Monday , December 16 2019
Breaking News
Home / Author Archives: CT Report (page 3470)

Author Archives: CT Report

Six development schemes of Rs 1.2 billion approved  

LAHORE: The Provincial Development Working Party (PDWP) Punjab on Friday approved six development schemes of various development Sectors with an estimated cost of almost Rs1.2 billion. These schemes were approved in the 45th meeting of PDWP of current fiscal year presided over by the Punjab Chairman P&D Board Muhammad Irfan Elahi. The approved development schemes included: Third Party Evaluation of ... Read More »

Govt paying attention to economic development: Minister  

LAHORE: Provincial Minister for Home Col (retd) Shuja Khanzada Friday said that the Punjab government was paying full attention to economic development. He was talking to a delegation led by Dean National Management College, Naeem Aslam comprising participants of the course in Darbar Hall at Civil Secretariat. The Minister said under the national action plan, army, rangers and law enforcement ... Read More »

NA body on National Food Security meets 

ISLAMABAD: The National Assembly Standing Committee on National Food Security and Research met here Friday to discuss the total budget allocation of Zarai Taraqiati Bank Limited (ZTBL) for loan to the farmers for the years 2013-14 and 2014-15. The meeting of committee which held under the chairmanship of Malik Shakir Bashir Awan, MNA also discussed the province-wise budget allocation of ... Read More »

KPK power projects to generate 6000 MW electricity: Asif

ISLAMABAD: Federal Minister of Water and Power, Khawaja Muhammad Asif on Friday said that different power projects launched in Khyber Pakhtunkhawa would generate 6000 megawatt electricity. “The required amount was available to complete work on power projects for producing energy to fulfill the demand of the consumers,” he stated this while talking to a private news channel. “We have discussed ... Read More »

Dar instructs for finalizing budget strategy paper

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar Friday issued instructions to senior officials in Ministry of Finance to prepare budget strategy papers by next week so that the same could be placed before the cabinet for consideration well in time. The minister, presiding over a meeting from Dubai over video link also sought details regarding the meetings of Executive Committee ... Read More »

Dar to review budget preparations after reaching Pakistan 

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar said here Thursday that he has asked all concerned departments and officials of the Ministry of Finance to complete their preparations for the budget 2015-16 and also actively coordinate with other ministries in this regard. The minister has given instructions for convening a budget review meeting next week soon after his return from ... Read More »

Federal Govt approves amalgamation of KASB bank: SBP    

KARACHI: State Bank of Pakistan (SBP) on Thursday said that amalgamation of the KASB Bank Limited has been approved by the Federal government. In terms of the amalgamation scheme, KASB Bank Limited has been merged with and into Bank lslami Pakistan Limited, a statement of State Bank said here. Accordingly, the moratorium placed on former KASB Bank Limited has been ... Read More »

NAB arrests Postmaster for embezzlement in BISP fund   

ISLAMABAD: The National Accountability Bureau (NAB) arrested Akhtar Hussain Branch Postmaster Manglor District Swat allegedly involved mis-appropriation in Benazir Income Support Programme (BISP) causing more than Rs2 million losses to the government exchequer.      The BISP programme was meant to extend helping hand to all those deserving persons who were in dire need of financial support so that their ... Read More »

12 mega water, irrigation projects to be constructed in Mohmand: Governor     

PESHAWAR: Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan has said that 12 gigantic water and irrigation projects, with an estimated cost of one billion rupees would be constructed in Mohmand Agency which would improve the living standard of the tribal people to a great extent. He was talking to a delegation of elders of Mohmand Agency which called on him ... Read More »

Pakistan to start exports from Gwadar Port next week: Kamran Michael

ISLAMABAD: Minister for Ports and Shipping, Kamran Michael has said that Pakistan was going to start exports from Gwadar Port for the first time, during next week whereas till now it was being used for imports only. He stated this while addressing the Pakistani community and media at a reception organized by Pakistan High Commission London, according to a message ... Read More »

PM summons meeting of Islamabad traders’ representatives 

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif has summoned a meeting of the representative delegation of the traders of Islamabad at the PM House on Monday (May 11). The Prime Minister called the meeting as PML-N MNA Tariq Fazal Chaudhry called on him here Thursday and apprised him of the problems and reservations of the traders of the federal capital. Read More »

