Massive hike in gas tariff on the cards
SNGPL seeks Rs622 per mmbtu hike, while SSGC wants Rs85 per mmbtu increase in gas price to meet FY21 revenue requirements
Reduce electricity prices to boost industrialisation, exports, ICCI president tells government
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Ahmed Waheed on Tuesday urged the government to reduce the price of...
Rupee stabilises against US dollar in interbank market
ISLAMABAD: The exchange rate of Pakistani rupee stabilised against the United States (US) dollar falling only two paisas during the interbank trading...
Locust control among nine items on ECC’s agenda
ECC likely to allocate funds for media campaigns on Covid-19
Rs355bn collected by National Savings by June 15
ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved a total collection of Rs355 billion up till June 15 of the...
Oil prices up 4pc on supply cuts, improving demand
IEA forecast oil demand at 91.7 million barrels per day in 2020, 500,000bpd higher than its estimate in May's report
Covid-19: Pakistani advertisers expected to cut spending on ATL, BTL, digital mediums by $55m in FY21
KARACHI: Ever since the world went into lockdown to flatten the curve, National Aeronautics and Space Administration (NASA) satellites noted that the...
Stocks rally 194 points to cross 34,000 mark
KARACHI: After a lacklustre start to the week, the Pakistan Stock Exchange (PSX) changed its path on Tuesday, with the benchmark KSE-100...
Plastic imports fall 11.6pc to $1.63bn
In terms of quantity, however, plastic imports increased 2.62pc to 1.32m metric tonnes in 10MFY20
Groundbreaking of ML-I project likely in March next year
Govt has earmarked Rs6bn for ML-1 project under PSDP 2020-21
Petroleum Division says protest near gas field might hamper supply, asks KP government to take action
LAHORE: The Petroleum Division has taken notice of the attempt to mobilise agitation and protests in District Kohat and has asked the...
Financial sector expanded 11.7pc in 2019: SBP
SBP issues Financial Stability Review CY19, notes increase in forex reserves, stabilisation in market-based exchange rate and contraction in fiscal deficit
Facebook’s WhatsApp brings digital payment to users in Brazil
NEW YORK: Facebook Inc’s WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money...
No cash rewards for employees in FY21, FBR says
ISLAMABAD: The Federal Board of Revenue (FBR) has changed its plan of giving cash reward/honoraria to its employees.
This was informed by the...
Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings
BENGALURU: India’s Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after it raised the cost-cutting target...