OGRA notifies Rs49 per Kg cut in LPG price for April

ISLAMABAD: In a notification issued by Oil and Gas Regulatory Authority (OGRA) the prices of Liquefied Petroleum Gas (LPG) have been reduced...

Post Office yet to clear Rs8.8b to power utilities

Intervention from PM Office in clearing dues owed to DISCOs and K-Electric by Pakistan Post Office

Power hike of Rs6 per unit likely on the horizon for KE consumers

Consumers of Karachi-Electric (KE), who are already struggling with inflation, may soon face higher bills due to a potential increase of Rs6...

17 Years no work, but another licence extension?

ISLAMABAD: Instead of revoking licence or imposing a penalty on the operator, who failed to drill a single well over the last...

Alibaba to split into six units, explore IPOs

Alibaba Group Holding Ltd (9988.HK) is planning to split its business into six main units covering e-commerce, media and the cloud, the company...

China denies asking firms for foreign data as TikTok row heats up

Pressure is building on the massively popular video-sharing app -- owned by the Chinese firm Bytedance -- to obtain new ownership or lose access...
RLNG plant

OGRA reduces RLNG price by up to 3.16% for March

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified a cut in the average sale price of Re-gasified Liquefied Natural Gas...

Google begins opening access to its ChatGPT competitor Bard

Alphabet Inc's (GOOGL.O) Google on Tuesday began the public release of its chatbot Bard, seeking users and feedback to gain ground on Microsoft...

Why the govt’s petrol cross-subsidisation scheme is a logistical nightmare

Govt to introduce dual petrol rates; Affluent customers set to be charged Rs 100 more whilst low-income groups to be given Rs 100 discount 

Another electricity price hike by K-Electric

Customers of K-Electric (KE) are likely to face another power tariff hike by Rs 1.66 per unit on account of Fuel Charge...
Saudi Arabia-crude oil

Oil rebounds 1% as investors take stock of banking crisis

RIYADH: Oil prices rebounded by about one per cent on Friday after a meeting between Saudi Arabia and Russia calmed markets amid...

Despite global downturn, ed-tech sector sees hope with Maqsad’s $2.8 million round

LAHORE: Despite a global slump in venture financing and an abysmal year for Pakistan’s startup ecosystem, ed-tech startup Maqsad has managed to...

NEPRA reserves judgment over govt’s request for increased power surcharge  

Power surcharge sought in FY24 to pay off inefficient power companies’ debt, cost of power theft

Govt gives another lifeline to PSO

Int'l default risk looms over state-owned fuel company as it faces difficulty in paying back debts

Meta to cut 10,000 jobs in second round of layoffs

Facebook-parent Meta Platforms (META.O) said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce...