Govt bans new connections for industrial sector to meet gas shortfall

ISLAMABAD: The federal cabinet, while ratifying the proposed natural gas load management plan for the ongoing winter season, has directed that no new gas...

CAA notifies new SOPs for passengers travelling to Pakistan

KARACHI: The Civil Aviation Authority (CAA) has notified new standard operating procedures (SOPs) for international passengers, chartered and private aircraft flights to Pakistan. The new...

‘FATF compliance’: Govt to keep a close eye on CDNS investors

ISLAMABAD: The government has tightened the monitoring of investors of National Savings in order to comply with conditions of Financial Action Task Force (FATF)...

Chitral SEZ completed; businessmen invited to apply for industrial units

PESHAWAR: Construction work on the Chitral Special Economic Zone (SEZ) has been completed, whereas the Khyber Pakhtunkhwa Economic Zone Development Management Company (KPEZDMC) have...

First rail network opens between Iran and Afghanistan

HERAT: An Iranian goods train carrying tonnes of agricultural products chugged into a western Afghan province Thursday as the two countries marked the opening of...

PIA asked to lower fares for Gilgit-Baltistan to promote tourism

'PIA had recently lowered domestic fares by 30pc, but no relief was given to the people of GB'

Cannabis review site Weedmaps agrees $1.5bn deal to go public

WM Holding Company, a cannabis technology company which operates the online US platform Weedmaps where users find and rate marijuana sellers, said on Thursday...

Stocks manage modest gains despite political noise

KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile session on Thursday, with investors adopting a cautious approach amid political uncertainty. Global equity markets showed a...

‘Pakistan to have 30pc renewable energy by 2030’

The government has set targets to introduce 20 per cent renewable energy by 2025, and 30pc by end of 2030. This was shared by Special...

SBP reserves up $188m to $13.29bn

KARACHI: The foreign exchange reserves held by the central bank rose $188 million on a weekly basis, according to data released by the State Bank...

Govt stops sale of Rs25,000 denomination prize bonds

The government has stopped the sale of prize bonds of Rs25,000 denomination with immediate effect, while those in possession can be cashed or replaced...

SHC issues notices to OGRA, SSGC over gas shortage

The Sindh High Court (SHC) on Thursday issued notices to Oil and Gas Regulatory Authority (OGRA), Sui Southern Gas Company (SSGC) and others on...

S&P DJI to remove Chinese firms from indices after US blacklisting

NEW YORK: S&P Dow Jones Indices said on Thursday it would remove Chinese companies including Hikvision from its products, becoming the latest index provider...

Oil edges up on vaccine release, concern over Iraq oilfield attack

MELBOURNE/SINGAPORE: Oil prices edged up on Thursday, buoyed by a COVID-19 vaccine rollout in Britain and the imminent approval of a vaccine in the...

Indian farmers to step up protests, reject tweaks on new farm laws

NEW DELHI: India’s farmers on Wednesday rejected the government’s proposal to amend three controversial laws and said they would step up protests seeking withdrawal...