Business

03/01/2015

RAWALPINDI: Due to decrease in price of petroleum products in international market the fare of public transports has also been...

PCRWR declares 10 bottled water brands as contaminated

ISLAMABAD: Pakistan Council of Research in Water Resources (PCRWR) has announced that 10 bottled water brands in the country are...

$60m decease: Forex reserves fall 0.57%, to $10,305m

KARACHI: Foreign exchange reserves of the country deceased by $60 million to $10,305 million on a weekly basis, as compared...

Huge cut in POL prices: CPI inflation remains at 4.3% in Dec, 6-month average stands at 6.98%

ISLAMABAD: After huge reduction in petroleum products, the monthly inflation, measured by the consumer price index (CPI), remained low in...

13% cut in POL prices: Transporters reject 20% reduction in fares

KARACHI: Despite 13 per cent reduction in petroleum, oil & lubricant (POL) prices, the public transporters in metropolis have rejected...

Unable to increase pensions from Rs3,600: Body set up to bail EOBI out of financial woes

ISLAMABAD: Headed by the State Bank of Pakistan Deputy Governor, a Task Force was constituted for administrative and financial restructuring...

5pc sales tax hike: Senate resounds with resent against hike in tax on POL products

ISLAMABAD: The Upper house of the Parliament resounded with resent against 5 percent increase in General Sales Tax on petroleum...

Profiteer to be fined up to Rs250,000? LPG being sold from Rs180/kg to Rs250 despite govt rate of Rs130

ISLAMABAD: The liquefied petroleum gas (LPG) mafia, including marketing companies and dealers, is still exploiting the cold weather and shortage...

Cost up by 300%, no increase in prices since 2001: PPMA rejects new drug policy

KARACHI: Pakistan Pharmaceutical Manufacturers Association (PPMA) has rejected the new drug policy, saying that the Health Ministry and Drug Regulatory...

Out of 76 samples: PCRWR finds 10 mineral water brands hazardous

ISLAMABAD: Pakistan Council of Research in Water Resources (PCRWR), a department of Ministry of Science and Technology, has found 10...

Raising GST to 22pc from 5pc on POL rates: LHC moved against tax hike

LAHORE: A petition has been filed in Lahore High Court (LHC) against 5 percent hike in the general sales tax...

Govt decreases LPG prices by Rs15/kg

LAHORE: The government of Pakistan on Thursday continued to provide relief to the people as the prices of Liquefied Petroleum...

Imposition of 5pc GST on petroleum products challenged in LHC

LAHORE: The government’s decision to impose an additional 5 percent general sales tax (GST) on prices of petroleum products (POL)...

Rs29.69/litre cut in 4 months: Petrol price decreased by Rs6.25, diesel by Rs7.86

ISLAMABAD: The government has further reduced petroleum, oil, & lubricants (POL) prices effective from Jan 1. Prime Minister Nawaz Sharif...

Another New Year relief: LPG price slashed by Rs 15/kg to Rs130/kg in Lahore

LAHORE: The government on Thursday provided further relief to the people on the occasion of New Year with lowering of the...

Current capacity of PSM reaches 45%, Rs 1b to boost production up to 60-70%

KARACHI: The production of Pakistan Steel Mills is increasing heavily due to far sightedness in policy matters and timely...

Shift of gas pilferage from 4.5% to 9%: IHC issues notices to Ogra, Petroleum Ministry

ISLAMABAD: The Islamabad High Court here the other day issued notices to the government on a petition that challenged...

New gas pricing mechanism: Sindh up to move apex court against Centre

KARACHI: Sindh Chief Minister Syed Qaim Ali Shah while presiding over a high level meeting directed the officials concerned to...

Raising UFG from 4.5pc to 9pc: IHC serves notices on Finance, Petroleum ministries, Ogra