NEPRA grants transmission licence to STDC

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday granted transmission licence to Sindh Transmission & Dispatch Company (Private) Limited (STDC)...

Pakistan decides to solve $117m trade dispute with Russia

ISLAMABAD: After restoring strategic relations with Russia, Pakistan is all set to solve its long-pending trade dispute worth $117 million with Moscow,...

Pakistan, China agree to break ground for ML-I project in six months

JCC approves Gwadar Master Plan, inaugurates Multan-Sukkur Motorway Chinese official says CPEC's 2nd phase to focus on socio-economic and industrial cooperation ISLAMABAD: The...

PM reiterates commitment to CPEC projects

China's National Development and Reform Commission (NDRC) Vice Chairman Ning Jizhe called on Prime Minister Imran Khan on Tuesday to discuss development...

Oil gains 1pc as China pushes Trump for more tariff roll-backs

NEW YORK: Oil prices rose more than 1pc on Tuesday on hopes for a US-China trade agreement and optimism that Washington could...

Cabinet approves Electric Motor Vehicle Policy

ISLAMABAD: The federal cabinet on Tuesday approved the Electric Motor Vehicle Policy, as Prime Minister Imran Khan directed his economic team to formulate...

Illegal constructions putting lives of millions at risk: ABAD

KARACHI: Association of Builders and Developers of Pakistan (ABAD) Chairman Mohsin Sheikhani has claimed that at least one million lives are at...

Swiss investors urged to explore opportunities in Pakistan

President Dr Arif Alvi has urged the Swiss companies to explore investment opportunities in Pakistan, a statement issued on Tuesday read. Talking to...

‘Current account deficit falls 64pc, FDI surges 137pc in first quarter’

ISLAMABAD: Economic Affairs Minister Hammad Azhar has said the current account deficit declined by 64pc during the first quarter of the ongoing fiscal...

PM Imran wants strategies for job creation, youth empowerment

Prime Minister Imran Khan on Tuesday directed his economic team to formulate strategies that could ensure job creation and youth empowerment. Briefing the...

NEPRA jacks up power tariff by Rs1.82 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs1.82 per unit increase in power tariff for all the power distribution...

Stocks stay in green amid volatility

KARACHI: The Pakistan Stock Exchange (PSX) managed to close a volatile session on Tuesday in the green zone. The indices, which opened...

Xi pledges wider market access, free-trade deals

President Xi Jinping on Tuesday pledged to further open China's economy, declaring the world must "knock down walls" as he opened an...

Chinese currency to be used for all new CPEC projects

ISLAMABAD: Pakistan has agreed with China for allowing utilisation of Chinese currency Renminbi (RMB) for execution of all new projects of energy...

Rs600 billion revenue shortfall estimated for current fiscal year

ISLAMABAD: The growth in revenue collection of the Federal Board or Revenue (FBR) is unlikely to go beyond 26 percent against the...