocurrency project on track despite ban by central bank
DUBAI: Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country’s central bank banned trading...
Oil dips as markets remain cautious on trade concerns
Front-month Brent crude oil futures were at $77.56 a barrel at 0430 GMT, 6 cents below their last close
Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail
ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail Friday said the government will mainly focus on setting the target for a...
Emerging geo-strategic environment requires closer Pak-Iran ties: IPI conference
ISLAMABAD: Speakers at a conference on Tuesday urged Pakistan and Iran to address each other’s concerns for taking the relationship forward particularly...
Nandipur Plant converted to LNG, likely to generate additional 100MW from 1st May
The Nandipur Power Plant has been successfully converted to liquefied natural gas (LNG), as of Saturday, 22 April 2017.
The Nandipur Power Plant...
Asian shares mostly lower as investors watch trade talks
Japan’s benchmark Nikkei 225 slipped 0.5 percent to 21,368.54 in morning trading and Australia’s S&P/ASX 200 gained 0.5 percent to 6,170.30
No additional tax to be imposed on telecom sector: Haroon Akhtar
ISLAMABAD:Â Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said that no additional tax will be imposed on the telecom...
Italy denies it will ban Huawei, ZTE from its 5G plans
MILAN: Italy has denied a report it will ban China’s Huawei Technologies and ZTE Corp from playing a role in building its...
More than half of new cars in Norway are electric
OSLO:Â Electric cars for the first time accounted for more than half of new cars in Norway in March, official data showed on...
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...
Relocation of Chinese industry to Pakistan will create new employment opportunities says: Ahsan Iqbal
Islamabad: Minister for Planning, Development and Reforms, Ahsan Iqbal Thursday said the relocation of Chinese industry in Pakistan would help create a...
Govt constitutes committee to formulate changes in PIU for agri-credit loans
ISLAMABAD: The cabinet has setup an inter-ministerial committee to be headed by Minister for Privatization, Daniyal Aziz for formulating recommendations for changes...
Govt may approve up to 214pc hike in gas prices
ISLAMABAD: The Petroleum Division on Monday sought the federal cabinet’s Economic Coordination Committee’s (ECC) approval for a 192 per cent hike in...
South Korean entities vie for better economic ties with Pakistan
Lahore: The economic growth of Pakistan has impressed South-Korean companies and they are eager to establish and develop their business operations here...
Consumers to bear brunt of OGRA’s decision of dismantling the Enforcement Department
ISLAMABAD: Consumers - the weakest stakeholders of the petroleum industry - are going to bear the brunt of OGRA’s decision of dismantling...