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...

Silkbank declares operating profit of Rs3.4bn for 9M2020

The Board of Directors of Silkbank Limited, in its recent meeting, declared an operating profit of Rs3.4 billion for the nine months ended September...

K-Electric profit slips in July-Sept quarter

The Board of Directors of K-Electric Limited (KE), in its meeting held recently at the KE head office, approved the company's financial results for...

PM seeks practical measures to streamline Pak-Afghan trade

Premier approves establishment of Export Development Board; calls for environmental protection in construction projects

Covid-19: KPRA fears significant decline in services tax collection

PESHAWAR: Like other industries, Covid-19 has badly affected hotels, rest houses and restaurants in Khyber Pakhtunkhwa, owing to which the provincial government was struggling to...

China to make 90pc investment in ML-1 upgradation: minister

RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed said on Monday that China will make 90pc investment in the upgradation of Main Line-1 (ML-1) project. He was...

LPG price hiked to Rs132 per kg

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Monday notified a Rs2/kg hike in the price of Liquefied Petroleum Gas (LPG) for the...

Khaqan Murtaza assumes charge as CAA director general

KARACHI: Flight Lieutenant (r) Khaqan Murtaza on Monday assumed the charge as director general of the Civil Aviation Authority (CAA). The CAA on Friday last announced...

Trump to add China’s SMIC and CNOOC to defence blacklist

WASHINGTON: The Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of...

Stocks stage sharp recovery after early losses

KARACHI: Despite early hiccups, the Pakistan Stock Exchange (PSX) managed to close the last session of the month in green, mainly due to late...

Punjab industries minister suspends audit notices issued to textile millers

LAHORE: Punjab Minister for Industries and Trade Mian Muhammad Aslam Iqbal has suspended audit notices issued by the Social Security Department due to the...

Soul Sisters Pakistan raises CA$46,161 for digital talk show

KARACHI: In a departure from traditional media models, the third season of Conversations with Kanwal (CWK) has raised CA$46,161 (Rs5.6 million) from a Kickstarter...