Govt adjusted Rs 2.92 IFEM to maintain POl prices Dec 16, 2024
ISLAMABAD (Dec 16) – Federal government made recommended Rs 2.92 per litre raise in petrol price in inland freight equalisation margin (IFEM) to mitigate the impact on general masses in petroleum products review commencing from December 16. On Sunday…
Meeting of the PC Board on Discos
ISLAMABAD (December 11) – A meeting of the Privatization Commission was held under the chairmanship of the Federal Minister for Privatization, Investment, and Communications, Abdul Aleem Khan. Key decisions, recommendations, and important matters…
Emergency steps for Murree snow
ISLAMABAD (Dec 5)- In anticipation of the upcoming snowfall in Murree, the Provincial Disaster Management Authority (PDMA) has activated its response mechanism to ensure the safety of residents and tourists. To this end, the PDMA has equipped local…
Pakistan negotiating Oil deal structure with Russian
ISLAMABAD (December 4, 2024)– Pakistan and Russia are actively negotiating the structure of a deal for the import of Russian oil by Pakistani public sector companies. This development comes amid concerns about potential secondary US sanctions on payment…
SNGPL payment of Rs 85 billion to PSO
Islamabad (May 27): Sui Northern Gas Pipelines Limited (SNGPL) has asked the federal government for the payment of Rs 85 billion to clear the scheduled payment of Pakistan State Oil (PSO) till May 31, 2024, besides equalization of gas rates at par with…
MD PPL accused of irregular appointment
Auditor General of Pakistan (AGP) accused Managing Director (MD) Pakistan Petroleum Limited (PPL) for giving undue favour in appointment of head of legal and commercial by violating Hiring Policy (HR) of the company. The Audit Report on the Accounts of…
Monsoon flooding Punjab ‘KP
ISLAMABAD – The National Disaster Management Authority (NDMA) on Wednesday warned of monsoon flash floods and urban flooding in Punjab, Khyber Pakhtunkhwa and other parts. Monsoon rains and thundershowers, as per NDMA’s Emergencies Operation…
NA approves Finance Bill 2024-25
Islamabad, Pakistan – Pakistan’s National Assembly approved a controversial tax increase bill on Friday. This move aims to meet ambitious revenue targets set for the upcoming fiscal year and secure a crucial loan from the International…
New custom rules on imported milk
Islamabad (May 27): Pakistan’s Directorate General of Customs Valuation in Karachi has established new customs values for importing skimmed milk powder and instant milk powder. These changes apply to imports from countries like New Zealand,…
PSO allows change rate adjustment on HSD import (May 16-31)
KARACHI (May 16): The Oil and Gas Regulatory Authority (OGRA) has endorsed Pakistan State Oil’s (PSO) claim for an exchange rate adjustment of Rs1.43 per litre on high-speed diesel (HSD) and 32 paisa per litre on petrol. This adjustment will be applied…