Finance Minister, Senator Mohammad Ishaq Dar here chaired a combined meeting of the officials of World Bank, Water and Power, Finance, Planning & Development and Economic Affairs Divisions.
Water and Power Development Authority (Wapda) has revised actual cost of 969MW Neelum Jhelum Hydroelectric Project to Rs 414.034 billion instead of the initial estimated cost of Rs 274.882 billion calculated in June 2012, showing an increase of 50 percent
Water and Power Development Authority (Wapda) has revised actual cost of 969MW Neelum Jhelum Hydroelectric Project to Rs 414.034 billion instead of the initial estimated cost of Rs 274.882 billion calculated in June 2012, showing an increase of 50 percent
Water and Power Development Authority (Wapda) has revised actual cost of 969MW Neelum Jhelum Hydroelectric Project to Rs 414.034 billion instead of the initial estimated cost of Rs 274.882 billion calculated in June 2012, showing an increase of 50 percent
Financial institutions have appeared reluctant to extend financial support to Port Qasim Authority (PQA) for its ongoing projects, following the non-compliance of statutory audit requirement since 2007, it was learnt here. According to sources, PQA, which
Financial institutions have appeared reluctant to extend financial support to Port Qasim Authority (PQA) for its ongoing projects, following the non-compliance of statutory audit requirement since 2007, it was learnt here. According to sources, PQA, which
Financial institutions have appeared reluctant to extend financial support to Port Qasim Authority (PQA) for its ongoing projects, following the non-compliance of statutory audit requirement since 2007, it was learnt here. According to sources, PQA, which
Futures spreads grew by 259 basis points to 13.38 percent from 10.78 percent of the preceding week. The week, which ended on October 16, however, saw average daily trading volumes declining 25.4 percent to 23.74 million shares compared to the previous 31.
Futures spreads grew by 259 basis points to 13.38 percent from 10.78 percent of the preceding week. The week, which ended on October 16, however, saw average daily trading volumes declining 25.4 percent to 23.74 million shares compared to the previous 31.
Futures spreads grew by 259 basis points to 13.38 percent from 10.78 percent of the preceding week. The week, which ended on October 16, however, saw average daily trading volumes declining 25.4 percent to 23.74 million shares compared to the previous 31.
Futures spreads grew by 259 basis points to 13.38 percent from 10.78 percent of the preceding week. The week, which ended on October 16, however, saw average daily trading volumes declining 25.4 percent to 23.74 million shares compared to the previous 31.
Driven by the regional bourses, Karachi stocks settled in the positive territory last week with KSE-100 index rising 0.3 percent WoW to 33,954.98 points. The trading turnover grew three percent and averaged on 181 million shares valuing down by 10 percent
Driven by the regional bourses, Karachi stocks settled in the positive territory last week with KSE-100 index rising 0.3 percent WoW to 33,954.98 points. The trading turnover grew three percent and averaged on 181 million shares valuing down by 10 percent
Driven by the regional bourses, Karachi stocks settled in the positive territory last week with KSE-100 index rising 0.3 percent WoW to 33,954.98 points. The trading turnover grew three percent and averaged on 181 million shares valuing down by 10 percent
Government is about to appoint a former general as national security advisor, tightening the powerful military's control over security policy and negotiations with India, officials said Sunday. Lieutenant General Naseer Khan Janjua, who retired from the m
Government is about to appoint a former general as national security advisor, tightening the powerful military's control over security policy and negotiations with India, officials said Sunday. Lieutenant General Naseer Khan Janjua, who retired from the m
The International Monetary Fund (IMF) would seek an explanation from Finance Minister Ishaq Dar and his team on the proposed package for textile sector, Rs 341 billion special farm package and as fraud in power sector revealed by NEPRA during the ninth ma
The International Monetary Fund (IMF) would seek an explanation from Finance Minister Ishaq Dar and his team on the proposed package for textile sector, Rs 341 billion special farm package and as fraud in power sector revealed by NEPRA during the ninth ma
The International Monetary Fund (IMF) would seek an explanation from Finance Minister Ishaq Dar and his team on the proposed package for textile sector, Rs 341 billion special farm package and as fraud in power sector revealed by NEPRA during the ninth ma
The International Monetary Fund (IMF) would seek an explanation from Finance Minister Ishaq Dar and his team on the proposed package for textile sector, Rs 341 billion special farm package and as fraud in power sector revealed by NEPRA during the ninth ma
The rupee moved in a narrow band against the dollar due to comfortable supply of greenback during the week, ended on October 17, 2015. In the interbank market, the rupee gained five paisas against the dollar for buying and selling at Rs 104.37 and Rs 104.
