PIA bidding to be telecasted live: PM
Prime Minister Shahbaz Sharif was apprised on Tuesday that the pre-qualification process for the privatization of Pakistan International Airlines (PIA) would be completed by May. An important review meeting regarding the affairs of the Ministry of…
Petrol price reduces by Rs 14 n diesel by Rs 9 wef May 16
ISLAMABAD (May 16): The ex-depot petrol rate may decline by Rs 13.40 per litre and high-speed diesel (HSD) by Rs 8.19 per litre for the next fortnight starting from May 16, according to an estimate. The premium on petrol is expected to be around $10.30…
PL collection Rs 719 billion in nine months of current FY
Islamabad (May ) – Federal government has succeeded in collecting petroleum levy (PL) on petroleum products, with a 98 percent rise compared to the same period last year. This surge in tax collection has amounted to Rs 719 billion, marking a…
Central Bank kept policy rate unchanged
Karachi (April 28): “The State Bank of Pakistan (SBP) decided on Monday to maintain the key policy rate unchanged at 22 percent for the seventh consecutive time. In Monday’s meeting, the Monetary Policy Committee (MPC) observed that…
Down by Rs 8.03/litre petrol prices wef May 1
ISLAMABAD (April 25) – Fortnightly rates of petrol and High-Speed Diesel (HSD) are expected to be slashed by up to Rs 8.03 per litre due to a decline in international oil prices and premium rates, with effect from May 1, 2024. The federal government is…
Urea price increased
ISLAMABAD : Urea prices have been increased by two manufacturers despite no corresponding increase in gas prices, highlighting a missed opportunity for the government to gain significant revenue of up to Rs 100 billion.Fatima Fertilizers has increased…
Pakistan to take up Iranian oil smuggling with President Iran
ISLAMABAD – The Oil smuggling from Iran continues unabated and is now available in all nooks and corners of Pakistan forcing the refineries to drastically reduce their production. Attock Refinery on Monday forced to shutdown it’s main…
COAS is set to host an Iftar on April 7
Chief of Army Staff (COAS) General Asim Munir is set to host an iftar on April 7 in Rawalpindi for the national team amidst Pakistani cricket team’s training at the fitness camp in Kakul, Pakistani team is part of a fitness camp in Abbottabad, where they…
PIA moves forward with privatization plans
The Board of Directors of Pakistan International Airlines Corporation Limited (PIACL) has taken a significant step towards the privatization of the national carrier by approving a Scheme of Arrangement (SOA) in its 83rd meeting held in Islamabad. This…
OGRA HOLDS PUBLIC HEARING AT LAHORE ON SNGPL ERR FY 24-25
The Oil and Gas Regulatory Authority (OGRA) is conducting a public hearing at Lahore on March 25, 2024 on the petition of Sui Northern Gas Pipelines Limited (SNGPL) for Determination of its Estimated Revenue Requirements / prescribed prices for FY…