DISCOs seek Rs1.80 per unit hike in power tariff

Power distributing companies have accumulated a loss of Rs201bn in the first two quarters of FY19 ISLAMABAD: The Task Force on Energy Reforms...

Trump scraps trade privilege for India; Delhi plays down impact

'India has implemented a wide array of trade barriers that create serious negative effects on United States commerce' WASHINGTON: US President Donald Trump...

Inclusion in EC’s terror financing list adds to Pakistan’s difficulties at FATF

ISLAMABAD: Although Pakistan, during the past six months, has taken multiple steps to meet the conditions of the Financial Action Task Force (FATF),...

E&T launches biometric verification system for vehicle registration

ISLAMABAD: The Excise and Taxation Department of Islamabad on Monday launched a Biometric Verification System with an aim to eradicate corruption during...

Cement exports to India suspended after 200pc hike in import duty

Indian buyers are asking Pakistani exporters to recall their containers and shipments LAHORE: The export of cement to India has been suspended...

Govt issues Rs200bn ‘Pakistan Energy Sukuk’

In order to resolve the country’s circular debt, the federal government has issued the first Pakistan Energy Sukuk of Rs200 billion. The Sukuk...

China agrees to finance 14 social sector projects in GB

ISLAMABAD: The visiting Chinese experts, who held detailed meetings with the representatives of federal and provincial governments, including Azad Jammu Kashmir and Gilgit...

Envoy proposes Pak-German Joint Chamber to promote bilateral trade

Ambassador Kobler appreciates the steps taken by govt to restore investor confidence in Pakistan BOI chief says govt is planning to launch...

Singaporean investors keen to become part of CPEC

'Business community of Singapore can take advantage of Pakistan's geographic location as a center point to the South Asian, Central Asian,...

OGRA approves up to Rs151 per MMBTU increase in gas prices

ISLAMABAD: As the issue of excessive and inflated bills to gas consumers remains unresolved, Oil and Gas Regulatory Authority (OGRA) has now approved...

NA body deplores slow establishment of customs’ offices at Torkhan, Chaman 

ISLAMABAD: A parliamentary panel on Thursday expressed displeasure over the slow progress in the establishment of customs’ offices at Torkhan and Chaman. The meeting...

Govt increases petrol price by Rs2.5 per litre

ISLAMABAD: The government on Thursday revised the prices of various petroleum products for the month of March 2019. According to a Finance Ministry notification,...

OGRA recommends Rs4.71 per litre hike in petrol price

The regulator has also requested the prices of diesel and kerosene oil to be raised by Rs9.44 and Rs8.06 per litre The...

PM orders refund of additional payments received from gas consumers

ISLAMABAD: Prime Minister Imran Khan on Tuesday directed the gas authorities to return the additional payments received from consumers and to take action...

Money launderers deserve no concession, maintains PM

–PM reviews steps to counter money laundering, financial corruption –Six banks fined Rs 247m over fake bank accounts: SBP –Foreign remittances up by 12.5pc after govt...