ADP 2016-21 decisive for growth in automobile sector: MoIP

Islamabad Ministry of Industries and Production Tuesday informed that investment under the Automotive Development Policy 2016-21 is very crucial for growth in this...

Russia-Pakistan gas pipeline in doldrums over tariff issue

ISLAMABAD Under the intergovernmental agreement which was signed by the two countries in 2015, implemented by RT-Global Resources-part of Rostec corporation- is in...

Cabinet Committee on Energy urges no power outages during Ramazan

Islamabad The Cabinet Committee on Energy (CCE) chaired by Prime Minister Muhammad Nawaz Sharif on Tuesday unanimously approved no power shutdowns on account of...

CPEC has boosted construction sector, planning commission data reveals

Islamabad Planning Commission data has revealed that CPEC benefitted and boosted the construction sector helping create thousands of indirect jobs. This has indeed...

FBR faced with Rs 40 billion revenue loss in cigarette sector in FY17

Due to over taxation, the Federal Board of Revenue (FBR) is faced with a massive revenue loss of Rs 40 billion in...

Agri sector, CPEC project contributing to increasing private investment in Pakistan

Washington The China-Pakistan Economic Corridor infrastructure projects and a stable macroeconomic environment is contributing to an increase in private investment in Pakistan, a...

Mango exports likely to increase this year

Multan Mangoes exports are likely to increase during current year as 10 varieties of this exotic fruit have been registered with Federal Seed...

FBR to remove duty exemptions on certain items

Islamabad The Federal Board of Revenue (FBR) has lost around Rs6b in duty during financial year 2016-17 over the import of 24.3m Chinese...

Unpredictable tax policies could cause Engro foods to close down milk plant

Islamabad Ali Ahmad Khan Managing Director of Engro Foods while attending the meeting of the Senate Standard Committee on Finance said that the...

Dar reiterates government’s determination to resolve energy issue

Islamabad Finance Minister Senator Mohammad Ishaq Dar, Monday, while chairing a high level meeting regarding energy-related matters, reiterated the government’s determination to resolve...

Bhikki power plant not operational since twenty days

Islamabad The Prime Minister Nawaz Sharif will preside over a special meeting of the Cabinet Committee on Energy (CCE) today in which it...

Mari Petroleum makes new gas discovery in Sindh

Islamabad Mari Petroleum Company Limited (MPCL) has made a new gas discovery in its exploratory well Aqeeq-1 drilled in its Sujawal Block, located...

Fazl-e-Elahi praises federal govt. bid to curb illicit tobacco trade

PESHAWAR Senior Vice-President Khyber Pakhtunkhwa Chamber of Agriculture (KPCA) Fazal-e-Elahi Khan today welcomed the decision of federal government to introduce a new tier...

Labour bodies concerned over labour law violations in textile factories

KARACHI: The National Labour Council (NLC) and Pakistan Institute of Labour Education and Research (PILER) have expressed serious concern over grave violation...

Interest-free solar tube well scheme in final stages

ISLAMABAD: The modalities for implementation of interest-free Solar Tubewell Financing Scheme are being finalised and under which federal government would concur to...