LPG prices follow petrol and electricity, Rs39 per kg increased

ISLAMABAD: A new shock has been transmitted to the already burdened masses by increasing the prices of Liquefied Petroleum Gas (LPG) by...

KP’S Local Government Department utilised 7% development funds in two months

PESHAWAR: The Khyber Pakhtunkhwa (KP) Local Government Department has utilised only 7% of the development funds allocated to it, in the past...

Shell to sell home energy business in UK, Germany to Octopus Energy

Shell (SHEL.L) said on Friday it would sell its home energy business in the UK and Germany to British energy supplier Octopus Energy...

Russia faces domestic fuel crunch, braces for more shortages

Russia, one of the world's biggest oil producers, has faced shortages of fuel crucial for gathering the harvest in some parts of...

Amid public outcry, electricity rates expected to surge by Rs1.58 per unit under FCA of July

NEPRA official said that the Sahiwal coal based plants had imported coal when prices were high at $400 per ton.
Medicines

More than 120 life-saving medicines vanish from Lahore pharmacies

There seems to be no end in sight for patients in the provincial capital as vital meds for diabetes, heart conditions, and liver disease among 120 that are unavailable. 

Oil rises on US stockpile draw and hurricane jitters

Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest...

Fuel Price Forecast: Massive oil price hike estimated for first half of September

ISLAMABAD: Already burdened masses should get ready to bear a jolt in the form of massive oil price hike as per litre...

Mounting electricity prices strain Pakistani households, businesses: FPCCI President

In a press conference held in Lahore, Irfan Iqbal Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...

Senate Committee lambasts IPPs for Pakistan’s electricity woes

Senate Committee wants IPPs to face the heat as capacity payments in the current fiscal year rise to Rs 1.3 trillion 

Battle for K-Electric heats up

Statement comes following both parties having declared victory in the Cayman Grand Court’s ruling about K-Electric’s board of directors 

SECP issues the first certificate of Shariah compliance to REITs. Why now? 

Signature Residency REIT and Rahat Residency REIT have been given shariah compliance certificates as the government continues to move towards an interest free financial system. 

Big electric shock of Rs 5.40 per unit hike on the cards

ISLAMABAD: The government on Wednesday asked the National Electric Power Regulatory Authority (NEPRA) to recover Rs 5.40 per unit increase in power...

Understanding K-Electric’s Cayman legal battle 

Both parties have declared the court to have ruled in their favour in round 2 of the battle over control of K-Electric 

As Afghanistan slashes coal prices again, can cement and power companies profit? 

Royalties slashed by Rs 1,060 per ton, and customs duties slashed by Rs 4,400 per tonÂ