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20 billion cubic feet Gas reserves found in Sujawal
The Mari Petroleum Company, a joint venture of the government and the Fauji Foundation, announced on Monday a ‘significant’ gas…
Federal Budget to be announced in second week of June
Strong indications are emanating from the ministry of finance that the national budget would be presented before the National Assembly…
Pak economy on track: IMF
The International Monetary Fund said Saturday that Pakistan's economic reform programme remained broadly on track, but warned over rising inflation.…
Govt diverts gas to power stations
The government on Friday diverted more than 105 million cubic feet per day (MMCFD) of natural gas from fertiliser plants…
Car sales increase despite price hike
Sales of locally produced cars inched up by 1.85 per cent in July-April 2013-2014 as compared to same period last…
Meezan Bank set to acquire HSBC Pakistan
HSBC has decided to sell its local operations to Meezan Bank. Since the beginning of financial crisis in 2007, many…
PM launches solar power plant in Bahawalpur
Prime Minister Nawaz Sharif on Friday laid the foundation stone of the country's first solar power project in Bahawalpur. During…
4,500MW power units unutilised due to faults and fuel shortage
More than 4,500MW of electricity generation capacity remained unutilised on Thursday because of various technical, financial and fuel-related problems, with…
Potato import may cost over $60m
The imposition of 25 per cent regulatory duty on potato exports and making its import at zero per cent have…