Market Daily: KSE 100 sheds 4.52pc, highest weekly loss in 2018
KSE 100 closed at 41,624 points (-4.52 per cent WoW), highest weekly loss of 2018 amidst depleting foreign reserves and rising political noise ahead of general election 2018.
Inquiry report over Wednesday’s power blackout submitted to PM
ISLAMABAD:Â The massive power breakdown that left Khyber Pakhtunkhwa, Punjab and the Federal Capital without electricity for many hours on Wednesday was caused...
PM discusses tax exemptions, new LPG plants, gas prices in ECC meeting
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet here at Prime Minister’s...
New load-shedding schedule for industrial sector unacceptable: FPCCI
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday said the new schedule of ten-hour load shedding for...
Participants oppose gas price increases for SNGPL and SSGCL
ISLAMABAD: Opposing SNGPL’s and SSGCL’s plea to increase their gas prices for the financial year (FY) 2018-19, participants of OGRA’s hearing have...
Govt focusing on enhancing exports to strengthen economy: Miftah
Minister for Finance Miftah Ismail has said that country's exports have increased while imports are decreasing due to effective policies of the government.
Master Wind Energy applies for listing on PSX
Master Wind Energy Limited, achieved commercial operations status on 14 October 2016 and was its first jump into the realm of renewable energy
Oil prices near $80 per barrel, as supplies tighten
The International Energy Agency (IEA) said on Wednesday that it had lowered its global oil demand growth forecast for 2018 from 1.5 million barrels per day (bpd) to 1.4 million bpd
TAPI gas pipeline to fulfil international, local environmental laws
ISLAMABAD: Parliamentary Secretary for the Ministry of Climate Change Romina Khurshid Alam said the government is making efforts to ensure that the...
Industries to bear ten-hour power outages in Ramzan
Former APTMA chairman Ijaz Gohar said exports could nosedive by $500 million a month if the 10-hour power outages schedule got enforced
Pakistan’s largest refinery project contract awarded to TechnipFMC
The project will be managed and operated by a wholly-owned subsidiary, PARCO Coastal Refinery Limited (PCRL).
Pakistan LNG seeks LNG cargoes as delayed power plants come online
Delays at three new power plants had caused the company to divert shipments earlier this year and pause spot imports of the super-chilled fuel.
Technical fault at Tarbela leaves several cities without electricity
Following the technical fault at Tarbela, gross production of electricity plunged to 12000 megawatts
Pakistan’s resilience to climate change is limited: Moody’s
Rising temperatures and erratic rainfall can affect productivity in agriculture and increase the vulnerability of energy production, as 33% of Pakistan’s energy supply are hydropower-driven
Oil prices fall on signs of ample supply despite OPEC cuts
Brent crude futures, the international benchmark for oil prices, were at $78.07 per barrel at 0024 GMT, down 36 cents, or 0.5 percent, from their last close