With an eye on elections, govt speeds up heavy spending on development projects
-- CDWP sanctions 31 projects worth Rs 360 billion
-- 12 mega projects valuing Rs 342 billion referred to ECNEC
-- Govt holds second...
Over-billing, wrong meter reading not tolerable, strict action required: Leghari
ISLAMABAD: Power Division Federal Minister Sardar Awais Ahmed Khan Laghari has said that over-billing, fake billing and wrong meter reading are not...
DRA napping as spurious drug sales continue unabated
Islamabad: Drug Regulatory Authority (DRA) has asked the provincial authorities to furnish an investigation report to take legal action against M/s Everest...
Oil prices steady as tensions in Middle East continue
Singapore: Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower U.S. production...
ICAP accords PSO number 1 rank in its list of top 100 companies
Karachi: Institute of Chartered Accounts of Pakistan (ICAP) has selected Pakistan State Oil (PSO) as the number one company in its top...
PSM agrees to exchange 5,774 acres land for settling its debts
Islamabad: Pakistan Steel Mills woes worsened further as it was reported that its two largest creditors, National Bank of Pakistan and Sui...
Senate body criticises FBR for not being able to audit telecom sector
ISLAMABAD: Members of Senate Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Control strongly criticised the Federal Board of Revenue (FBR)...
CCP issues show cause notices to fabric companies for deceptive marketing practices
ISLAMABAD: The Competition Commission of Pakistan (CCP) Tuesday issued show cause notices to eight fabric and packaging companies for deceptively using the registered trademark...
Water filling in Neelum-Jhelum hydropower project’s reservoir commences
Islamabad: The strategically important 969 MW-Neelum Jhelum Hydropower Project (NJHP) achieved a major milestone on Tuesday as water filling has been started in the...
PTA gets approval for 5G testing
Islamabad: The federal cabinet has granted approval to Pakistan Telecommunication Authority (PTA) to issue a framework for temporary testing, trial and development...
China offers to buy 5pc equity stake in Saudi Aramco
Beijing: China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi...
Asian shares rise after Wall Street hits new highs
Tokyo: Asian stocks rose Tuesday after Wall Street’s major indexes hit new highs as China prepared to open a key political meeting.
KEEPING...
Opec compliance rate with output cut pledge stands at 86pc, says: IEA
Seoul: The Organization of Petroleum Exporting Countries (OPEC) has a compliance rate with their output cut pledges of about 86 percent, Fatih...
Oil prices stick to October high as Iraq tensions flare-up
Singapore: Oil prices clung to this month’s high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous...
Industrialization only path to development for Pakistan, says: Lijian Zhao
Islamabad: China’s Charge d’ Affaires Lijian Zhao in a conference held on Monday to talk about Chinese experience in sustainable development, said...