Banks to disburse loans under Naya Pakistan Housing Scheme from next week

KARACHI: Naya Pakistan Housing and Development Authority (NAPHDA) Chairman Lt Gen (r) Anwar Ali Hyder said on Friday that six commercial banks...
Asad-Umar

Asad reviews education projects under PSDP

ISLAMABAD: Minister for Planning Development and Special Initiatives Asad Umar on Friday chaired a meeting to review the progress of Federal Education and...

1,872km rail track to be laid for ML-1 project: minister

LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Friday that a 1,872-kilometre-long new rail track will be laid out under the Main...

Govt decides to utilise idle capacity of PGPC’s LNG terminal

ISLAMABAD: In an apparent bid to avoid looming gas crisis in the upcoming winter season, the government has decided to allocate the...

CCP raids Lahore office of Jahangir Tareen’s sugar mills, seizes important record

ISLAMABAD: The Competition Commission of Pakistan (CCP) on Friday raided the head office of JDW Sugar Mills, owned by Jahangir Tareen, in...

Ali Zaidi inaugurates online portal, website for ports & shipping wing

Maritime Affairs Minister Ali Haider Zaidi has inaugurated an online portal and a website for the ports & shipping wing, Radio Pakistan...

Petro Division to float tenders for 20 new E&P blocks in October

ISLAMABAD: The Petroleum Division has planned to auction 27 new exploration & production (E&P) blocks, of which 20 would be advertised in October...

Govt okays up to 262pc hike in prices of nearly 100 medicines

ISLAMABAD: The federal government has approved price hikes as high as 262 per cent for nearly 100 local and imported medicines in...

PM Imran proposes measures to stop illicit cashflow from developing countries

ISLAMABAD: Prime Minister Imran Khan on Thursday called upon the international community to take steps to counter illicit flows of money, saying...

Circular debt in gas sector rises to Rs250bn: minister

ISLAMABAD: Power Division Minister Omar Ayub Khan has said that circular debt in the gas sector has risen to Rs250 billion which...

CDA to spend Rs55bn on Islamabad development projects, PM told

Prime Minister (PM) Imran Khan on Thursday was apprised that the Capital Development Authority (CDA) would utilize Rs55 billion it had collected...

Govt following macroeconomic fundamentals to achieve inclusive growth: Hafeez Shaikh

ISLAMABAD: The government is committed to following macroeconomic fundamentals through effective policy making and targeted reforms with an aim to achieve sustainable...

Parliamentary panel for removal of bottlenecks in CPEC SEZs

ISLAMABAD: Parliamentary committee on Thursday directed the ministries concerned to remove all bottlenecks associated with the establishment of special economic zones (SEZs)...

SBP eases cash margin restriction on imports

The State Bank of Pakistan (SBP) has eased 100pc cash margin requirement on the import of certain raw materials to support manufacturing...

CCoE forms committee to finalise agreements with IPPs

ISLAMABAD: The Cabinet Committee on Energy (CCOE) on Thursday reviewed the report of a committee that was formed to negotiate with Independent...