Honda recalling 900,000 minivans because seats may tip forward

Honda recalling 900,000 minivans because seats may tip forward
WASHINGTON: Honda Motor said on Saturday that it was recalling about 900,000 minivans because second-row seats may tip forward if not properly latched after being adjusted. The Japanese automaker said the recall covered 2011-2017 Honda Odyssey minivans, all but 2,000 of which are in North America, and that it had 46 reports of minor injuries related to the issue. Honda... Read More

Jaguar Land Rover tests first driverless vehicle on public roads

Jaguar Land Rover tests first driverless vehicle on public roads
LONDON: Britain’s biggest automaker, Jaguar Land Rover (JLR), has tested its first driverless car on public roads, it said on Friday, as carmakers race against each other and tech firms to tap into new technologies. Last October, a pod heavily adapted from a compact Renault car was the first autonomous car to take to Britain’s streets as part of government-backed... Read More

Pakistan to soon kick-off production of commercial aircraft

Pakistan to soon kick-off production of commercial aircraft
DUBAI: Pakistan Aeronautical Complex (PAC) is all set to kick off production of commercial aircraft for domestic and international markets. This was stated by PAC official Air Marshal Ahmer Shahzad during interview with Khaleej Times on the sidelines of the Dubai Airshow 2017. Shahzad said Pakistan will produce aircraft with 10 to 30-seat capacity both for executive and non-executive passengers.... Read More

Govt vows to achieve 6pc GDP target: Dar

Govt vows to achieve 6pc GDP target: Dar
ISLAMABAD: Finance Minister Muhammad Ishaq Dar says budget of current fiscal year has been prepared with the primary aim of providing relief and increasing the welfare of the general public. He stated this while presiding over a meeting in Islamabad on Sunday to review matters related to Finance Division. He said that through prudent economic policies and strict financial discipline, the... Read More

CPEC declared as one of the best performing projects of Belt and Road

CPEC declared as one of the best performing projects of Belt and Road
ISLAMABAD: Deputy Chief of Mission at Chinese Embassy in Pakistan Zhao Lijian says China Pakistan Economic Corridor (CPEC) project is one of the best performing project of his country’s Belt and Road Initiative. He was speaking at a conference on ‘Belt and Road Initiative and CPEC’ in Islamabad on Tuesday. Lijian said the multi-billion dollar CPEC project, which is being... Read More

Pakistan to achieve 6 percent GDP due to investment in CPEC: IMF

Pakistan to achieve 6 percent GDP due to investment in CPEC: IMF
ISLAMABAD: The International Monetary Fund (IMF) has termed Pakistan’s economic outlook as “favorable” with improved availability of energy, and growth-supporting structural reforms. According to latest report released by IMF, confidence of investors in Pakistan is growing as its economy has stabilized after completing a bailout program. It cited Chinese infrastructure investments as one of the reasons for economic development. The... Read More

Finance Minister reviews matters related to tax collection

Finance Minister reviews matters related to tax collection
ISLAMABAD: Finance Minister Muhammad Ishaq Dar says prudent policies of the present government has resulted in 60 percent growth in tax revenue collection during the last four years. Presiding over a meeting in Islamabad today to review the matters related to tax collection, he urged the Federal Board of Revenue (FBR) to take all necessary measures to meet the argent... Read More
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