Kekra-1: Exxon Mobil all set to pack up and leave

Pakistan was hopeful of finding large oil and gas reserves in its territorial waters in the Arabian Sea Hours after Prime Minister...

CNG price in Punjab surges by Rs3 per kg

LAHORE: The Compressed Natural Gas (CNG) dealers in Punjab on Saturday announced that they would increase the fuel price by up to Rs3...

FPCCI lauds govt’s efforts in broadening tax net

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) held an emergent meeting of its members at its head office in...

FBR chief vows to introduce long-term reforms in taxation system

'There is nothing ambiguous in tax amnesty scheme and neither will it be amended in the finance bill' KARACHI: Federal Board of Revenue...

Demand for Pakistani cotton increasing in int’l markets: official

MULTAN: Punjab Pest Warning & Quality Control of Pesticides Director General Muhammad Zafaryab Haider has said that the demand for Pakistani cotton...

Trump lifts steel, aluminium tariffs on Canada, Mexico

WASHINGTON: President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminium imports from Canada and Mexico that...

‘Pakistan Railways to run five special Eid trains’

Minister says efforts will be made to remove all encroachments within one month LAHORE: Railways Minister Sheikh Rasheed Ahmed has said that the...

Minister vows zero tolerance for gas pilferage

ISLAMABAD: Petroleum Minister Omar Ayub Khan said on Saturday that there would be zero tolerance against gas pilferage and directed the gas companies...

US may scale back Huawei trade restrictions to help existing customers

The US Commerce Department has said it may soon scale back restrictions on Huawei Technologies after this week’s blacklisting would have made...

Exxon Mobil evacuates foreign staff from Iraqi oilfield

DUBAI/BASRA: Exxon Mobil has evacuated all of its foreign staff from Iraq’s West Qurna 1 oilfield and is flying them out to Dubai,...

Iran changes tactics, destinations on oil exports

Iran has adopted new tactics and new destinations in shipping its oil exports following the re-imposition of US sanctions, a senior Iranian...

Hafeez Shaikh meets PSX delegates amid dull market sentiment

A delegation of leading businessmen and brokers on Friday held a meeting with Adviser to Prime Minister on Finance Dr Abdul Hafeez...

PM’s aide says rupee not being devalued for the first time

'Interbank dollar rate rose by Rs32 during PPP's era, while it increased by Rs26 during PML-N's tenure' Amidst criticism on the devaluation...

OGRA seeks 47pc increase in gas tariffs

After up to 143 per cent hike in gas prices last year, the Oil and Gas Regulatory Authority (OGRA) on Friday sought...

PM assures federal govt’s support for Thar coal project

ISLAMABAD: Prime Minister Imran Khan said on Friday that the federal government would extend all-out assistance to ensure the success of Thar coal...