Day: July 17, 2021

ISLAMABAD:Indus River System Authority (IRSA) on Friday released 268,700 cusecs water from various rim stations with inflow of 363,800 cusecs. According to the data released by IRSA, water level in the Indus River at Tarbela Dam was 1457.68 feet, which was 73.68 feet higher than its dead level 1386 feet. Water inflow and outflow in […]

ISLAMABAD:Senate on Friday passed the bill to reorganize the Federal Medical Teaching Institutes Bill, 2021 and National Institute of Health (Re-organization) Bill, 2021. Both the bills were presented in the Senate by Adviser to Prime Minister on Parliamentary Affairs, Babar Awan, which were passed by the members of the parliament with the majority. The Senate […]

ISLAMABAD:Pakistan on Friday proposed to establish Shanghai Cooperation Organization (SCO) Development Bank for the development of member states on the same footing of International Financial Cooperation (IFC). While addressing the Industrial Ministerial Conference of SCO member states through a video link , Federal Minister for Industries and Production, Makhdum Khusro Bakhtyar said that in order […]

ISLAMABAD:Minister for Energy Hammad Azhar has said that the Economic Coordination Committee (ECC) approved to adjust the receipts of WAPDA, Pakistan Atomic Energy Commission (PAEC), Neelum Jhelum and National Transmission and Despatch Company (NTDC) with the outstanding loans of these institutions. The decision would further help reduce circular debt by Rs116 billion, he said in […]

ISLAMABAD:The Senate was informed on Friday that nine Special Economic Zones (SEZs) have been identified under China Pakistan Economic Corridor (CPEC) cooperation of industrial development. Replying to a question Minister of State for Parliamentary Affairs Ali Muhammad Khan said that out of nine CPEC Special SEZs, four SEZs were at advance stage of development including […]

ISLAMABAD:The National Assembly’s Standing Committee on Finance and Revenue Friday deferred decision on Security Exchange Commission of Pakistan (SECP) amendment bill 2020. The committee which met under the chairmanship of Faiz Ullah also deferred the Eradication of Riba Bill, 2019 (moved by Moulana Abdul Akbar and The Constitution (Amendment) Bill, 2020 (moved by Syed Javed […]

ISLAMABAD:The Petroleum Division would introduce a uniform regulatory regime for mineral-sector development across the country for which a project is being initiated during the current fiscal year to complete all legal formalities. Accordingly, the government has allocated Rs 30 million in the Public Sector Development Programme (PSDP 2021-22) for ‘Legal Consultancy Services’ to draft Model […]

ISLAMABAD:National University of Science and Technology (NUST) has signed an agreement with a multinational consortium led by International Consulting Associates (ICA) for the development and expansion of National Science and Technology Park (NSTP), Pakistan’s first STP. The signing ceremony of the expansion agreement of NSTP was held at NUST Islamabad campus the other day. The […]