Pandemonium in Senate as opposition protests hike in fuel prices ISLAMABAD: The opposition lambasted the government in the Senate on Friday for increasing fuel prices up to Rs60 in... Updated 04 Jun, 2022 10:01am
Opinion Keeping them poor to keep them alive A special report in Business Recorder the other day revealed that it might not suffice to cut subsidies to revive ... Updated 02 Jun, 2022 07:34pm
Markets Prices of kitchen items touch new peak after hike in fuel prices PESHAWAR: Prices of important kitchen items have sharply risen after an unprecedented increase in petroleum prices ... Published 30 May, 2022 06:49am
Print Chinese firms’ ‘woes’ invoke ‘Shehbaz speed’ Prime Minister Office convenes preparatory meeting with all concerned ministries Updated 30 May, 2022 11:13am
Business & Finance Petrobras shares fall after Bolsonaro fires its boss BRASÍLIA: The price of shares in Brazil’s state oil giant Petrobras fell Tuesday in reaction to President Jair... Published 30 May, 2022 05:53am
Markets Spot rate influenced by surge in fuel prices LAHORE: The Spot Rate Committee of the Karachi Cotton Association on Friday increased the spot rate by Rs 500 per... Published 28 May, 2022 05:11am
Pakistan Rs28-billion relief package announced by PM Shehbaz Disbursement of Rs2,000 per family in addition to Benazir Income Support Programme to be given to low-income groups, will be accommodated in upcoming budget Charter of Economy to be discussed with all stakeholders, says prime minister Updated 27 May, 2022 11:36pm
BR Research Fuel pricing: stop wasting time The question is why the successive governments are too fixated on the petroleum prices. The question is why this has... Published 27 May, 2022 08:20am
Opinion The downward spiral of the power sector Pakistan’s power sector is currently reeling from a fuel supply chain crisis capable of leading to an implosion.... Published 27 May, 2022 05:50am
Markets Oil little changed in choppy trade; US says export ban not ruled out NEW YORK: Oil prices were little changed on Tuesday in choppy trade after the US energy secretary said Washington ... Published 25 May, 2022 04:40am
Print KE urges FD to release budgeted subsidy directly ISLAMABAD: Karachi Electric (KE) has urged the Finance Division to release budgeted subsidy directly to it to ensure... Updated 22 May, 2022 09:35am
Opinion It’s always about the party, never… What does a leader do when what must be done is the last thing that can be done? That’s got to be what’s keeping... Published 12 May, 2022 05:40am
Pakistan Pakistan, Saudi Arabia to discuss augmenting kingdom's $3 billion deposit Discussions involve exploring options to further enhance financing of petroleum products Updated 01 May, 2022 07:23pm
Pakistan Railways to outsource 24 more trains soon LAHORE: The Pakistan Railways is going to outsource 24 more trains in near future to make the institution profitable... Published 30 Apr, 2022 05:53am
Markets Gasoil, jet fuel cracks hit fresh record highs SINGAPORE: Asian refining profits for 10 ppm gasoil climbed for a fourth consecutive session on Thursday, soaring to... Published 30 Apr, 2022 05:53am
Markets Oil up for fourth day; supply fears outweigh China lockdowns NEW YORK: Oil prices rose for a fourth day on Friday as fears over Russian supply disruption outweighed the impact ... Published 30 Apr, 2022 05:53am
Print Govt likely to curb fuel subsidies ISLAMABAD: Present government may withdraw the subsidy on petrol entirely by raising its price by Rs 21 per litre... Updated 24 Apr, 2022 09:09am
World Sri Lanka fuel prices up ahead of IMF talks COLOMBO: A key fuel retailer in Sri Lanka raised prices by up to 35 percent on Monday as the cash-strapped... Published 18 Apr, 2022 10:39am
BR Research Fuel prices: To raise or not to raise The fuel price decision is once again upon the government. This time around, it is the new government that faces the... Published 15 Apr, 2022 06:21am
Business & Finance Biden orders unprecedented use of US oil stockpiles to combat fuel prices WASHINGTON: President Joe Biden will announce Thursday the release of a record million barrels of oil a day, for... Published 01 Apr, 2022 05:41am
World Morocco announces over $200m in fuel aid for truckers RABAT: Morocco is to pay out some $206 million to help out truckers who staged a national strike over spiralling ... Published 24 Mar, 2022 05:36am
BR Research Development spending in the dock? Is development spending about to get caught up in the political storm? Already, there are reports that the PM’s... Published 15 Mar, 2022 08:07am
Print SBP keeps policy rate unchanged at 9.75pc KARACHI: The Monetary Policy Committee (MPC), maintaining the policy rate at 9.75 percent, Tuesday hinted necessary... Updated 09 Mar, 2022 09:53am
Markets Petrobras to seek government approval for fuel price hikes HOUSTON: Petroleo Brasileiro SA executives this week will seek government approval to increase wholesale fuel prices... Published 07 Mar, 2022 04:48pm
Markets Fuel prices raised in Sri Lanka as energy crisis worsens COLOMBO: One of Sri Lanka’s biggest fuel suppliers put up its prices by as much as 12 percent on Saturday, as the... Published 27 Feb, 2022 06:39am
BR Research Uncertain times Late US senator John McCain once called Russia “a gas station masquerading as a country”. Well, the gas station... Published 23 Feb, 2022 08:16am
Print Concern voiced over losses caused by dearth of dams ISLAMABAD: Prime Minister Imran Khan has deplored that the country has suffered huge economic loss owing to the... Updated 15 Feb, 2022 09:49am
World Biden, Saudi king discuss energy supplies, Iran and Yemen NEW YORK: US President Joe Biden and King Salman of Saudi Arabia discussed energy supplies in the face of soaring... Published 11 Feb, 2022 04:31am
Markets Brazil’s Lula to detach local fuel prices from global oil quotes if elected BRASILIA: Brazilian former President Luiz Inacio Lula da Silva, a leftist polling ahead of incumbent President Jair... Published 04 Feb, 2022 04:43am
Markets Rs100bn payment to IPPs okayed by ECC ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs 100 billion for payment to IPPs,... Updated 11 Jan, 2022 10:20am