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Partial economic shutdown in US as budget deadline passes despite an appeal by Obama

WASHINGTON: A partial economic shutdown has begun in the United States after the Senate refused to approve the budget for next year.A midnight deadline...

PM Nawaz gives relief of Rs 2 per litre on new prices of petrol, diesel

ISLAMABAD: Prime Minister Nawaz Sharif has decided to a give a relief of two rupees per litter in the prices of Petrol and High...

Electricity tariff increased by Rs 5.89 per unit

ISLAMABAD: The federal government on Monday notified Rs 5.89 per unit increase in electricity tariff for domestic consumers using power from 201 to 300...

Price of petroleum products may go up

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) recommended to the government on Friday to increase the price of petroleum products.According to the summary...

Saudi Arabia to give $100 million loan for Neelum Jhelum Hydropower Project

ISLAMABAD: Pakistan and Saudi Arabia on Thursday signed an additional loan agreement of $100 million for Neelum Jhelum Hydropower Project (NJHP).The Kingdom has already...

PM Nawaz urges trade as path to economic development

UNITED NATIONS: Prime Minister Nawaz Sharif  has urged the world community to focus on trade as the path to economic development and not aid...

Pakistan-Africa Trade Centre inaugurated in Johannesburg today

JOHANNESBURG: Pakistan-Africa Trade Centre was inaugurated in Johannesburg‚ South Africa.Pakistani High Commissioner to South Africa Zaigham Uddin Azam inaugurated the establishment of the Trade...

Russia expresses readiness to help Pakistan build IP gas pipeline

ISLAMABAD: Russia is ready to extend financial and technical assistance to Pakistan in order to complete the multi-billion-dollar Iran-Pakistan (IP) gas pipeline project as...

Minister for planning says energy problem major hurdle in economic growth

ISLAMABAD: Minister for Planning‚ Ahsan Iqbal has said that energy problem is the major hurdle in economic growth of country.In the statement while addressing...

PPP opposes govt plan to privatize PIA

ISLAMABAD: Pakistan Peoples’ Party (PPP) on Wednesday opposed federal government’s plan to privatize Pakistan International Airlines (PIA), saying state institutions having strategic importance should...

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