Oil prices fall after IEA casts uncertainty over demand outlook

SINGAPORE: Oil prices tumbled on Wednesday, continuing Tuesday’s slide after the International Energy Agency cast doubts over the past months’ narrative of...

Gov’t decision to lift moratorium on new gas connections hailed

Pakistan Businessmen and Intellectuals Forum (PBIF) Friday hailed the government's decision to lift moratorium on new gas connections. The decision would help masses...

NEPRA fines three GENCOs for violating limits of auxiliary power consumption

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs 15 million each on three public sector power generation companies...

CM Sindh warns to cut off gas supply to the country

Speaking at the Sindh Assembly, Chief Minister (CM)  Murad Ali Shah has warned the federal government and the Sui Southern Gas Company...

WB projects macroeconomic indicators to grow in future

The World Bank has projected the growth of Pakistan’s industrial sector at 7.7 percent by 2019. According to the twice-a-year South Asia Economic...

Senate committee expresses concerns over non-availability of agri-credit

ISLAMABAD Senate’s Standing Committee on National Food Security and Research here on Wednesday expressed its concerns over the non-availability of credit for the...
Senate

Senate committee rejects report on DISCOs’ losses

ISLAMABAD: The Senate's Sub-Committee on Power rejected on Friday the figures presented by the distribution companies (DISCOs) regarding improvement in annual losses,...

Prices for petroleum products may remain unchanged for September

Islamabad: The government has decided to maintain the same rates of petroleum products in the forthcoming month of September. Credible sources disclosed that...

LCCI demands DRAP to form a liaison committee

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has demanded from the Drug Regulatory Authority of Pakistan (DRAP) to form a...

Oil prices claw up slightly amidst reported fall in US crude stocks

Singapore: Oil prices edged up on Thursday, clawing back some ground after losses in the previous session. Traders said the market was range-bound...

Chinese experts to visit Pakistan for reviewing suitability of PEZs

The Board of Investment (BOI) on Thursday said that a delegation of Chinese experts would be visiting Pakistan in June to review...

Gov’t focused on resolving energy issue on top priority: Dar

On Thursday, the Minister for Finance, Muhammad Ishaq Dar said the government was focused on resolving the issue of energy on a...

Trade ministry demands tax relief to halt decline in exports

The newly appointed Secretary Commerce Younas Dagha took up cudgels on Sunday to bare reasons for the consistent decline in exports during...

Tariff increase of 88pc sought by WAPDA for hydel profits payment to Punjab & KP

A tariff increase of more than 88pc is being requested by the Water and Power Development Authority (WAPDA) in order to pay...

Ogra’ s approval for import of CNG cylinders still pending

ISLAMABAD: All Pakistan Compressed Natural Gas Association Chairman Ghiyas Abdullah Paracha said on Tuesday that they were still waiting for the approval to...