07262016Tue
Last update: Tue, 26 Jul 2016 11am

Industries & Sectors

Pakistan - Industries & Sectors

Railways to complete Sibi-Khost section in 18 months ISLAMABAD: Pakistan Railways has started the construction work to restore Sibi-Khost section at a cost of an approximately Rs 2 billion and scheduled to be completed within a period of 18 months.The project is being executed in collaboration with the National Logistic Cell (NLC), official sources in the Ministry of Railways told APP.In this regard, Pakistan Railways had already made a payment of Rs 130 million through a cheque to NLC as a first installment of the contract, they added.Sibi-Harnai-Khost section of the Pakistan Railways along with eight bridges was destroyed by extremists resulting non-availablity of the suitable transpotation way to people of the area.The sources said that transportation at Sibi-Khost section had been suspended for the last ten years.With the restoration of the section, they said that people of the areas will not only be facilitated by passengers and freight trains operation but also improve the economic condition of ...

Pakistan - Industries & Sectors

Real estate will no more be a safe haven for black money: Haroon Akhter ISLAMABAD: Advisor to the Prime Minister on Revenue, Haroon Akhter Khan has said after passage of recent finance bill, real estate will no more be a safe haven for the black money.Speaking in a private news channel program late Wednesday, Haroon Akhter said over the decades, thousands of billions rupees were invested in the real estate on speculative prices to evade tax and secure the black money."After passage of the Finance Bill 2016, now this ...

Pakistan - Industries & Sectors

Daraz.pk sets records at Mobile Week Daraz.pk, is currently on the cloud nine as its latest Mobile Week broke records for all phone sales, claimed the ecommerce giant.According to local media reports, Daraz.pk informed that it received 2 million visits on its website, since the start of Mobile Week on June 20th and sold 21 times more phone orders in one day compared to your regular shopping day. The shopping festival started at 12 am on June 20 leading to an ...

Pakistan - Industries & Sectors

PESCO disconnects power supply to defaulter departments PESHAWAR: Peshawar Electric Supply Company (PESCO) on Wednesday disconnected power supply to various government departments on non-payment of billions of rupees. According to details, power supply disconnected to PA North on nonpayment of Rs1.15 million, passport office 0.11 million, Airport 0.47 million, NHA Rs 2.51 million, FATA DC Rs14.53 million, BS Company Rs1.0 million, C&W Rs1.40 million, Education department Rs. 3.50 million, Health Rs3.0 million, District Jail Bannu Rs5.40 million. Similarly, 34 connections of TMA ...

Pakistan - Industries & Sectors

Precision agriculture can reduce the cost of production: VC UAF FAISALABAD: University of Agriculture Faisalabad Vice Chancellor Prof Dr Iqrar Ahmad Khan has said that adoption of precision agriculture and genomics were essential to reduce the cost of production. Addressing the meeting of assistant professors and lecturers at New Senate Hall here on Tuesday, he said that as per reports, there would be 75 percent more food in the world than the requirement by 2050 due to latest technologies. He said that the UAF was ...

Pakistan - Industries & Sectors

WAPDA clarifies news item about water release from Mangla Dam reservoir MIRPUR: The Pakistan Water and Power Development Authority (WAPDA) spokesperson Tuesday clarified a news item appeared in a section of press, wherein it has been stated that impounding in Mirpur-based Mangla reservoir has been stopped due to non-completion of rehabilitation works near Khaliqabad on Mirpur-Kotli Road by WAPDA, consequently water worth billions of rupees is being released.The spokesperson has clarified that Indus River System Authority (IRSA) had agreed to maintain Mangla reservoir level at 1210 ...

Pakistan - Industries & Sectors

HESCO disconnects power supply to 500 defaulters ISLAMABAD: The Hyderabad Electric Supply Company (HESCO) in its ongoing operation against power pilferers and defaulters disconnected supply to over 500 defaulters outstanding besides removing around 400 illegal connection in Badin district.The spokesman told that electricity supply was suspended to the defaulters for not clearing Rs 80 million dues.He said that operation was conducted in Shahi Bazar, Chando Nagar, Ilyas Gopang, Memon Mohalla and other areas.Meanwhile, Xen Badin Abdul Sattar said HESCO officials were being ...