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In a first, Pakistan to export 1000 MW electricity to Central Asian State

News Desk
2018-12-05

ISLAMABAD – In a first Pakistan has decided to export electricity to theCentral Asian State. As per media report, Pakistan...

PIA, PSM privatisation: Federal government takes the final decision

News Desk
2018-12-05

ISLAMABAD – The government has removed 14 State Owned Enterprises (SOEs)including Pakistan International Airlines, Pakistan Railways, and PakistanSteels Mills from...

8 billion investment expected in Gwadar

News Desk
2018-12-04

ISLAMABAD – $8 billion investment is expected in the Gwadar Oil City. Minister for Planning, Development and Reforms Monday informed...

Diamer Bhasha Dam: Negative development reported in bidding process

News Desk
2018-12-04

ISLAMABAD – The Water and Power Development Authority (Wapda) has beenalleged of manipulating the bidding process of Diamer-Bhasha dam in...

Pakistan to have two Nuclear Power plants worth 2200 MW ready in next three years

News Desk
2018-12-04

KARACHI – Pakistan will have two nuclear power plants ready in next threeyears, it has been revealed. The 1,100MW Karachi...

11 billion traced in accounts of Pakistanis in Foreign Banks

News Desk
2018-12-04

ISLAMABAD – The government’s Spokesperson on Economic and Energy, DrFarrukh Saleem says Pakistan had received an information of bank accountshaving...

Pakistani Rupee gained against US dollar in interbank market

News Desk
2018-12-04

KARACHI – Pakistani rupee gained Rs1.87 against the dollar in theinter-bank market on Monday, closing at Rs137.84, said the State...

Have Pakistan IMF negotiations broken?

News Desk
2018-12-04

ISLAMABAD – Minister for Finance Asad Umar has revealed about negotiationswith IMF. He said that Pakistan’s negotiations with International Monetary...

Pakistan to become only the second country in the world to impose Sin Tax

News Desk
2018-12-04

ISLAMABAD – Pakistan is going to become the second country in the world toimpose Sin Tax, it has been revealed....

Agricultural subsidy: PTI government takes important step

News Desk
2018-12-04

ISLAMABAD – The Economic Coordination Committee (ECC) has taken importantdecision over agriculture subsidy. ECC has recommended a supplementary grant of...