What is the PTI’s energy game plan?

How having a former hydrocarbon company CEO as finance minister will shape the government’s approach to Pakistan’s biggest economic challenge

On the budget, Asad Umar capitulates to the Q-Block babus

Asad Umar's lack of preparation on matters of taxation and finance have allowed the civil service to push for a rollback of necessary reforms

Govt’s tax collection can go through the roof

From an academic to leading Punjab’s digital revolution, PITB Chairman Umar Saif has overseen the largest land record digitisation in Pakistan in an effort to not just end corruption and land grabbing but in a bid to promote land as a liquid asset

Al-Futtaim Group to invest $230m in Pakistan’s automobile sector

-- Technology-oriented cars of Al Futtaim-Renault are expected to hit the roads in 2020 ISLAMABAD: Al-Futtaim Group, a large conglomerate operating in the United Arab...

Govt’s housing dream to cost Rs2tr yearly

-- Cost can further jump if prices of land and other services are included ISLAMABAD: As the Pakistan Tehreek-e-Insaf (PTI) government plans to launch...

Govt to pay back Rs50bln in circular debt

-- Phase-wise payment will begin from Monday after Ashura holidays ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government on Thursday decided to immediately pay back Rs50...

NAB starts graft probe against Customs DG

-- Complainant claims DG created and operated an unlawful “incentive system” at Faisalabad Dryport ISLAMABAD: The National Accountability Bureau (NAB) has formally started its...

Asad Umar presents amendments to budget for ongoing fiscal year

Finance Minister Asad Umar on Tuesday announced a “mini-budget” in the National Assembly and said that if the government continues in the present economic trajectory, the country will be doomed.

Govt set to impose Rs100bn taxes in mini-budget

ISLAMABAD: The federal government is all set to impose over Rs100 billion in taxes by increasing 5 to 10 per cent regulatory...

Pakistan raises gas prices to trim subsidies amid budget woes

Sarwar said the move would help ease part of the 152 billion-rupee ($1.24 billion) deficit for state-owned SNGPL and SSGC

Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan

At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.

Scottish renewable energy company eyes strong foothold in Pakistan

LAHORE: There cannot be enough emphasis on the need to promote renewable energy as a sustainable solution to all the energy related problems...

Pakistan and China agree on upgrading ML-1 railway track

BEIJING: The Ministry of Railways and the National Railway Administration of China (NRAC) have undertaken initial work on Pakistan Railways’ Mainline 1...

China to create three “green economic belts” in BRI countries including Pakistan

BEIJING: China has launched cross-border partnerships with several international non-governmental and civic organizations to create three "green economic belts" in countries involved...

Food ‘giant’ Gourmet denies producing motorbikes

Gourmet, which started as a food bakery 27 years ago, has a strong retail network with more than 100 outlets in Lahore alone