ICCI demands to form reconciliation committee to resolve rent disputes

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Senior Vice President Muhammad Naveed has urged the government to form a reconciliation committee under...

Asia stocks, S&P futures slide as investors flee risk amid growth fears

MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 1 percent, erasing tiny gains made in the opening hour and hitting its lowest level since February 2017

Oil prices stabilize, after Trump’s tweet criticizing OPEC

NEW YORK: Oil prices edged up on Friday, stabilizing after an earlier slide driven by U.S. President Donald Trump’s criticism of OPEC’s...

Power Division directed to form special team to address overbilling woes

The team will visit different locations to listen to the complaints regarding overbilling and will order remedial measures on the spot ISLAMABAD: A...

Govt finalises plan to end electricity crisis prior to elections 2018

ISLAMABAD The federal government has finalised a plan to end electricity crisis prior to next general elections in the country by rationalising the...

Business confidence exhibits fall before upcoming elections: OICCI

The outcome of the survey was hugely impacted by despondency in retail and wholesale trade whose business confidence nosedived to 6 percent against 40 percent in wave 15

Cabinet rebuffs request to reverse farmer-friendly payment policy

ISLAMABAD: A request to reverse the step of timely payments to sugarcane growers and avoid exploitation by millers has been rejected by...

PM inaugurates 1410MW hydropower project at Tarbela

TARBELA: Prime Minister Shahid Khaqan Abbasi on Saturday inaugurated 1410 MW Tarbela 4th extension hydropower project. Azad Jammu and Kashmir President Sardar Masood Khan,...

Oil strengthens ahead of G20 meeting, but supply rise caps gains

International benchmark Brent crude rose 27 cents, or 0.5 percent, to $59.03 a barrel, having dropped 2.4 percent on Wednesday to $58.76 a barrel

Afghanistan unresponsive to Pakistan’s water treaty initiative

ISLAMABAD: The government of Pakistan is continuously trying to engage the government of Afghanistan into dialogue for a possible water treaty in future...

SAARC CCI to organise seminar on ‘Climate Resilient South Asia’

ISLAMABAD: The South Asian Association for Regional Cooperation (SAARC) Chamber of Commerce and Industry (CCI) will organise a one-day seminar on “A...

Mortgages escalate 250 percent during 1st quarter of FY 2017-18

KARACHI: Driven by low interest rates regime, State Bank of Pakistan (SBP) reported house financing loans registered a staggering rise of 250...

SBP deputy governor for review of banks’ business models to adapt to the changing landscape

KARACHI: State Bank of Pakistan Deputy Governor Jameel Ahmad has emphasised the need for a review of the prevailing banking business models...

Oil prices dip after three days of gains

Brent futures were down 5 cents at $74.49 a barrel by 0319 GMT, after gaining 0.8 percent on Thursday. They are heading for a near 2 percent gain this week, the first weekly increase in four

Automotive parts’ manufacturers show little interest in manufacturing parts for aircraft

The automotive parts and accessories manufacturers are trying to meet the expected huge demand for parts after the advent of new entrants...