KE chief says company ‘cannot be blamed’ for Karachi load shedding

'PSO had received permission to import oil for KE power plants after considerable delay'

EOBI beneficiaries to receive 10pc subsidy at utility stores

ISLAMABAD: The Employees Old-Age Benefits Institution (EOBI) and Utility Stores Corporation (USC) signed an agreement on Friday through which around eight million...

Planning ministry seeks business community’s proposals for development of Islamabad SEZ 

ISLAMABAD: The Ministry of Planning and Development on Friday sought proposals from the Islamabad Chamber of Commerce and Industry (ICCI) regarding the...

Four small cattle markets to be established outside Islamabad

ISLAMABAD: The Islamabad Capital Territory (ICT) administration on the directions of National Command Operation Center (NCOC) and district magistrate has decided to...

Weekly inflation rises 0.98pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on July 9 witnessed an increase of 0.98pc as compared...

Govt to allow export of surgical masks after assessing local availability, says Razak Dawood

Advisor to the Prime Minister (PM) on Commerce and Investment Abdul Razak Dawood on Friday said that the government is considering export...

Cement scrips help KSE-100 close in green

KARACHI: Trading at the Pakistan Stock Exchange (PSX) remained range-bound on Friday, with the indices oscillating in both directions before settling in...

Oil steadies on resurgence of virus cases

LONDON: Oil prices steadied on Friday but were still set for weekly declines as inventories rose and record-breaking new coronavirus cases in...

US bans PIA flights over pilot concerns

US transportation dept revokes permission for PIA to conduct charter flights to the United States, citing Federal Aviation Administration concerns over Pakistani pilot certifications

FBR holds ‘open hearing’ to address business community’s concerns

LAHORE: The Federal Board of Revenue (FBR) and Lahore Chamber of Commerce and Industry (LCCI) on Friday held an online 'open hearing'...

India suspends release of industrial output data for lockdown period

But unofficial calculations based on available data reveal industrial output contracted 34.7pc in May

KP’s FY20 annual development expenditure falls short by 53pc

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has spent only Rs150.9 billion or 47 per cent out of the Rs319 billion annual development...

Covid-19: Dolmen REIT announces rental waivers for July

BoD decides to waive 45pc rent for tenants having retail outlets in Dolmen Mall Clifton; minimum rent will not be charged to those who are closed or have limited operations

SBP’s foreign exchange reserves increase 7.2pc in a week

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 7.2 per cent on a week on week basis, according...

Govt committed to providing funds for Karachi Bulk Water Supply Project, says Asad Umar

ISLAMABAD: The Minister for Planning Development and Special Initiatives Asad Umar on Thursday said that the federal government is committed to providing...