Business
Gold slips below Rs200,000 per tola in Pakistan as rates released after a month’s hiatus
October 12, 2023
Gold slips below Rs200,000 per tola in Pakistan as rates released after a month’s hiatus
Gold rate decreases by Rs15,500 per tola to settle at Rs199,500. Rate of gold was last released on September 12,…
‘Up to 193% gas price hike’ expected from October 1
October 12, 2023
‘Up to 193% gas price hike’ expected from October 1
The government is gearing up to announce up to a 193% hike in the price of gas, effective from October…
Finance ministry opposes policy rate hike
October 5, 2023
Finance ministry opposes policy rate hike
Senators say increased interest rate failed to control inflation. Seek report on how inflation is controlled via interest rate. Discuss…
Gas will only be available for eight hours in winter: power minister
October 5, 2023
Gas will only be available for eight hours in winter: power minister
Loadshedding plan being devised to ensure gas supply for eight hours: minister. Says natural gas reserves further depleted by 18% compared…
InDrive now available in five more Pakistani cities
September 28, 2023
InDrive now available in five more Pakistani cities
KARACHI: inDrive, a popular ride-hailing service in Pakistan, has now expanded its network to five more cities across Pakistan including…
Karachiites to pay up to Rs4.5 per unit additional in Oct, Nov bills
September 28, 2023
Karachiites to pay up to Rs4.5 per unit additional in Oct, Nov bills
Additional collection on account of first quarterly adjustment of FY23. The highest increase is Rs4.4547 and lowest at Rs1.4874 per…
Govt shelves plan of staggered power bill payments
September 21, 2023
Govt shelves plan of staggered power bill payments
Minister says govt aware of capacity payments issue. Smart meters can help curb electricity theft, says Ali. Adds Pakistan in…
Oil retreats awaiting key US Federal Reserve rate decision
September 21, 2023
Oil retreats awaiting key US Federal Reserve rate decision
Oil prices retreated on Wednesday awaiting the US Federal Reserve’s interest rate decision, with investors remaining on the tenterhooks over…
Boeing, Airbus ‘likely to suspend’ spare parts supply to PIA amid liquidity crunch
September 7, 2023
Boeing, Airbus ‘likely to suspend’ spare parts supply to PIA amid liquidity crunch
PIA grounds 5 out of 13 leased aircraft due to cash-flow crisis. PIA says keeping airline operational necessary for privitisation.…
ECC approves increasing dealers, OMCs margins on petrol, diesel
September 7, 2023
ECC approves increasing dealers, OMCs margins on petrol, diesel
OMCs margin on MS, HSD enhanced by Rs1.87 per litre. Margins to be determined by Ogra on systematic mechanism. ECC…