Govt striving hard to make PIA profitable: PM

Prime Minister Imran Khan on Tuesday said that Pakistan Tehreek-e-Insaf (PTI) government was striving hard to turn Pakistan International Airlines (PIA) into...

FBR launches software for effective monitoring of tax returns

Federal Board of Revenue Chairman Syed Shabbar Zaidi on Tuesday inaugurated a new software called 'Centralized Sales Tax & FED Assessment &...

CDWP refers four mega projects worth Rs213bn to ECNEC

ISLAMABAD: The Central Development Working Party (CDWP) meeting on Tuesday approved two projects worth Rs3.33 billion and recommended four projects worth Rs213.20 billion...

Dutch giant Royal Vopak to invest $2.8bn in Pakistan

ISLAMABAD: A delegation of Royal Vopak, a leading Dutch company that stores and handles various oil, chemicals, edible oils and natural gas-related products...

Consortium discovers oil and gas in Kohat

ISLAMABAD: A consortium of three exploration and production (E&P) companies on Tuesday announced to have discovered oil and gas in Kohat district of...

Indian economy set for weakest quarter of growth in five years

The Indian economy likely expanded at its slowest pace in more than five years in the April-June quarter, driven by weak investment...

Govt posts record budget deficit of Rs3.45tr

Deficit in PTI govt's first year was worse than the last years of PPP and PML-N govts Debt servicing and defence...

India’s Maruti Suzuki cuts 3,000 contract jobs

NEW DELHI: Maruti Suzuki India Ltd Chairman RC Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary employees,...

Hi-Tech Lubricants wins big at Corporate Report Awards 2018

Hi-Tech Lubricants (HTL) has been declared the runner-up (2nd place) at this year's Best Corporate Report Awards 2017-18 in the 'Fuel &...

Indus Motor’s profit drops 13pc in FY19

The Board of Directors of Indus Motor Company (IMC) met on Tuesday to review the company's financial and operating performance for the...

KSE-100 recovers to close 64 points higher

KARACHI: After bleeding for most part of the day, the Pakistan Stock Exchange (PSX) managed to stand its ground and ended the session...

‘Pakistan’s hydrocarbon reservoirs to deplete 60pc by 2027’

ISLAMABAD: Quoting a recent study about the fast depleting hydrocarbon reservoirs in the country, a senior official privy to the petroleum sector...

Gohar Ejaz Group sweeps APTMA elections for 10th consecutive year

LAHORE: The Gohar Ejaz Group has swept the All Pakistan Textile Mills Association (APTMA) elections for the 10th consecutive year. The Election Commission chairman...

PIA revival ‘will take some time’: CEO

Pakistan International Airline (PIA) Chief Executive Officer Air Marshal Arshad Malik has said the national flag carrier is moving on the right...

‘Thailand wants more imports from Pakistan’

KARACHI: Consul General (CG) of Royal Thai Consulate in Karachi Thatree Chauvachata has that his country is keen to increase the volume...