The rupee moved in a narrow band against the dollar due to comfortable supply of greenback during the week, ended on October 17, 2015. In the interbank market, the rupee gained five paisas against the dollar for buying and selling at Rs 104.37 and Rs 104.
Former President Asif Ali Zardari has paid glowing tributes to the martyrs of Karsaz, Karachi, who laid down their lives while welcoming Shaheed Mohtarma Benazir Bhutto on her return home from exile eight years ago on this day.
Former President Asif Ali Zardari has paid glowing tributes to the martyrs of Karsaz, Karachi, who laid down their lives while welcoming Shaheed Mohtarma Benazir Bhutto on her return home from exile eight years ago on this day.
Pakistan has eliminated all members of the Uighur militant group the East Turkestan Islamic Movement (ETIM) from its territory, but must remain vigilant to ensure they don't return, the defence minister Khawaja Asif said in Beijing on Sunday.
Pakistan has eliminated all members of the Uighur militant group the East Turkestan Islamic Movement (ETIM) from its territory, but must remain vigilant to ensure they don't return, the defence minister Khawaja Asif said in Beijing on Sunday.
Water and Power Development Authority (WAPDA) will construct small and medium dams in Balochistan to conserve water in less developed, remote and far-flung areas. According to a private news channel, in the first phase, five small and medium dams are at d
Special Investigation Unit (SIU) of Islamabad Police arrested 588 criminals during the current year including mostly those involved in heinous crime and recovered valuables worth of Rs 7,14,37,900 from their possession.
Special Assistant to KP CM on Livestock, Mohibullah Khan has said that the development of livestock sector play crucial role in economic stability, saying the provincial government is taking all possible steps for livestock farmers.
Police on Sunday arrested five terrorists associated with a banned organisation during a counter terrorism raid in Balakot, Sub-division of district Mansehra, Khyber Pakhtunkhwa and recovered 30kg explosive material from their possession.
Board of Directors (BoDs) of Utility Stores Corporation (USC) is all set to conduct interviews to fill the lucrative post of Managing Director on October 19-20, which is vacant since long due to confrontation between the Board and Ministry of Industries a
Pakistan High Commissioner to UK, Syed Ibne Abbas said on Sunday that PML-N led government was focusing on educating the youth with particular focus on girls' education.
Taher G. Sachak is the Managing Director and Chief Executive of EFU Life. He joined the firm in 1994, after working in UK with Allied Dunbar, Trident Life and Century Life. He is also a Director of EFU General Insurance, Vice Chairman of Allianz EFU Healt
Taher G. Sachak is the Managing Director and Chief Executive of EFU Life. He joined the firm in 1994, after working in UK with Allied Dunbar, Trident Life and Century Life. He is also a Director of EFU General Insurance, Vice Chairman of Allianz EFU Healt
Both PML-N government and Muttahida Qaumi Movement (MQM) have profusely thanked the chief of his own faction of Jamiat Ulema-e-Pakistan (JUI-F), Maulana Fazlur Rahman, for his role that he played in successfully persuading both the sides to reach an amica
The UK is betting that Pakistan is going to do something really exciting. We believe Pakistan has the potential to become a strong, modern democracy, with a growing economy, stable and secure.
