PM approves reforms for freelance, IT sector
Prime Minister Imran Khan on Tuesday, approved multiple reforms to facilitate the IT, freelancer and startup sector. Included in the reforms were...
MCB allowed due diligence to acquire 55pc stake in Easypaisa
The State Bank of Pakistan (SBP) has granted conditional approval to MCB Bank to conduct due diligence for a potential transaction for...
PPL discovers hydrocarbon reserves in Sindh
Pakistan Petroleum Limited (PPL) has disclosed that it has made a hydrocarbon discovery from exploratory well, Mohar-1, in the Latif Block (the...
Electricity price likely to increase by Rs6.1 per unit
After a massive hike in the prices of petroleum products, electricity prices are likely to be jacked up by Rs6.1 per unit...
WACOG Bill passed by Senate, RLNG future secured but at what cost?
The Senate has passed a bill to adopt the Weighted Average Cost of Gas (WACOG) to price the gas. Although it is...
NEPRA decreases power tariff by Rs2.59 per unit for K-Electric consumers
National Electric Power Regulatory Authority (NEPRA) has approved Rs2.59 per unit cut in the power price for the consumers of K-Electric on...
Govt jacks up petrol price by Rs12.03 per litre
The government on Tuesday jacked up the price of petrol by Rs12.03 per litre with immediate effect.
According to Finance Division, petrol price...
Govt intends to launch 5G by 2023, says PTA chairman
Pakistan Telecommunication Authority (PTA) Chairman on Tuesday informed the Senate Standing Committee on Information Technology and Telecommunication that the government intends to...
No use of digital tablets to read gas, power bills during 7th census, says PBS
Pakistan Bureau of Statistics (PBS) has refused to use tablets for reading gas and electricity bills of households for the 7th Housing...
Broadband and Corporate Services push PTCL’s revenue up by 7pc
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) posted 7% growth in its revenues, owing to growth in Broadband and Corporate & Wholesale business...
Hascol CFO, director granted pre-arrest bail in Rs54bn fraud case
The Special Court for Offence in Banks (SCOIB) in Karachi on Thursday granted interim pre-arrest bail to 25 suspects in a case...
Govt to issue license to Q-Airways for flight operation
The government has granted approval to issue Regular Public Transport (RPT) license to Q-Airways (Pvt.) Limited to launch a private airline in...
Govt, Etisalat agree to settle dispute, evaluate properties
The government of Pakistan and Etisalat International on Thursday agreed to make an evaluation of properties and to settle their dispute.
Finance and...
CDWP clears Rs270bn Karachi Circular Railway project
KARACHI: The Central Development Working Party (CDWP) on Thursday cleared the Karachi Circular Railway (KCR) as a modern urban railway project worth...
SBP imposes penalty on five banks
The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs57.834 million on five major banks for violating regulatory instructions...