ICCI voices concerns over ballooning trade deficit

Islamabad: The Islamabad Chamber of Commerce and Industry (ICCI) has shown concerns over the all-time high trade deficit that has reached $30...

Trade deficit shoots up by 42pc to reach $30b

Islamabad: Amidst rising imports and declining exports, the trade deficit for financial year 2016-17 has shot up by 42pc to reach $30b....

Pakistan eyes 2018 start for China-funded Diamer-Bhasha dam

Islamabad: Pakistan expects China to fund a long-delayed Indus river mega dam project in Gilgit-Baltistan, part of disputed Kashmir, with work beginning...

Govt abandons $2b Gwadar-Nawabshah gas pipeline project

Islamabad: The $2b Gwadar-Nawabshah gas pipeline project has been abandoned by the incumbent government in light of the brewing diplomatic crisis that...

Patrind hydro-power plant gets connected to national grid: NTDC

Lahore: The National Transmission and Despatch Company Limited (NTDC) on Tuesday said that one unit of the Patrind hydro-power plant has started...

Rs 2.7bn set aside for Industries and Production Division

ISLAMABAD The government has set aside Rs 2737.27 million for 13 ongoing and new development projects of Industries and Production Division under Public...

Banking sector performance report for 1st quarter released by SBP

KARACHI The deposits of the banking sector have gone up by one per cent in the first quarter (Jan-Mar) of the calendar year...

PTA committed to protect consumer interests: statement

ISLAMABAD Pakistan Telecommunication Authority (PTA) has taken measures to protect consumer interests and to promote high quality ICT services to the consumers. All the...

Cotton growers advised against increased threat of pest attack

LAHORE Cotton growers have been advised to be vigilant to save their crop from pest attacks, especially those from white fly after Pakistan...

Increased taxes to damage construction industry: FPCCI

KARACHI The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Saturday asked the government to revisit new taxes slapped on the...

Pakistanis lack an event which they can call their own: Adam Dawood

KARACHI Yayvo.com is a leading name in Pakistan’s e-commerce industry. Backed by TCS, Pakistan’s most recognized courier, and logistics company, Yayvo has created...

Nexsource Pakistan launches car-hailing app, plans to roll out 15,000 cars

KARACHI Nexsource Pakistan, a social enterprise based out of Karachi, is launching a new ride-hailing app, E-Ride, tentatively in August this year and...

OCAC and OGRA settle dispute, sign agreement

OCAC to withdraw case against OGRA Islamabad: The Oil Companies Advisory Council (OCAC) – an industry group and Oil Gas Regulatory Authority...

Rs7.5b released to CPPA for partial payment of circular debt

PSO supplied 750,000 tons of fuel to power plants during this peak consumption season Islamabad: With the circular debt mounting, the Ministry of...

Govt starts power generation from two ‘illegal’ RPPs

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) government has secretly granted permission for generation of electricity to those two rental power projects, which were...