The ninth International Monetary Fund (IMF) mandated quarterly review is scheduled for the end of the current month and indications are that there are significant shortfalls in the implementation of the structural as well as quantitative benchmarks that w
The staff report on the eighth review of Pakistan's on-going program with the Fund was released a few days ago. This was followed by a long conference call by the Mission Chief, Harold Finger, in which he responded to questions from economic journalists o
Addressing a news conference on Wednesday, Interior Minister Chaudhry Nisar Ali Khan, commented on various issues, including the Asghar Khan case and his own strained relations with a cabinet colleague Minister for Water and Power and Defence Khawaja Asif
Prime Minister Nawaz Sharif chaired yet another cabinet committee on energy meeting and was briefed on the status of ongoing projects, including those under the umbrella of the China-Pakistan Economic Corridor (CPEC), as well as the status of the LNG impo
Support for Chancellor Angela Merkel's conservatives has fallen to its lowest since May 2013, hurt by grassroots concerns about the ability of her government to handle a record inflow of refugees, a poll showed on Sunday.
Buses packed with migrants backed up on Serbia's border with Croatia on Sunday, their passage to western Europe slowed by a new diversion through Slovenia, which vowed to limit the influx. Many spent the night on the buses, wrapped in warm clothes and bla
Authorities in Indonesia's conservative Aceh province said on Sunday several Christian churches would be shut down this week, just days after a mob burned down a church, killing one person and injuring several others.
China's construction work on islands in the disputed South China Sea is "unwarranted provocation", Malaysia's armed forces chief said on Sunday, in a rare public comment about the spat from a country which has its own claims in the seas.
Montenegro's ruling coalition and opposition parties agreed to call an extraordinary session of the parliament's security committee to investigate whether the police used excessive force at an opposition rally on Saturday evening.
Powerful typhoon Koppu ploughed into the north-eastern Philippines before dawn on Sunday destroying homes and displacing 10,000 people and whipping up coastal surges four metres (12 feet) high, disaster agency officials said.
Two Turkish soldiers were killed when a roadside bomb hit their vehicle in the province of Tunceli, security sources said on Sunday, bringing the military death toll in two days of violence in the predominantly Kurdish east to six. The sources said a four
French police have carried out searches at Volkswagen offices in France, the Paris Prosecutor's office said on Sunday, as part of an investigation following revelations the carmaker rigged vehicle diesel emissions tests.
Sri Lanka would consider allowing Chinese naval ships to visit again but no request has been forthcoming yet, the country's defence secretary said on Sunday. Sri Lanka's previous government had caused concern in India with its close ties to Beijing, inclu
Already forced to operate in one of the world's most hostile environments for journalists, Afghan television stations are now being openly targeted by Islamist insurgents in a widening insurgency that threatens cities across the country.
Nato and its allies will open their biggest military exercise in more than a decade on Monday in a show of strength in the central Mediterranean that takes place as Russia seeks to reassert itself across the water in the Levant. While the exercises were p
All parties working with the name of 'Pasban' have agreed to work as 'Pasban-e-Pakistan' party and they vowed to introduce a new politics of service. This was announced by Pasban-e-Pakistan Altaf Shakoor, addressing a crowded press conference at Karachi P
Deputy Convenor, MQM Rabbita Committee Hyderabad, Shahid Pasha has said that the majority of candidates contesting in local bodies' election have been elected unopposed in Hyderabad district. Addressing a press conference at Hasrat Mohani Home Stand Hall,
Chief Minister Gilgit-Baltistan Hafiz Hafeez Ur Rehman called on Punjab Chief Minister Muhammad Shehbaz Sharif, here on Sunday. Matters of mutual interest and other important matters were discussed during the meeting.
