Saudi seeks oil supply protection as US and Iran face off
DUBAI: Saudi Arabia called for swift action to secure Gulf energy supplies, after the United States blamed Iran for attacks on two...
Pakistan to get $3.4bn in budgetary aid from ADB
'$2.2bn will be released in the first quarter of FY20'
ISLAMABAD: Pakistan will receive $3.4 billion in budgetary support from the Asian Development...
Pakistan’s first 660cc ‘Alto’ all set to disrupt local automobile market
'The fuel-efficient vehicle comes as a relief for car users amidst high inflation and deteriorating economy'
ISLAMABAD: Suzuki's Alto is set to disrupt...
Sh Rasheed says will quit politics if railways’ circular debt not reduced
LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Saturday he would quit politics if the circular debt of Pakistan Railways is not reduced.
Addressing...
Saudi energy minister hopes to balance oil market before 2020
Saudi Arabia is working to balance global oil markets this year, the country’s energy minister said on Saturday when asked if there's...
Good governance, rational taxation imperative to attract investments: moot
ISLAMABAD: Highlighting some silver linings in the recently presented budget, eminent economist and former finance secretary Dr Waqar Masood Khan stated that the...
Nissan considers giving Renault some seats on oversight committees
TOKYO: Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed...
India set to raise tariffs on some US goods: reports
NEW DELHI: India has decided to raise tariffs on imports of 29 goods from the US after having deferred the move several times...
SC directs companies to pay tax on water extraction
ISLAMABAD: The Supreme Court on Friday directed the mineral water and beverage companies to pay the government taxes on extracting underground water for...
Pakistan, Belarus agree to enhance trade ties
ISLAMABAD: Pakistan and Belarus on Friday agreed to optimally utilize the existing institutional mechanisms and intensify bilateral cooperation in agriculture, industry and technology.
The...
Govt appoints Ali Jahangir Siddiqui as ambassador-at-large for investment
Siddiqui's appointment as Pakistan's Ambassador to US in the previous govt had met with severe criticism from PTI
The Ministry of Foreign...
NEPRA increases power tariff by Rs1.49 per unit
The National Electric Power Regulatory Authority (NEPRA) has increased the power tariff by Rs1.49 per unit for consumers, a private media outlet...
SECP holds roundtable to revamp bancassurance regulatory framework
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) held a roundtable to seek stakeholders’ suggestions and recommendations to revamp the 2015 bancassurance...
ADB to conduct feasibilities for installation of smart metres in KP, Sindh
ISLAMABAD: Asian Development Bank (ADB) will conduct feasibilities in the Peshawar, Hyderabad and Sukkur electric supply companies for installation of smart (AMI) metres...
Punjab govt presents Rs2.3tr budget for 2019-20
Rs350bn have been allocated for development, whereas Rs1.71tr have been earmarked for non-development expenditure
LAHORE: Provincial Finance Minister Makhdoom Hashim Jawan Bakhat presented...