US crude production rose by 6,000 barrels per day in January: EIA

WASHINGTON: U.S. crude production rose by 6,000 barrels per day (bpd) in January to 9.964 million barrels per day, the Energy Information...

SDPI budget proposals 2018-19: Govt urged to pursue simplification of tariff regime

ISLAMABAD: As the government has decided to announce the budget on April 27, it has been urged to simplify tariff regimes and reduce...

Market Daily: Key policy rates remain unchanged, indices settle positive

LAHORE: On its last trading day of the week, the KSE 100 index witnessed a range bound session amid significant drop in...

ACCA hosts thought leaders at ‘Pak Leadership Conversation’

ISLAMABAD: The Association of Chartered Certified Accountants (ACCA) is one of the world’s most forward-thinking global bodies of professional accountants, supporting its...

QASPL to be privatised despite NAB’s inquiry into alleged corruption

ISLAMABAD: The government of Punjab is still proceeding aggressively to privatise Quaid-e-Azam Solar Power Ltd. (QASPL) despite the institution being under investigation by...

Strong manufacturing base key to 7pc growth rate, says Haroon Akhtar

ISLAMABAD: Special Assistant to the Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said the government is aware of the need...

CCoP expected to give clearance to K-Electric sale

ISLAMABAD: The Cabinet Committee on Privatization (CCoP) meeting scheduled for Friday is set to take-up and give clearance for K-Electrics acquisition by...

Abraaj to shed 15 percent jobs globally

LAHORE: Abraaj Group woes don’t seem to be ending, as it is shedding 15 percent of its total workforce, as the largest...

Kapco challenges Rs27.727 billion penalty, initiates arbitration proceedings against Wapda

LAHORE: A notification sent to the Pakistan Stock Exchange (PSX) on Thursday by Pakistan’s biggest independent power producer Kot Addu Power Company...

Common standards for SAARC countries on food items approved

LAHORE: South Asian Association for Regional Cooperation (SAARC) nations have approved harmonised and uniform standards for three food items. While the final common...

Contract inked for 660MW power production of JCFPP

ISLAMABAD: An Engineering, Procurement, and Construction (EPC) contract for the first unit with a capacity of 660MW (out of two units of 660MW each), and...

Non-payment of subsidy adding to fertilizer manufacturers’ woes

ISLAMABAD: As the next budget is likely to be announced by the end of April, the government has yet to fulfill the commitments...

Monetary policy for next two months to be announced today

ISLAMABAD: Economists have dubbed the devaluation of rupee against dollar a preface to  horrendous of inflation. The monetary policy for the next...

Pakistan has become a country of opportunity for German investors: Envoy

ISLAMABAD: Special Assistant to the Prime Minister on Revenue, Federal Minister and Senator, Haroon Akhtar Khan has said the resolve and sacrifices...

APTMA delegation meets Miftah Ismail

ISLAMABAD:  A delegation of All Pakistan Textile Mills Association (APTMA) had a meeting with Adviser to Prime Minister on Finance Dr Miftah...