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Author Archives: CT Report

Pakistan and Australia agree to further enhance bilateral trade  

australia-pakistan-flags (1)

ISLAMABAD: Pakistan and Australia Wednesday agreed to further enhance and strengthen bilateral trade, especially in the field of agriculture for the benefit of the two countries. The agreement was reached in talks between the delegations of the two countries here at Foreign Office. Australian Foreign Minister Ms Julie Bishop, who arrived here earlier in the day on a two-day visit, ... Read More »

PAC directs Commerce ministry to present irregularities’ report

reports

ISLAMABAD: Sub-Committee-II of the Public Accounts Committee (PAC) directed the Ministry of Commerce to conduct inquiries of irregularities and present its report to the committee within thirty days. The meeting of committee was held here on Wednesday under the Chairmanship of Syed Naveed Qamar including members Dr Darshan, Sahibzada Muhammad Nazeer Sultan,Muhammad Junaid Anwar Chaudhry and discussed the audit report ... Read More »

Pakistan committed to execute IP gas pipeline: Jam Kamal

IP gas

ISLAMABAD: Minister of State for Petroleum and Natural Resources Jam Kamal Khan said on Wednesday that Islamabad was committed to execute Iran-Pakistan (IP) gas pipeline. He said that a contract has been signed between Pakistan and a Chinese company to construct part of IP gas pipeline from Gwadar Port to Nawabshah. The comprehensive nuclear deal could accelerate the IP project, ... Read More »

ANF recovers 257 kg narcotics, arresting 14 persons

drugs25

ISLAMABAD: Anti-Narcotics Force (ANF) has recovered 160 kg heroin, 96 kg charas and 1.2 kg opium in 12 operations against drug mafia, besides arresting 14 drug smugglers including a South African national. ANF conducted 12 operations against drug mafia in various cities including Rawalpindi, Lahore, Peshawar and Karachi, said a press release. According to details, ANF Rawalpindi during routine profiling ... Read More »

Govt to purchase cotton from growers directly: Minister

cotton

No duty tax on import/export of cotton ISLAMABAD: State Minister for Parliamentary Affairs Aftab Ahmed Shaikh said that the government would directly purchase cotton from the farmers to facilitate them and bring stability in the prices. He said that farmers and traders could import/export the commodity freely as there is no restriction. He said that the cotton price was determined ... Read More »

Pakistan and Tajikistan vow to take bilateral trade volume to $500 million

pak taj

ISLAMABAD: Pakistan and Tajikistan agreed that all efforts should be made to achieve the target of $500 million of bilateral trade. Pakistan has also pressed Afghanistan for expeditious response on different spheres from the Afghan side, including road link between Pakistan and Tajikistan through Ishkashim (Afghanistan) and Joint Power Project on Kunar River. At two separate forums held here as ... Read More »

2016 Lexus RX 350 appears in 2015 New York Auto Show

2016-Lexus-RX-1

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 »

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

2016-Honda-Pilot

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 »

Renault’s all-new Trafic load-hauler is available in Australia at $33,490

Renault

SYDNEY: Renault’s all-new Trafic load-hauler is available in Australia at $33,490. The third generation Trafic was unveiled early last year, and its arrival in local showrooms complements the updated Master and Kangoo models in Renault’s commercial van range. The new Trafic can be configured in up to 270 ways in various markets, but the Australian range will be somewhat simpler. ... Read More »

2015 Audi A6 Allroad arrives with generous price cut, more equipment, sharpened styling

2015 Audi

SYDNEY: The 2015 Audi A6 Allroad has arrived with a generous price cut, more equipment and sharpened styling. Only one powertrain is offered a 3.0 litre turbo diesel V6 and the A6 Allroad’s mechanical package largely mirrors that of last year’s model. However, the rest of the package has seen some big changes. For one, the price of entry is ... Read More »

Toyota Hilux eighth-gene2016 ration pick-up truck to make its debut on May 21 with Thai sales slated

Hilux

TOKYO: 2016 Toyota Hilux eighth-generation pick-up truck will make its debut on May 21 with Thai sales slated to commence later this year. Aside from its new looks, the 2016 Hilux has been reported to arrive on the scene with two new engines a 2.4 litre and 2.8 litre engine, both turbocharged diesel units. Power outputs for the 2.4 VNT ... Read More »

Mitsubishi Outlander plug-in hybrid is second most common green car in UK

Mitsubishi Outlander

LONDON: The Mitsubishi Outlander plug-in hybrid is the second most common green car in the UK even though it was only released last year, industry figures show. Analysis of DVLA data by the RAC Foundation show there were 5,273 of the SUV licensed in the UK at the end of 2014, putting it second only to the Nissan Leaf. The ... Read More »

Peugeot adopts nation-wide drive-away pricing for its entry-level 308 Access hatch with $21,990 list price

Peugeot

SYDNEY: Peugeot has adopted nation-wide drive-away pricing for its entry-level 308 Access hatch, with the previous $21,990 list price for the manual model now including on-road costs. The auto version scores a $24,690 drive-away price, adding $700 to the previous list price (which excludes on-road costs). The new pricing applies only to the 308 Access hatchback. The 308 Allure, Allure ... 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

Honda

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

toyota

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 »

Pakistan Coast Guard seizes hashish worth $50 million

hashish1

KARACHI:  Pakistan Coast Guards (PCG) officials seized more than three tons (3130 kilograms) of hashish worth $50 million in international market bound for the Middle East from Pasni -Balochistan. On receiving information from intelligence sources regarding smuggling of a sizeable quantity of narcotics in general area Pasni, three special mobile teams were constituted for snap checking, said a statement on ... Read More »

Innovation, research must to enhance competitiveness in economy: Ahsan   

Ahsan-iqbal

ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal Tuesday said that innovation and research with adoption of new technology was needed to enhance competitiveness in economy. “International economic institutions and media now consider Pakistan as an emerging economy and recent $46 billion huge investment from China in infrastructure and energy attract the international community to invest here,” he ... Read More »

Solar energy to bring revolution in industrial sector: Baleegh-ur-Rehman

Solar power project

ISLAMABAD: Minister of State for Education, Training and Standards in Higher Education Muhammad Baleegh-ur-Rehman Tuesday said that solar power would bring a revolution in industrial sector. He said that 100 megawatt electricity, produced through the Bahwalpur solar power project has been added in the national grid. “Bahawalpur is a suitable place for this plant because it is desert area where ... Read More »

NAB arrests accused in Rs47.11 million scam

arrested

PESHAWAR: National Accountability Bureau (NAB) Khyber Pakhtunkhwa Tuesday arrested Abdul Basit of Islamic Investment Company Limited who cheated public in the garb of Islamic mode of business as the NAB has received Rs47.11 million claims so far against the accused. During the course of inquiry it was revealed that the accused person lured general public to invest their hard earned ... Read More »