IPPs attribute higher power tariff to transmission losses
IPP body says inquiry commission's claims of plants making Rs415bn profit under 1994 policy are 'wrong'
President Alvi approves amendments in companies’ law to facilitate startups
LAHORE: President Dr Arif Alvi has approved amendments proposed in the companies' law by the Securities and Exchange Commission of Pakistan (SECP)...
Inflation eases to 8.5pc in April
Experts believe inflation may drop further in May following a major cut in oil prices
COVID-19: Over 13,000 Pakistanis laid off in UAE
Foreign Office spokesperson Aisha Farooqui on Thursday disclosed that at least 13,000 Pakistan nationals lost their jobs in the United Arab Emirates...
Govt slashes petrol price by Rs15
ISLAMABAD: The government on Thursday reduced the prices of petroleum products by Rs15 to Rs30 to facilitate the general public amid falling crude...
ECNEC approves Rs175bn to settle Diamer-Basha land issues
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Thursday approved Rs175.43 billion to address land and resettlement issues pertaining...
‘Federal budget in 1st week of June, to focus on mitigating people’s sufferings’
Hafeez Shaikh says under the upcoming 'corona-budget', provision of cash, food and employment will be ensured for masses
Cabinet okays three-week extension in sugar probe
PM orders ban on the export of all edible items, decision to be reviewed after two weeks
Govt, development partners weigh economic impact of COVID-19
--'Manufacturing and service sectors likely to take a significant hit in 2020'
--'Fiscal deficit could rise to 9.6pc of GDP, while poverty figures...
Govt to pay small businesses’ power bills for three months
ECC approves Rs75bn relief package for unemployed labourers, SMEs
PM-formed think-tank identifies key areas to boost economy
--Forum mulls reducing GST on consumer goods from 17pc to 5pc
--Members highlight need for further reduction in policy rate, oil prices
ISLAMABAD: Adviser...
Sugar crisis inquiry commission given two weeks to submit report
ISLAMABAD: The sugar crisis inquiry commission has been given two more weeks to submit its detailed forensic audit report to the prime minister,...
Expelled sugar commission head reveals industry malpractices
ISLAMABAD: Sajjad Mustafa Bajwa, who was excluded from the sugar inquiry commission on allegations of "leaking valuable information to sugar owners", has...
Pakistan hasn’t received any foreign aid to fight corona, says PM Imran
ISLAMABAD: Prime Minister Imran Khan on Friday said that Pakistan has not received any financial assistance from any country or global organisation despite...
Territorial disputes to hamper Diamer-Bhasha Dam progress
Harban tribe of Kohistan and Thor tribe of Diamer are both claiming ownership of 8km land in Gandlo Nala area