Petrol shortage hits major cities of Punjab LAHORE: Long queues of two-wheelers and cars have been witnessed at filling stations in most parts of the Punjab... Updated 09 Feb, 2023 08:46am
Print PL on POL products target: IMF-govt talks hamstrung by disconnect Final figure of actual petroleum levy collection on POL products in the first half of financial year will be released in the current month Updated 08 Feb, 2023 09:17am
Opinion The crisis was foretold Former Deputy Governor Dr Murtaza Syed in a hard-hitting article laments that the crisis facing the economy today... Updated 04 Feb, 2023 07:24am
Opinion Big rise in poverty, unemployment The current combination of various negative factors is likely to lead to a big exponential jump in the number of... Updated 04 Feb, 2023 07:11am
Markets Sales of petroleum products plummet 20% year-on-year Sales of total petroleum products clocked in at 1.44 million tons in January 2023, a massive decline of 20% on a... Published 02 Feb, 2023 05:19pm
Markets Oil nears 3-week low then steadies on higher US demand BENGALURU: Oil prices were steady on Tuesday after dropping close to a three-week low, drawing support from a... Published 01 Feb, 2023 07:21am
Opinion State of the economy The first six months of 2022-23 have witnessed considerable uncertainty about country’s economic prospects. ... Published 31 Jan, 2023 06:01am
Business & Finance PKR slide likely to fuel inflation in a big way ISLAMABAD: The depreciation of Pak rupee by 13.5 percent by Friday in the interbank rate will raise inflation to 35... Updated 30 Jan, 2023 09:26am
Pakistan Ishaq Dar announces 35-rupee hike in prices of petrol and diesel Finance Minister says price-increase applicable from 11am today Price of petrol reaches Rs249.80 per litre, high speed diesel now at Rs262.80 Updated 29 Jan, 2023 03:34pm
Business & Finance PSO says fuel being supplied across country smoothly KARACHI: The Pakistan State Oil (PSO) has said there is no shortage of petroleum products in the country. In a... Published 25 Jan, 2023 06:58am
Print Cabinet for strategy to avert recurrence of power outages ISLAMABAD: The federal cabinet has ordered preparation of a comprehensive strategy to prevent significant ... Updated 25 Jan, 2023 08:54am
Business & Finance POL products: additional Rs76bn revenue can be generated thru PL maximization to Rs50 per litre ISLAMABAD: The government has projected to collect Rs 76 billion additional revenue if it maximizes the petroleum... Updated 25 Jan, 2023 08:56am
Opinion GDP growth in 2022-23 — II The previous article by this writer had presented the estimate of the GDP growth rate in 2022-23 as negative 1% from... Updated 26 Jan, 2023 12:50am
Business & Finance Petroleum group imports show negative growth ISLAMABAD: Petroleum group imports witnessed a negative growth of 8.80 percent during the first half (July-December)... Published 20 Jan, 2023 06:10am
Print Jul-Nov LSMI output declines 3.58pc YoY As per provisional Quantum Index numbers (QIM) of the Large Scale Manufacturing Industries, the LSMI output decreased by 5.49 percent for November 2022 Updated 18 Jan, 2023 08:55am
Markets Chinese team kicks off initial work on Gwadar oil refinery QUETTA: A 15-member Chinese team consisting of engineers and experts started the initial work for implementing the... Published 17 Jan, 2023 06:02am
Markets Discounted oil: Russian delegation to reach Pakistan tomorrow A high-level delegation from Russia, including its minister for energy, will reach Pakistan on Tuesday (January 17)... Published 16 Jan, 2023 04:54pm
Print Fuel prices kept unchanged amid speculation Government adjusts rates of petroleum levy (PL) with effect from today Updated 16 Jan, 2023 09:40am
Print Russia all set to discuss oil, LNG deals during IGC Islamabad and Moscow are already in close contact to import Russian wheat Updated 13 Jan, 2023 11:05am
Print Demands for reforms: PM asks IMF for a pause GENEVA: Prime Minister Shehbaz Sharif on Monday asked the IMF for a pause in its demands for economic reforms before... Updated 10 Jan, 2023 08:55am
Markets Prices of main food items high despite cut in POL rates PESHAWAR: Prices of essential food commodities — including vegetables, pulses, sugar, edible oil/ ghee, flour, ... Published 26 Dec, 2022 06:15am
Print Review delay throws IMF’s EFF off the track? KARACHI: The IMF’s Extended Fund Facility (EFF) has once again fallen off track amid delays in completion of the 9th... Updated 23 Dec, 2022 08:41am
Editorials The revenue shortfall EDITORIAL: Tax revenue shortfall is projected at 800 billion rupees as per former Finance Minister Dr Hafeez A. ... Published 19 Dec, 2022 06:00am
Business & Finance July-October 2022-23: POL group imports witness negative growth of 8.11pc ISLAMABAD: Petroleum group imports witnessed a negative growth of 8.11 percent during the first five months... Published 17 Dec, 2022 05:58am
Business & Finance Discounted crude, refined products: Pakistan-Russia IGC to meet in Jan ISLAMABAD: Pakistan-Russia Inter-Governmental Commission (IGC) would arrive in January 2023 for negotiation on... Updated 17 Dec, 2022 09:35am
Business & Finance Cut in prices of petrol, diesel announced ISLAMABAD: Finance Minister Ishaq Dar has announced reduction in petroleum products’ prices on Thursday for the... Updated 16 Dec, 2022 11:27am
Business & Finance Jul-Oct LSM sector output down 2.89pc YoY ISLAMABAD: The overall output of the Large Scale Manufacturing (LSM) sector declined by 2.89 percent during the ... Published 16 Dec, 2022 05:58am
Business & Finance Experts see significant cut in prices of petrol, diesel ISLAMABAD: The price of petrol is likely to go down significantly in the range of Rs10.11 per litre while the price... Published 15 Dec, 2022 06:00am
Opinion SBP’s newfound realism The recent meeting of the Monetary Policy Committee (MPC) of the SBP (State Bank of Pakistan) has led to the ... Published 06 Dec, 2022 05:58am
Print Petrol, diesel and LNG at discounted rates: Russian ministers due next month ISLAMABAD: A Russian ministerial delegation is scheduled to visit Pakistan in January 2023 for further negotiation ... Updated 06 Dec, 2022 09:33am