Molybdenum reserves found in Balochistan, Senate body informed on February 3, 2017ISLAMABAD: The Geological Survey of Pakistan (GSP) on Thursday informed a sub-committee of the Senate Standing Committee on Petroleum and Natural Resources that a rare metal, molybdenum, had been discovered in Balochistan. GSP Director General Dr Imran Khan informed the committee meeting, chaired by Fateh Muhammad Muhammad Hassani, about the natural resources’ surveys, completed specially […]
Balochistan is home to worlds most expensive metal on February 2, 2017 ISLAMABAD: The world’s most expensive metal molybdenum has been recently discovered in Balochistan which has 0.1 million dollars per ton cost and it is used for making the aircraft, said Geological Survey of Pakistan (GSP) Director General (DG) Dr Imran. He was briefing the sub-committee of the standing committee on petroleum on Thursday. The […]
Overseas Pakistanis are census outcasts on February 1, 2017ISLAMABAD: Overseas Pakistanis -who add more than $18 billion annually to the foreign reserves – would be ignored in the sixth national census starting on March 15. Pakistan Bureau of Statistics (PBS) chief Asif Bajwa said this in a monthly media briefing in PBS Headquarters. According to the government statistics, around 8 million Pakistanis were […]
Exim Bank needs another year to function properly on February 1, 2017ISLAMABAD: Business community will have to wait for another year to see the Export-Import (Exim) Bank of Pakistan function properly. Daily Times has learnt that the government has decided to take technical assistance from the Asian Development Bank (ADB) to operationalise Exim Bank of Pakistan after the indigenous manpower has failed to run the bank […]
PMs favouritism has no limit on February 1, 2017ISLAMABAD: Prime Minister Nawaz Sharif has crossed all the limits of nepotism by favouring his blue-eyed boys. Recently, Nawaz has given a third-time extension to press minister in New York Masood Anwar until December 2017. Daily Times learnt that Anwar’s contract expired on January 31. Earlier he was given a three-month extension after his retirement. […]
FBR wants bar on NAB, FIA to probe offshore companies on January 31, 2017ISLAMABAD: The Federal Board of Revenue (FBR) has given a proposal to Prime Minister Nawaz Sharif to prevent the National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) from investigations with regard to the proposed offshore tax amnesty scheme. Daily Times has learnt that the tax department proposed to provide legal cover to those who […]
BISP not in a mood to give $430m to the poor on January 29, 2017ISLAMABAD: The Benazir Income Support Programme (BISP) has failed to disburse $430 million under the Social Protection Development Project despite a lapse of more than three years. Daily Times learnt that BISP distributed only $123 million to 5.3 million beneficiaries until November 2016. The programme identified 7.2 million poor families (23% of the total population) […]
BISP not in a mood to give $430m to the poor on January 29, 2017 ISLAMABAD: The Benazir Income Support Programme (BISP) has failed to disburse $430 million under the Social Protection Development Project despite a lapse of more than three years. Daily Times learnt that BISP disbursed only $123 million to 5.3 million beneficiaries until November 2016. BISP identified 7.2 million poor families (23% of the total population) […]
Hydropower projects construction span almost equals plant’s total life on January 29, 2017ISLAMABAD: The Neelum-Jhelum Hydroelectric Project, having a lifespan of 30 years, has not been completed even after 28 years since the start of the construction work thereon owing to sheer negligence and ill-conceived policies of the respective quarters. Daily Times has learnt that the cost of 969 megawatt Neelum-Jhelum Hydroelectric Project has surged to Rs […]
PAC orders Commerce Ministry to hold inquiry into missing millions on January 20, 2017ISLAMABAD: A sub-committee of the Public Accounts committee directed the Ministry of Commerce to conduct an inquiry within 2 months against spending millions of rupees in purchasing luxury vehicles and furniture, unauthorised payment of education subsidy, excess expenditure on account of entertainment charges and overpayment of pay and allowances. The Public Accounts sub-committee met under […]