CCP issues show cause notice to Telenor for deceptive marketing practices

ISLAMABAD: The Competition Commission of Pakistan (CCP) yesterday issued a show cause notice to Telenor Pakistan for prima facie violating section 10...

Complaints backfire as hosiery exporters demand Rs42.5bn in refunds

ISLAMABAD: As the Ministry of Commerce has recently complained about technological advancement and up gradation on the part of exporters in textile...

Oil prices remain steady on back of record US crude oil exports

Singapore: Oil prices were stable on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record U.S. exports...

Rising demand of fuel led to 3pc sales increase in September

Karachi: POL oil sales have gone up by 3pc to touch 2.16m tons during September this year due to rising demand of...

NBP’s China branch opening faces delays as capital shortage looms

Islamabad: Following HBL’s lead, National Bank of Pakistan’s (NBP) recent indictment by the Supreme Court over a pensions related case has left...

HBL says misidentification of individuals led to fine by US regulators

Islamabad: In a bizarre saga regarding imposition of $225m penalty on Habib Bank by a US regulator, a senior official from the...

BOI seeks boost in FDI to $250b by 2025

Lahore: Board of Investment is said to be formulating a long-term plan to extract maximum benefits from China-Pakistan Economic Corridor (CPEC) and...

Overriding ban on imported fuel power plants, federal govt grants waiver to Punjab

Islamabad: The federal government has flouted its own ban of setting up power plants on imported fuel, as it has allowed Punjab to...

OGDCL, PSO to supply 30 million litre high speed diesel every year

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), being the largest exploration and production company of Pakistan in public sector, has inked...

5,407 MW additional electricity being added in system: Abid

ISLAMABAD: Minister of State for Power Chaudhry Abid Sher Ali Wednesday said that around 5,407 megawatts (MW) additional electricity would be added...

PMIC and Alfalah insurance to protect livelihoods of subsistence farmers

KARACHI: Pakistan Microfinance Investment Company (PMIC) and Alfalah Insurance Company have signed a MoU to collaborate towards the development of need-based innovative...

Govt to solve problems faced by industry and manufacturing sector: Sartaj

ISLAMABAD: Planning Commission of Pakistan, Deputy Chairman Sartaj Aziz said that the federal government is committed to take up on priority the...

Electricity Transmission system poses threats for zero load-shedding claims

LAHORE: Surprises await PML-N government for relying on unreliable and ineffective electricity transmission system that lacks a crucial ingredient required for energy...

Delay in cane crushing flayed: Khurram Sherzaman

KARACHI: Pakistan Tehreek-i-Insaf (PTI) MPA Khurram Sherzaman said on Tuesday that the delay in issuing a notification for support price of sugarcane...

Growers face huge losses due to low paddy rates

LARKANA: The growers of Sindh and Balochistan are ready to harvest fresh paddy crop but they are facing low rates being offered...