Provincial chief JUI-F, Khyber Pakhtunkhwa, Maulana Gul Naseeb Khan Sunday said that their party and religious seminaries are fighting the war of the salvation of Islam and Pakistan while United States, India and Israel are busy in hatching conspiracies a
KP Chief Minister Pervez Khattak has termed federal government as biggest hurdle in foreign investment in mega development projects in Khyber Pakhtunkhwa government. Talking to a 15-member delegation of journalists from Lahore here in CM House, he said ac
The Pakistan International Airlines (PIA) has so far ferried 44,036 Hajjis back to the country onboard 162 flights, a spokesman for the national carrier said on Sunday. He said that two more flights of the Hajj operation - PK 7256 and PK 7258 - Sunday lef
Senior Sindh Minister for Information and Education, Nisar Ahmed Khuhro has said that the PPP is representing masses and its leaders Shaheed Zulfiqar Ali Bhutto and Shaheed Mohtarma Benazir Bhutto and workers always struggled and sacrificed their lives fo
Senator Mushahid Hussain Sayed, Chairman, Parliamentary Committee on China-Pakistan Economic Corridor (CPEC), and Secretary General of Pakistan Muslim League (PML), has attended the Asian Political Leaders Conference in Beijing on invitation of the Commun
University of Sindh conducted a pre-entry test for admissions to Masters, MS / M-Phil and PhD programs at Allama I I Kazi Campus Jamshoro on Sunday. According to details, the pre-entry test was also held for Masters Program at other campuses of the univer
An over speeding dumper on Sunday knocked down a motorcycle near Stadium Road, leaving two people dead. The victims were rushed to a local hospital where both of them succumbed to their wounds. Sources said that the dumper's driver managed to escape from
All Pakistan Muslim League (APML) chief and former President, General Pervez Musharraf (Retd) has said that the reunification of Muslim League factions is the need of the hour and in the larger interests of country and its people. In a telephonic conversa
Law enforcement agencies (LEAs) on Sunday claimed to have arrested eight suspects including four terrorists involved in attacks on security forces in Khyber Pakhtunkhwa. The LEAs conducted raids in different areas of the city including Baldia Town, Jamshe
A protein that appears to be key in the development of Alzheimer's disease has been identified by scientists who say the discovery could provide a new drug target for dementia. Known as GPR3, the protein is believed to play an important role in reducing t
Pluto contains variety of rich colours on its surface, according to observations out on October 15 from NASA's New Horizons probe that stunned astronomers. The probe's first published science results revealed dark red parts at the equator of the dwarf pla
Failing to wash hands with soap - one of the cheapest and most effective health interventions - costs the lives of children and undermines efforts to meet a new set of development goals, the United Nations children's agency (UNICEF) said on October 15.
Say goodbye to Miami and New Orleans. No matter what we do to curb global warming, these and other beloved US cities will sink below rising seas, according to a study. But making extreme carbon cuts and moving to renewable energy could save millions of pe
Spreading antibiotic resistance could have disastrous consequences for patients undergoing surgery or chemotherapy, a study said on October 15. In the United States, up to half of infections after surgery and over a quarter of infections after chemotherap
Australian scientists are developing genetically modified plants containing drugs to treat life-threatening illnesses including cancer, diabetes, heart disease and HIV. David Craik of Queensland University and Marilyn Anderson of La Trobe University said
The weather phenomenon known as El Nino could lead to an epidemic of dengue fever cases in south-east Asia, international researchers said. Cases of dengue fever have been shown to rise along with the ocean warming trend, which occurs some years but not o
Antioxidant supplements that are supposed to boost health and slow ageing could in fact spur the spread of melanoma, the deadliest type of skin cancer, researchers said on October 14. The findings support recent studies showing that an over-the-counter vi
One of Europe's biggest glaciers, the Great Aletsch, coils 23 km (14 miles) through the Swiss Alps - and yet this mighty river of ice could almost vanish in the lifetimes of people born today because of climate change. The glacier, 900 metres (2,950 feet)
If a smartphone demands the power outlet every few hours or a notebook's battery is drained after just a few minutes, it's high time to install new batteries. A German computer magazine, c't, has been checking out if no-name batteries are a good answer.
Notebook computers are useful in many situations, but they don't really suit long periods of working, surfing or typing, because the small screen can strain the eyes and the viewing angle lead to neck and back pain.
