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...

NA committee approves bill for Federal Government Properties Management Authority

The National Assembly’s Standing Committee on Finance and Revenue on Tuesday approved the formation of the Federal Government Properties Management Authority (FGPMA). FGPMA...

ICAP, ICMAP lock horns for the CA title

ISLAMABAD: The Institute of Cost and Management Accountants of Pakistan (ICMAP) has applied for trade mark registration of the Chartered Accountant title...

IMF sets six new conditions for Pakistan

The International Monetary Fund (IMF) has set six new structural benchmarks (SBs) for Pakistan including preparation of draft Personal Income Tax (PIT)...

Pakistan, China to discuss resumption of cross border trade through Khunjerab

Prime Minister Imran Khan on his visit to China will discuss the issue of the closure of Khunjerab border for trade activities...

Govt working to promote net-metering based solar energy systems, says Hammad Azhar

Federal Minister for Energy Muhammad Hammad Azhar has said that the government and Alternative Energy Development Board (AEDB) have been promoting the...