Subsidized power to export-oriented sectors: PD says it needs Rs77.9bn ISLAMABAD: The Finance Ministry would be required to provide Rs77.9 billion to the Power Division if it wanted to... Updated 02 Aug, 2022 09:39am
Print Light diesel, kerosene: pricing likely to be deregulated ISLAMABAD: The Federal Government has decided to deregulate pricing of light diesel oil and kerosene oil in... Updated 02 Aug, 2022 10:18am
Print CPPA-G to seek Rs1.55/unit hike in KE tariff ISLAMABAD: Central Power Purchasing Agency-Guaranteed (CPPA-G) on Monday said that it is working to file another... Updated 02 Aug, 2022 10:14am
Print Rs20bn supplementary grant for PSO approved by ECC ISLAMABAD: An urgently convened meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs... Updated 01 Aug, 2022 09:48am
Business & Finance FTO takes notice of non-compliance of ECC decision by FBR cell ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken notice of the non-compliance with a major decision of the... Published 31 Jul, 2022 05:39am
Business & Finance ECC decides to shift fertilizer, Agritech plants to gas Units want revision of variable contribution margin (VCM) of Rs186 per bag, capping of GST Updated 30 Jul, 2022 11:49am
Print POL products’ prices: OMCs estimate up to Rs28.44/litre hike Prices of petrol and HSD will further increase if government includes Rs 7 per litre petroleum dealers’ margin Updated 30 Jul, 2022 12:38pm
Pakistan Indus Motor Company announces temporary shutdown of plant from Aug 1 Company says insufficient inventory levels to maintain further production forcing it towards temporary production shutdown Plant to stay closed till August 13, 2022 Updated 29 Jul, 2022 11:52am
Editorials Import ban: the kernel of a bitter truth EDITORIAL: High economic demand during commodity super cycle resulted in high current account deficit in Pakistan.... Published 29 Jul, 2022 06:14am
Print Import of wheat approved: ECC lifts import ban on all items except CBUs, home appliances Gives approval for an increase in petroleum dealers margin by Rs7 per litre both on petrol and diesel from Rs4.90 per litre and Rs4.13 per litre Updated 29 Jul, 2022 09:42am
Print Export-oriented industry: Energy subsidy to be reviewed quarterly ISLAMABAD: The government has decided for a quarterly review of subsidy available to export industry for both gas... Updated 29 Jul, 2022 09:19am
Print Power supply to export sectors at low rates: More funding contingent on IMF’s consent, ECC told Energy Ministry seeks views of Finance Division on proposal for providing electricity at 9 cents per kWh Updated 27 Jul, 2022 09:50am
Print PM seeks report on buffer stock of wheat Meeting tells PM that progress is being made on import of two million tons of wheat from Russia Updated 27 Jul, 2022 09:56am
Print Five export-oriented sectors: ECC decides to increase RLNG rate to $9 per MMBTU Approval increase in indigenous gas price for general industry at Rs1,550 per MMBTU Updated 26 Jul, 2022 09:22am
Print Country likely to buy Iranian LPG in PKR Issue to be discussed during Pak-Iran Joint Economic Commission in August Updated 25 Jul, 2022 09:25am
Print Export-oriented sectors: Govt has agreed to supply energy without disparity Incentive given for one year, it will expire on June 30, 2023 Updated 25 Jul, 2022 12:20pm
Print KE tariff adjustment: Power Division to approach Nepra Nepra recommends a uniform rate for the second quarterly adjustment of FY2021-22 for consumers of distribution companies for a three-month period Updated 24 Jul, 2022 11:50am
Print Import of urea from China: Provinces to be asked to share subsidy Cabinet directs Ministry of Industries to engage with Chinese authorities to negotiate a discounted rate Updated 23 Jul, 2022 09:51am
Markets TCP set to buy 300,000 tonnes of wheat in tender ISLAMABAD: Pakistan has given approval for the purchase of some 300,000 tonnes of wheat in an international purchase... Published 21 Jul, 2022 06:16am
Print ECC allows TCP to import 0.3m tonnes of wheat Committee approves lowest bid for wheat import Updated 21 Jul, 2022 09:27am
Pakistan ECC may approve rate of PL on LPG today ISLAMABAD: Finance Minister Miftah Ismail has convened a meeting of the Economic Coordination Committee (ECC) of the... Published 20 Jul, 2022 07:26am
Print Roosevelt Hotel: AD presents ‘incomplete’ leasing plan to ECC Hotel business was badly by Covid-19 and had to be shut down in December 2020 Updated 20 Jul, 2022 09:26am
Print Rs1.55/unit hike in KE tariff likely Move aimed at bringing company's tariff in line with uniform tariff policy under Quarterly Tariff Adjustment Updated 20 Jul, 2022 09:37am
Print Discos, KE’s base tariffs: Nepra all set to approve modifications Government has filed motion with regulator to adjust government approved power rates in the Schedule of Tariff Updated 20 Jul, 2022 09:34am
Print Kohala Hydropower Project: PPIB extends due financial close date by 2 years Project company will submit monthly progress report that sets out additional actions taken by it in achieving FC Updated 19 Jul, 2022 03:48pm
Print Afghanistan: Pakistan to sell 120,000 metric tons of wheat to UN’s WFP ISLAMABAD: The federal government has decided to sell 120,000 MT of wheat to United Nations World Food Programme... Updated 17 Jul, 2022 09:36am
Print Cabinet may ratify ECC decision today: Representatives of GHQ, ISI and FAB to oversee NGMS spectrum auctions ECC constitutes 17–member high-level Auction Advisory Committee for the purpose Updated 15 Jul, 2022 10:35am
Opinion An elusive IMF programme One can say with reasonable confidence that the economic circumstances facing today have no parallel in the history... Published 13 Jul, 2022 05:48am
Print PM’s relief package: Rs70bn needed to subsidise five basic goods Ministry of Industries and Production seeks approval of operational cost of over Rs 150 million for distribution of subsidy under Prime Minister’s Sasta Atta initiative Updated 10 Jul, 2022 10:18am
Print ECC informed about the ‘benefit’ of proposed move: Hike in gas tariffs likely to yield Rs666bn revenue Surplus revenue of Rs120 billion to be adjusted by OGRA during review of prices of SNGPL, SSGC Updated 09 Jul, 2022 09:40am