Germany’s motor vehicle tax for new high-emissions vehicles is set to rise starting 2021, the Cabinet agreed on Friday. Finance Minister Olaf Scholz pushed forth the changes, saying they would likely result in a slight increase in revenue for the state in the short term. Scholz noted that the goal was to have less high-emitting vehicles in the future and…
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PSO’s daily average sale and market share in both petrol and diesel have increased significantly in June’20 as compared to the last eleven (11) months due to the shift in demand from other companies’ outlets. The current daily average sale of PSO has increased significantly by almost 122% in these days as compared to the last eleven (11) months per…
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Photos of a woman were released sitting at the Prime Minister Imran Khan and Foreign Minister Shah Mahmood Qureshi’s chairs in the high security area of the ministry of foreign affairs in Islamabad. No explanation was given by the security of MFA as how this woman got there in the first place? It is reported that, ‘same group of women…
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Acclaimed Pakistani singer Atif Aslam has finally set the record straight about speculation about him exiting the music industry. During an interview with Hamid Mir on Geo News’ Capital Talk, the 37-year-old addressed the rumours going rife about his exit from Pakistan’s music scene. “The topic of leaving the music industry is one that’s quite personal. But I want to…
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The policy was proposed by the Ministry of Industries after consultation with various stakeholders from the Engineering Development Board, Ministry of Science and Technology, Ministry of Climate Change, Ministry of Science and Technology, and others. Minister for Industries and Production Hammad Azhar has said that this puts in place incentives reduced tariffs and taxes on machinery, parts, and sale of…
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Company sources say petro-giant debating special-purpose renewables unit with wider shift into electricity production and distribution and hydrogen
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MANILA, PHILIPPINES (10 June 2020) — The Asian Development Bank (ADB) has approved a $500 million loan to help the Government of Pakistan deliver social protection programs to the poor and vulnerable, expand health sector capabilities, and deliver a pro-poor fiscal stimulus to boost growth and create jobs as the country fights the novel coronavirus disease (COVID-19) pandemic. “The COVID-19…
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LAHORE: Nestlé Pakistan recently published its ‘Nestlé in Society: Creating Shared Value (CSV) 2019 report highlighting its three main focus areas globally: for individuals and families, for communities, and for the planet. Talking about Nestle’s Creating Shared Value (CSV) philosophy, Waqar Ahmad, Head of Corporate Affairs, Nestlé Pakistan, said, “Our CSV initiatives are geared towards addressing the challenges faced by…
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Adani Green Energy, part of India’s Adani Group conglomerate, will build 8 gigawatts of large-scale solar capacity worth $6 billion in India over the next five years, after winning the world’s largest solar energy tender award this week. The Solar Energy Corporation of India (SECI), a government body responsible for delivering India’s 100-gigawatt solar target for 2022, selected Adani Green…
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Electric cars from renowned automakers cost a fortune and there are plenty of import-related hassles that you have to go through, however, there’s an electric car that costs under $1,000. It is China made and can be ordered through Alibaba. An American citizen, Jason Torchinsky, ordered the same from a Chinese manufacturer called Changli. He, however, was left a little…
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