Tesla cuts China car prices to absorb hit from trade war tariffs

The electric carmaker, led by billionaire CEO Elon Musk, said it will cut prices of the two models by 12-26 percent to make the cars more “affordable” in the world’s top auto market, where sales of so-called new-energy vehicles are rising fast

Cement industry registers highest ever dispatches in March

Karachi: Pakistan's cement exports increased by a whopping 85 per cent while recording highest ever dispatches in the month of March, All Pakistan Cement...

Gas consumers in Sindh, Balochistan to receive Rs18bn from SSGCL in 5 years

SSGCL, which was overcharging its customers, has to pay back Rs 18 bn over the next 5 years, instead of paying instantly, allegedly due to its influential shareholders.

PM gives in-principle approval to construction sector as ‘industry’

Prime Minister Imran Khan on Thursday declared the construction sector as an industry by giving an in-principle approval, Radio Pakistan reported. The approval...

Govt increases petrol price by Rs2.5 per litre

ISLAMABAD: The government on Thursday revised the prices of various petroleum products for the month of March 2019. According to a Finance Ministry notification,...

Pakistan exported 570,000 tonnes of potatoes in one year

The annual consumption of potatoes in Pakistan is 3.2 million tonnes ISLAMABAD: Pakistan exported 0.570 million tonnes of potatoes to different countries during the...

Punjab focuses on cotton cultivation, subsidies to get quality yield

LAHORE: There is a complete ban on the cultivation of cotton in the province before the start of April due to chances of...

Massive oil price hike expected in diesel (HSD) price for second half of February

ISLAMABAD: The per liter price of high-speed diesel (HSD) is likely to witness approximately upto Rs 8/liter hike with the start of...

Tractor production falls 30.5pc in one year

The production of tractors in the country during the last fiscal year (FY19) dropped by 30.59pc as compared the production in the...

SC’s ban on high-rise constructions leaves thousands jobless

Around 70 steel re-rolling mills in Sindh and Balochistan have closed their operations owing to lack of demand ABAD chairman says...

Monetary policy reveals major economic challenges, says ICST

ISLAMABAD: The Islamabad Chamber of Small Traders (ICST) on Sunday said the recently announced tight monetary policy will provide some breathing space...

Money laundering greatest challenge for developing countries: PM Khan

BEIJING: Prime Minister Imran Khan on Sunday said that the advent of money laundering was the greatest hindrance to the growth of developing...

Pakistan-Hong Kong Trade and Investment Forum held in Hong Kong

CPEC has created abundant trade and Investment opportunities, says Ambassador Khalid by SALMAN ASHRAF   The first Pakistan-Hong Kong Trade and Investment Forum (PHKTIF)...

Country’s largest fuel farm inaugurated at new Islamabad airport

ISLAMABAD: Adviser to Prime Minister on Aviation Division Sardar Mehtab Ahmed Khan on Thursday inaugurated Pakistan’s largest and most advanced Fuel Farm Facility at the...

KP to complete work on 60MW hydropower projects by December

PESHAWAR: The Khyber Pakhtunkhwa (KP) government aims to complete hydropower projects totalling 60 megawatts (MW) by December 2020.  Currently, work on seven power...