Symphony, a financial industry messaging start-up, announced Monday that it has raised $100 million in a new round of funding from backers that included Google. An encrypted messaging platform launched by the year-old company has become a fast-growing riv
Struggling with frequent water cuts, residents of Syria's battered city of Aleppo have a new way to find the water needed for their daily lives - an interactive map on mobile phones. The online map, created by the Red Cross and accessible through mobile p
Facebook said Monday that it will begin testing a shopping tab for its mobile app as it works to ramp up advertising and online commerce offerings. Mobile advertising accounts for some three-quarters of the leading social network's revenue, and it is out
Facebook said on Tuesday it is testing an array of features aimed at getting people to watch more videos at the leading social network. The new tools come in a growing challenge to YouTube, which would be side-stepped as viewers flit between videos at Fac
Yahoo on Thursday set out to make its free email service hip again with upgrades that included getting rid of the need for passwords on mobile devices. Yahoo new email application allows users to sign-in without passwords, which have long been lambasted a
Users of Apple's iPhone and iPad devices shouldn't just rely on the company's iCloud system for backing up data, according to a German computer magazine. Although the cloud service automatically makes regular backups of all device contents, it can sometim
Working long hours these days means visiting lots of websites, which means any browser that's been in use for any length of time will have multiple tabs open. That means any computer user runs the risk of accidentally clicking on the wrong x symbol and, i
The newest version of Skype can perform real-time translations of spoken conversations in six languages, the company reports. People using Microsoft's video chat and messaging service have their choice of German, English, Spanish, French, Italian and Mand
Finding out what information Facebook has gathered on a user is relatively simple, requiring little more than a simple instruction to download data. Users should go to Settings, where there is a link offering to "Download a copy of your Facebook data." Cl
ASML, a major supplier to semiconductor makers, on October 14 reported a rise in third-quarter earnings that fell short of forecasts and a bigger than expected fall in new orders. The company said some chipmakers were either slowing investments or expect
Al Rajhi Bank posted its first quarterly rise in net profit in nine quarters on October 13 helped by lower expenses, Saudi Arabia's second-largest listed lender by assets said. Net profit rose 3.6 percent to 1.72 billion riyals ($458.8 million) for the th
Nestle, famous for its coffee and chocolate, is stepping up investment in nutritional therapy, a business it believes will eventually generate annual sales of 10 billion Swiss francs ($10.5 billion).
Bank Muscat, Oman's largest lender, posted a 15 percent increase in third-quarter net profit on October 13, according to Reuters calculations, meeting analysts' estimates on the back of higher net interest income. The bank made a profit of 46.4 million Ri
Bank Muscat, Oman's largest lender, posted a 15 percent increase in third-quarter net profit on October 13, according to Reuters calculations, meeting analysts' estimates on the back of higher net interest income. The bank made a profit of 46.4 million Ri
Delta Air Lines Inc on October 14 reported third-quarter profit that topped analysts' expectations, and it forecast that passenger unit revenue would decline in the fourth quarter year-over-year, although less than it has dropped in the prior two quarters
Delta Air Lines Inc on October 14 reported third-quarter profit that topped analysts' expectations, and it forecast that passenger unit revenue would decline in the fourth quarter year-over-year, although less than it has dropped in the prior two quarters
Global household wealth will grow at 6.6 percent annually, slower than the 7 percent estimated earlier, as the overall economic outlook remains weak, Credit Suisse said. Global household wealth is now expected to rise to $345 trillion in the year ending J
Intel Corp reported better-than-expected quarterly profit and revenue as strong performance in its data centre and Internet-of-Things businesses more than made up for continued weak demand for its chips used in personal computers. Shares of the world's la
Volkswagen will cut investment at its biggest division by 1 billion euros ($1.1 billion) a year and speed up cost cutting, the carmaker said on October 13, as it strives to cope with fallout from its cheating of diesel emissions tests. The German company
Increased outsourcing of digital technology services by western companies helped Tata Consultancy Services Ltd, India's largest software services exporter, post a 14.5 percent rise in quarterly net profit, meeting market expectations.
JPMorgan Chase & Co, the biggest US bank by assets, reported a 6.4 percent decline in revenue and profit declines in three of its four main businesses, underscoring how weak trading markets and low interest rates have hurt banks in recent months.
