Business

Business

KPKKP agrees to pay Rs18b electricity dues from net hydel profit

The government of Khyber-Pakhtunkhwa has agreed to the deduction of approximately Rs18 billion electricity dues from the net hydel profit of…

3 Min Read

Oil prices in free fall as Saudis hesitate on limiting output

Oil prices fell all over the world as Saudi Arabia knocked down already low expectations that major producers would agree to limit…

3 Min Read

Energy potential: Pakistan, China to build interconnecting power grid

The Ministry of Water and Power as well as the State Grid Corporation of China have joined hands together to build an interconnecting electricity…

2 Min Read

Planning ministry wants a staggering Rs1 trillion for PSDP

The Prime Minister Mian Nawaz Sharif has directed his financial czar: Ishaq Dar to review the decision of allocating Rs655 billion…

4 Min Read

CPEC implementation: Western route clears yet another hurdle

In a first real step towards the implementation of the decisions of last year’s all-party conference (APC), the government cleared earlier yesterday the…

5 Min Read

Mari Petroleum announces ‘significant’ oil discovery in Karak area

Mari Petroleum Company announced earlier yesterday that it has made a “significant” crude oil discovery at the exploratory well Halini Deep-1…

2 Min Read

Sindh’s dues: PM Nawaz refuses calls for recovering power bills from tax pool

Prime Minister Nawaz Sharif has out-rightly refused the proposal for deducting at source the electricity bills of Sindh from the divisible…

4 Min Read

Travellers forced to pay $9.50 at Dubai airport… in the name of improvements

Travelers flying out of Dubai's airports will now be forced to pay a brand new fee to cover improvements at…

2 Min Read

Fuel prices likely to surge up by Rs5.6 per litre

 Fuel prices are likely to rise up, once again in the country by up to Rs5.64 per litre, ostensibly due to fluctuations in…

3 Min Read