Business
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Situation returning to normality as 11,500-ton petrol supplied to stations
LAHORE - The measures taken by the government to fight the petrol crisis have started bearing fruit as several petrol...
27.5mm size, 10g weight, 75% copper, 25% nickel: SBP to issue Rs20 coin to mark Pak-China friendship
KARACHI: The State Bank of Pakistan (SBP) will issue a special Rs20 commemorative coin on Jan 31 to mark the...
Excuse of petrol demand hike to 40,000 MT a day: LHC sees govt noserious to solve crisis
LAHORE - On behalf of the Ministry of Petroleum, a counsel told the Lahore High Court that till December, the...
Cotton rates remain unchanged at Rs4850, 7000 bales change hands between Rs4,750-Rs5,075
KARACHI: The cotton market remained in bearish note on Wednesday as buyers and sellers stayed away from the trading ring,...
5,000 tons furnace oil for power plants daily: Railways have fuel stocks for 17 days, claims Saad
ISLAMABAD: Federal Minister for Railways Khawaja Saad Rafique has said that Pakistan Railways keeps enough fuel stocks for 17 days...
OGDCL honoured with 7th Int’l CSR Award 2015
ISLAMABAD: Oil & Gas Development Company Limited (OGDCL) has been honoured with 7th International Corporate Social Responsibility (CSR) 2015 Award....
$6b worth 3000 MW power projects: CSAIL to enhance power generation up to 4000MW
ISLAMABAD: A CSAIL (China Three Gorges South Asia Investment Ltd) delegation has met Federal Finance Minister Ishaq Dar and briefed...
As 135,000 tons of furnace oil purchased, hike in power shortfall ruled out
ISLAMABAD - There is no chance of further worsening of the power crisis in the country because of the ongoing...
Lahore gets 1.5m litres petrol instead of 2.5m: 60% to 70% filling stations open again
LAHORE: The people of Punjab have had the sigh of relief after eight days as the most of petrol pumps...
Pakistan’s CAA unveils cause of Bhoja B732 crash at Islamabad on April 20, 2012
A newly released report reveals that the ineffective automated flight deck management in extreme adverse weather conditions by cockpit crew...
China’s $45.6b commitment: Work at Gwadar projects being expedited under PCEC
ISLAMABAD - Pakistan and China decided will speed up the implementation process of Gwadar projects under the Pakistan-China Economic Corridor,...
November saw Rs2b cut in fuel cost: Nepra decreases power tariff by Rs1.73 per unit
ISLAMABAD - For the consumers of K-Electric of Karachi, the National Electric Power Regulatory Authority (Nepra) has notified Rs 1.73...
12290 MT petrol demand swelled to 40,000 MT: Court seeks Ogra, ministry’s report
LAHORE - Demand of petrol in the Punjab province till December was 12290 metric ton per day which sharply swelled...
Agri loans up 38pc to Rs219.5b in July-Dec from Rs159.4bn: SBP
KARACHI - State Bank of Pakistan has disclosed that banks’ agriculture credit disbursement advanced 38 per cent to Rs219.5 billion...
NEPRA reduces Rs 1.73 per unit electricity charges for Karachi consumers
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has stated that a notification has been issued after November’s fuel adjustment....
Dollar closes firm against Pakistani rupee in interbank market
KARACHI: The dollar remained firm against the rupee in the interbank market. It started the day’s trading at Rs 100.30...
Govt supplies 19,300 metric tons of petrol, new shipments expected on 25th, 29th
ISLAMABAD: A spokesman of government has made it confirm that 19,300 metric tons of petrol was supplied to petrol pumps...
ANF recovers drugs worth Rs 96.19 million in nine operations
ISLAMABAD: ANF recovered 10.6 kilogram heroin, 2 kilogram morphine, 10 kilogram charas and 1.2 kilogram opium in 9 operations carried...
PSO supplies 40 million liters oil across country in four days
KARACHI: The Pakistan State Oil (PSO) has furnace oil stock for eight to ten days. Another 60,000 metric tons is...
Dollar closes firm in value versus Pakistani rupee
KARACHI: The dollar remained firm against the rupee in the interbank market. It started the day’s trading at Rs 100.30...
