High electricity production cost, line losses: Miftah rules out possibility of zero load-shedding Says zero load-shedding in the country would increase the per unit cost of electricity to Rs60 per unit Updated 08 Sep, 2022 10:15am
Print EFF entails high fiscal risks: IMF ISLAMABAD: The Extended Fund Facility (EFF) programme entails high fiscal risks due to the government’s ability to... Updated 03 Sep, 2022 09:40am
Opinion Exxon to sell Arkansas shale gas assets to Flywheel Energy Exxon Mobil Corp has reached an agreement with Flywheel Energy to sell to the closely held US oil and gas producer... Published 28 Aug, 2022 06:10am
Markets India rice export rates slip on lack of demand DHAKA/MUMBAI/BANGKOK/HANOI: India’s rice export rates dipped this week on lower demand, while domestic prices in... Published 12 Aug, 2022 05:44am
World Syria more than doubles petrol prices: ministry DAMASCUS: Syria’s internal commerce ministry has announced a petrol price hike of around 130 percent in the war-torn... Published 07 Aug, 2022 04:17pm
World Record Bangladesh fuel hike triggers huge queues DHAKA: Thousands of Bangladeshis besieged fuel stations across the country after the government raised prices by as... Updated 06 Aug, 2022 01:43pm
Opinion Power sector: accountability Briefing the National Assembly Standing Committee on Power on the performance of power sector, its financial... Published 06 Aug, 2022 04:02am
Business & Finance Chevron says 'can do it all', after record profit and buyback lift HOUSTON: Chevron Corp posted its biggest quarterly earnings ever on Friday, built on strong fuel margins and high... Published 29 Jul, 2022 10:43pm
World Bangladesh rolls out power curbs as fuel price hike slams economy DHAKA: Bangladesh rolled out energy restrictions and shut down power plants Tuesday as a spike in global fuel prices... Published 19 Jul, 2022 06:17pm
Markets Prices of essential food items remain unchanged PESHAWAR: Prices of essential food commodities, including live chicken/meat, cooking oil/ghee, flour, vegetables,... Published 18 Jul, 2022 06:22am
Print Inflation rate will soar to 40pc, claims Tarin LAHORE: Pakistan Tehreek-e-Insaf senior leader and former Federal Finance Minister Shaukat Tarin has said that the... Updated 17 Jul, 2022 09:34am
Opinion Govt deserves praise In his address to the nation on Thursday, Prime Minister Shehbaz Sharif announced a reduction in fuel prices. It... Published 16 Jul, 2022 04:20am
Pakistan All Maslak Ulema Board announces support for PTI candidates LAHORE: The All Maslak Ulema Board has announced their support for the Pakistan Tehreek-e-Insaf (PTI) candidates... Published 16 Jul, 2022 04:20am
Print PM announces cut in fuel prices Petrol price slashed to Rs230.24 per litre, diesel to Rs236 per litre Updated 15 Jul, 2022 09:37am
Pakistan PM Shehbaz seeks summary on reducing fuel prices Minister for Information says premier wants to pass on full benefits of reduced international prices to the masses Updated 12 Jul, 2022 10:34pm
Print Chinese energy company threatens to discontinue import of Afghan coal Gives NEPRA one week to approve pricing mechanism Updated 11 Jul, 2022 12:58pm
Business & Finance France plans 20bn euro inflation-relief package PARIS: France’s minority government unveiled on Thursday a 20 billion euro ($20.35 billion) inflation-relief... Published 08 Jul, 2022 08:21am
Print Use of local fuel to be maximized for power generation ISLAMABAD: The private sector and government entities Wednesday evolved a consensus that the government should focus... Updated 30 Jun, 2022 09:44am
Business & Finance Businessmen strongly react to supertax on large-scale industries FPCCI former president says the unwise decision will push Pakistan further into an economic crisis Updated 26 Jun, 2022 09:08am
Print Oil slumps nearly 3pc NEW YORK: Oil prices tumbled about 3% on Wednesday as investors worried that rate hikes by the Federal Reserve could... Published 23 Jun, 2022 06:05am
Print Progress made over FY23 budget: IMF ISLAMABAD: Key progress has been made in talks on the revival of Pakistan’s International Monetary Fund bailout... Updated 23 Jun, 2022 09:57am
Markets Pakistani Rupee Asia's worst-performing currency during 2022 The PKR has depreciated 16.5% against the US dollar since December 31, 2021 Published 21 Jun, 2022 07:49pm
Business & Finance HCCI urges SBP to come up with clear policy on dollar’s availability HYDERABAD: President Hyderabad Chamber of Commerce and Industry Adeel Siddiqui has expressed concern over US... Published 21 Jun, 2022 06:58am
Opinion IK has doubled down on his anti-govt strategy No doubt the havoc created by soaring inflation and price hike has provided former prime minister and chairman of... Updated 21 Jun, 2022 06:35am
Editorials Blaming IMF is easy EDITORIAL: Fuel prices have been raised for the third time, effective 16 June, in exactly three weeks — this time... Published 20 Jun, 2022 07:25am
Markets High fuel prices to persist into 2023, Wood Mackenzie says LONDON: Consumers can expect fuel prices at the pump to remain high into next year due to disruptions to Russian oil... Published 16 Jun, 2022 04:51pm
Markets Fuel prices raised yet again: Miftah says hike was ‘inevitable’ ISLAMABAD: Finance Minister Miftah Ismail Wednesday said that the government has decided to increase the petroleum... Updated 16 Jun, 2022 09:51am
Pakistan 3rd time's a charm?: Govt hikes price of petrol by Rs24.03, diesel by Rs59.16 Petrol now priced at Rs233.89 per litre, while diesel now at Rs263.31 per litre The hike comes as Pakistan looks to quickly appease the IMF to revive its bailout programme Updated 15 Jun, 2022 11:58pm
Markets Oil rises as tight supply outweighs recession, China demand fears LONDON: Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a... Published 15 Jun, 2022 08:22am
Markets Drilling vs returns. U.S. oil producers' tradeoff as windfall tax threatens U.S. oil producers profiting from sky-high prices are doling out billions to shareholders and building cash ... Published 14 Jun, 2022 12:12am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost