India plans dam on Brahmaputra to offset Chinese construction upstream

NEW DELHI: India is considering a plan to build a 10 gigawatts (GW) hydropower project in a remote eastern state, an Indian official said...

China Southern Airlines launches direct flight from Wuhan to Islamabad

BEIJING: China Southern Airlines has launched a direct flight linking the central Chinese city of Wuhan with Islamabad, according to the airline’s local branch...

OECD sees global economy turning the corner on coronavirus crisis

PARIS: The outlook for the global economy is improving despite a second wave of coronavirus outbreaks in many countries as vaccines emerge and a...

Pfizer-BioNTech apply for EU emergency authorisation for Covid-19 vaccine

FRANKFURT: Pfizer Inc and BioNTech have applied to the European drugs regulator for conditional authorization of their COVID-19 vaccine, following similar steps in the...

Samsung may discontinue high-end Galaxy Note smartphones

SEOUL: Samsung Electronics Co Ltd may discontinue its premium Galaxy Note phone next year, sources with knowledge of the matter said, a move that...

UK retailer Debenhams to be liquidated

LONDON: British department store retailer Debenhams is to start a liquidation process that will see its stores close and the potential loss of 12,000...

ADB, Punjab govt partner to support healthcare PPPs

LAHORE: The Asian Development Bank (ADB) and the government of Punjab have signed a memorandum of understanding (MoU) to jointly promote public-private partnership (PPP)...

Pakistan’s IT exports, tech stocks set to boom in next decade: report

LAHORE: With more than 20,000 graduates entering the workforce each year in the technology sector and a prevailing pool of more than 300,000 IT...

Petrol price to remain unchanged till Dec 15

The government has decided to leave the prices of petrol, kerosene, and light diesel unchanged till December 15, a notification issued by the Finance...

FBR exceeds July-Nov collection target by Rs17bn

ISLAMABAD: The Federal Board of Revenue has achieved its tax collection target for the first five months (July-Nov) of the current fiscal year (FY21). According...

021Disrupt 2020 to host more than 5,000 innovators, entrepreneurs, disruptors in Pakistan

021Disrupt, Pakistan’s premier technology and entrepreneurship conference by The Nest I/O, is all set to take place virtually from November 30th - December 5th. Running...

FIA asked to probe Rs80bn misappropriation in Nandipur power project

ISLAMABAD: Power Division Minister Omar Ayub Khan has said that the previous government of Pakistan Muslim League-Nawaz (PML-N) had signed expensive energy agreements to...

OPEC reaches consensus to extend oil cuts by three months, Algeria says

DUBAI/LONDON/MOSCOW: OPEC members have reached a consensus on the need to extend existing oil production cuts for three months from January and will work...

Pakistan, China finalise Gwadar projects for upcoming JCC

ISLAMABAD: The 5th meeting of Pakistan China Joint Working Group (JWG) on Gwadar has finalized deliverable projects which would be placed before the next...

Govt likely to approve ‘uniform standards’ for steel industry

ISLAMABAD: The country's steelmakers have demanded the government to implement uniform standards for steel and its raw material in the country, sources revealed on...