PSO's unpaid dues exceed Rs. 700bln
KARACHI: Pakistan State Oil (PSO) is grappling with an overwhelming amount of unpaid dues, which have now surpassed a staggering Rs. 700 billion. Recent reports reveal that PSO is actively pursuing the collection of approximately Rs. 765 billion fro...
‘Police, ABAD to form committee on land grabbing, extortions’
KARACHI: Additional Inspector General Sindh Khadim Hussain Rind said that police and Association of Builders and Developers of Pakistan will constitute joint committee to stop extortions and land grabbing in city. Addressing meeting at ABAD House AIG...
Premier Cables pavilion at GITEX Global 2023 in Dubai World Trade Centre attracts visitors
KARACHI: Shahid Ismail CEO of Premier Cables Pakistan, manufacturers of optic fiber cables highlighting participation in GITEX Global 2023 at Dubai World Trade Centre said our pavilion-second year at GITEX has proven to be significant platform, with...
Govt. taking measures to facilitate IT industry: Minister
ISLAMABAD: Caretaker Minister for IT and Telecommunication Dr. Umar Saif said that government was taking various steps to provide all possible facilities to Information Technology and telecom industry. "No doubt about potential in Pakistan's IT secto...
Pakistan may cease free electricity for DISCOs and GENCOs officers
ISLAMABAD: The Cabinet Committee on Energy (CCoE) in Pakistan is set to convene and is considering the discontinuation of free electricity units for officers of Distribution Companies (DISCOs) and Generation Companies (GENCOs). The proposal suggests...
‘Good news’ on PayPal, Stripe soon: Dr Umar Saif
ISLAMABAD: Caretaker Minister for Information Technology (IT) and Telecommunications Dr Umar Saif asserted that Pakistan will hear ‘good news’ about PayPal and stripe payment gateways in coming weeks. Addressing press conference along wit...
Rupee falls marginally, settles at 279.88 against dollar
Karachi: Rupee sustained losses against dollar as it depreciated 0.16 percent in inter-bank market. As per State Bank of Pakistan, rupee settled at 279.88, decrease of 0.45 paisa. During day, currency dealers said domestic unit was quoted at 281.5 fo...
KSE-100 index gains 149 points
Karachi: 100-index of Pakistan Stock Exchange (PSX) witnessed bullish trend, gaining 149.19 points, positive change of 0.29 percent, closing at 51,177.13 points against 51,027.94 points previous day. Total of 427,393,948 shares valuing Rs 15.509 bill...
IMF team to visit Pakistan for first review talks on Nov 2
Karachi: International Monetary Fund (IMF) delegation is scheduled to visit Pakistan for talks regarding initial assessment of country's $ 3 billion standby arrangement (SBA) on November 2. Finance Ministry, too, has started preparing for upcoming ta...
Chinese envoy calls on caretaker PM Kakar
Islamabad: Ambassador of Peoples' Republic of China to Pakistan Jiang Zaidong called on caretaker Prime Minister Anwaarul Haq Kakar. Prime Minister thanked Chinese President Xi Jinping and Chinese leadership for warm welcome and arrangements during h...
