Business

Mobile phone industry to get boost under CPEC: Minister

ISLAMABAD: Minister for Industry and Production Makhdoom Murtaza Mahmud said that mobile phone manufacturing industry would flourish more under second phase of China Pakistan Economic Corridor (CPEC). He said that country was passing through hard tim...

SNGPL reduces UFG losses by 23,348MMCF

LAHORE: Sui Northern Gas Pipelines Limtied (SNGPL) has exceeded assigned target by reducing UFG losses by 23,348 MMCF. A press release issued by company said government of Pakistan had assigned task of reduction in UFG losses of SNGPL by 18,240 MMCF...

Pak-Qatar discuss avenues to enhance cooperation

ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar and Minister of Finance, State of Qatar Ali bin Ahmed Al Kuwari during meeting in Doha agreed to enhance cooperation in fields of science, technology, agriculture, education, trade, financ...

OGRA rejects speculations about diesel, petrol shortage

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) rejected speculations about shortage of diesel and petrol in country. “Sufficient stocks of petrol and diesel are available across country,” OGRA spokesman Imran Ghaznavi clarified in pre...

Rupee sheds value against dollar, closes to 230.40

Karachi: Rupee maintained its downward trend against dollar for 25th consecutive session as it depreciated 0.11 percent in inter-bank market. As per State Bank of Pakistan rupee declined by 0.25 paisa to close at 230.40. During ongoing fiscal year, r...

Entire power system fully restored in wee hours, claims Khurram

ISLAMABAD: Minister for Power Division Engineer Khurram Dastgir claimed that entire power system was fully restored at 5.14am Tuesday across country. Addressing press conference here, he said despite restoring system, there would be shortage of elect...

IMF agrees on talks with Pakistan for ninth tranche of loan

ISLAMABAD: International Monetary Fund (IMF) agreed on resuming talks with Pakistan regarding release of tranche under ninth review of Extended Fund Facility (EEF), sources told.  Sources said two sides are expected to hold virtual talk this wee...

Turi arrives in KSA to promote Pakistani manpower export

ISLAMABAD: Minister for Overseas Pakistanis and Human Resource Development Sajid Hussain Turi arrived in Saudi Arabia on five-day visit, mainly to promote export of Pakistani manpower to Saudi Arabia and enhance bilateral relations. At Airport, Deput...

China to enhance cooperation in various fields: Sun Weidong

ISLAMABAD: China has expressed to further enhance cooperation with Pakistan in various fields, strengthen multilateral coordination and expedite construction of China-Pakistan Economic Corridor (CPEC) in New Year. Chinese Vice Foreign Minister Sun We...

By 2030 Pakistan, CAC’s energy needs to increase by 30pc: ADB

ISLAMABAD: Pakistan and other Central Asian Countries (CAC) would have 30 percent rise in energy demands by 2030, Asian Development Bank (ADB) said. In addition to China $ 25 billion to $ 49 billion in investments are required to upgrade region&rsquo...

NC Big Stories

Babar Azam reclaims top spot in ICC Men’s ODI Rankings

Pakistan’s cricket star Babar Azam has once again ascended to the top of the ICC Men’s ODI Rankings, reclaiming the No 1 spot with 809 rating points, as per the latest update released by the International Cricket Council (ICC). Babar Azam...

KSE-100 soars 4,700 points, closes above 99k as PTI protest ends

KARACHI: After experiencing its largest single-day drop of over 3,500 points, the Pakistan Stock Exchange (PSX) made an impressive recovery, with the benchmark KSE-100 Index surging by nearly 4,700 points, marking the highest-ever single-day point ga...

Professionals Network organizes Islamic Banking & Finance Conference

KARACHI: Professionals Network recently organised Islamic Banking & Finance Conference at a local hotel in Karachi. The Chief Guest of the inaugural session was Syed Samar Hasnain (Executive Director, SBP). Speakers include Jawad Majid Khan (Pre...

Pakistan, China sign $250mln MoUs to enhance agri, food processing

ISLAMABAD: Pakistan and China have signed 13 Memoranda of Understanding (MoUs) aimed at boosting collaboration in agriculture and food processing sectors. The total value of these MoUs amounts to $250 million, reflecting a significant step toward str...
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