Business

Business

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…

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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…

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IPPs plan cut in generation amid rising circular debt

Private power producers plan to start cutting generation on the fresh build-up of their unpaid bills (known as inter-corporate circular…

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5 day Pakistan trade fair opens in India

Pakistan’s High Commissioner to India Abdul Basit on Thursday said he hoped the new Indian government would respond to Prime…

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19 Chinese groups to invest in Pakistan

Normal 0 false false false EN-US X-NONE X-NONE The Industrial and Commercial Bank of China (ICBC) has assured its full…

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Pakistani rupee weakens while stocks end higher

Pakistan's main stock exchange closed higher on Thursday, with the benchmark 100-share index of the Karachi Stock Exchange rose 0.64…

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LPG prices fall on rising production

LAHORE: Following the surge in local LPG production and the government’s consistent effort to reduce LPG producer prices, retail rates…

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Govt committed to ‘eliminate darkness in the country,’ says Nawaz

Prime Minister Nawaz Sharif said on Tuesday that his government was committed to address the issue of power shortage and…

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Warid needs to amend licence to offer 4G LTE says PTA

Raising objections on a request by Warid Telecom, Pakistan Telecommunication Authority (PTA) has now sought a fresh application from the…

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