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German companies interested in Thar Coal

Federal Republic of Germany on Monday said some German companies have interest in the potential of Thar Coal. Germany has a big coal industry, a long history and expertise in the clean coal technology which reduces the environmental impact of energy generation from coal, said Samy Saadi, Head of Economic ... Read More »

popular budget can be devastating for the economy.ACCI

Islamabad: The Attock Chamber of Commerce and Industry (ACCI) on Sunday said a popular budget can be devastating for the economy. Government should not compromise economic considerations for the sake of a popular budget in the election year, it said. Talking to business community, Tariq Mehmood, President ACCI said that ... Read More »

RESCUE1122 CONTROLLED FIRE AT SALT MINE KHEWRA

Fire fighters of Punjab Emergency Service (Rescue 1122) controlled fire though professional fire fighting on modern lines at historical salt mine Khewra. Recue 1122 Chakwal received a fire call from khewra salt mine and responded on spot along with equipped firefighters. By considering the condition of incident Provincial Monitoring Cell  ... Read More »

Automated system for sale of mobile SIMs launched

ISLAMABAD – PTA and all cellular mobile operators have commercially launched an automated procedure for sale of mobile SIMs. According to the details, the framework for the new system was jointly signed on Jan 19 and has been implemented as per agreed deadlines. Subscribers’ documentation will be maintained electronically and ... Read More »

LPG goes cheaper than petrol, diesel

LAHORE – State-owned LPG producer Oil & Gas Development Company Limited (OGDCL) has reduced its base stock price of LPG for the third time this month to Rs 58,000 per ton (exclusive of duties and taxes).The latest price reduction of Rs 7,000 per ton came in the wake of piles ... Read More »

All set to increase HOBC rate

ISLAMABAD – In yet another controversial decision, the Ministry of Petroleum and Natural Resources (MPNR) is set to jack up high-octane (HOBC) price in Sindh compared to the rest of the country, thanks to the ever-ill policies of the government gurus.According to informed circles, the MPNR has decided in principle ... Read More »

Sellers block road Milk dearer by Rs7 per litre

LAHORE, May 10: Scores of milksellers under the banner of Lahore Milk Sellers Association blocked Kutchery Chowk near Aiwan-i-Adl for a couple of hours in protest against the City District Government of Lahore for pressurising them to sell milk for Rs54 per litre. The milksellers gathered at Kutchery Chowk and ... Read More »

IPPs delay legal action

LAHORE, May 10: A group of eight independent power producers (IPPs), which had invoked sovereign guarantees for the recovery of their dues of Rs34 billion, have delayed `legal action` till May 16 on the request of the government. `In principle we have decided to accept the government`s request to defer ... Read More »

Free trade Pakistanis have nothing to fear, say Indians

LAHORE- Pakistan`s business community should not have apprehensions that free trade between Pakistan and India under the most-favoured nation status would adversely affect their businesses in their home country. This was stated by Rahul Bajaj, Chairman, Bajaj Auto Limited, a leading Indian auto company, while talking to media at the ... Read More »

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