PTEA demands business-friendly budget

FAISALABAD: Pakistan Textile Exporters Association (PTEA) has demanded the government to announce business-friendly budget 2015-16, besides overcoming energy crisis in the country. The government should bring in necessary reforms and give special status to export-oriented textile industry allowing zero rating facility to boost investment and revive growth. In a statement here on Thursday, Chairman Sohail Pasha and Vice Chairman Rizwan ... Read More »

Textile industry criticizes FBR on proposed increase in ST on 5 export-oriented sectors

ISLAMABAD: FBR’s proposal to increase the sales tax on five-export oriented sectors from 2% to 5% has drawn widespread criticism from textile industry. “The government has already held up about Rs240 billion of these sectors. Any increase in sales tax rate will aggravate cash flow problems for the factories,” representatives of the associations said at a press conference here at Pakistan Hosiery ... Read More »

Subaru drops prices of its XV small SUV by $1250 for 2015

SYDNEY: Subaru has dropped the prices of its XV small SUV by $1250 for 2015, after already reducing prices of the previous model by $750 in January. These reductions follow the recent arrival of stiff competition like the Mazda CX-3, Honda HR-V and Renault Captur in the booming small SUV segment. This brings a new XV starting price of $26,490 ... Read More »

2016 Honda Pilot comes with 3.5-liter V6 now develops 280 horsepower, 260 lb-ft of torque, more than previous generation

TOKYO: 2016 Honda Pilot engine will be more powerful. Indeed, the 3.5-liter V6 now develops 280 horsepower and 260 lb-ft of torque, 30 horsepower and 7 lb-ft more than the previous generation. This engine will be mated to a six-speed automatic gearbox while a nine-speed automatic transmission will be available in the high-end version of the Pilot. The latter gearbox ... Read More »

Third-generation 2016 Toyota Tacoma appears

TOKYO: At the Denver Auto Show, Paul Cavanaugh gave the assembled media a quick pitch for the refreshed, third-generation 2016 Toyota Tacoma. The Tacoma is by no means midsize it is now a full size pickup with high-grade capabilities and some dandy new features to boot. This new Tacoma, which will come to local dealers this September, will come in ... Read More »

2016 Lexus RX 350 appears in 2015 New York Auto Show

SYDNEY: Lexus has now officially unveiled the company’s next generation RX 350 model. This vehicle has been revealed during its world premiere at the 2015 New York Auto Show. As Lexus puts it, the luxury mid-size SUV from Japan will have a ‘bold exciting new look’. It comes with attractively designed LED headlamps flanking its signature spindle front grille. Coming ... Read More »

Country to get surplus electricity in 2017: Muqam   

PESHAWAR: Advisor to Prime Minister, Engr. Ameer Muqam Wednesday said that 1000 megawatt electricity would be added in the system after completion of ongoing work on hydel power projects in Khyber Pakhtunkhwa. Talking to media here regarding ongoing hydro power projects in KP, he said that work on power generating projects including Tarbaila IV and V, Golan Gol Hydro Power ... Read More »

KPT shipping movement report

KARACHI: Following were the movement of ships at Karachi Port during the last 24 hours, ending at 0700 hours on Wednesday. SHIPS SAILED: Apiradee Naree Desh Bhakt MOL Distinction King Dlamond Pacific Dream Miho SHIPS BERTHED: Miseno Tanker Miho General Cargo Sima Prestige Container Ship Star Jing Coal Trioent Star Tanker EXPECTED SAILING DATE Bw Zambesi 06/05/15 EXPECTED ARRIVAL DATE ... Read More »

PAC directs Housing & Works ministry to pursue pending cases

ISLAMABAD: Sub-Committee-I of the Public Accounts Committee (PAC) on Wednesday directed the Ministry of Housing and Works to vigorously pursue the pending cases in courts. The Sub-Committee-I meeting was attended by Convener Shahida Akhtar Ali including members Abdul Rasheed Godil, Raja Muhammad Javed Ikhlas, and discussed the audit reports of the Ministry of Housing and Works for the year 1998-99. ... Read More »