Business

Business

OMCs: Finance ministry,planning commission decide to support increase in oil margins

Resisting Oil and Gas Regulatory Authority’s (Ogra) recommendations to not allow any further increase in margins to oil marketing companies…

5 Min Read

Refineries mix cheaper oils with diesel, make billions

The mixing of kerosene oil and jet fuel with high-speed diesel has become a source of revenue to refineries as they…

5 Min Read

Fed govt looks for Chinese financing to complete power projects

The federal government has requested coal-based power producers to arrange financing from China instead of local institutions and markets as a preemptive…

3 Min Read

Afghanistan seems to have lost interest in trade with Pakistan

Afghan authorities seem to have lost whatever interest they had in inking  any trade related agreements with Pakistan with the…

3 Min Read

Vladimir Putin: Russia actively pursuing ties with Pakistan

Russia’s populist President Vladimir Putin said earlier yesterday that,  "his country is actively developing multifaceted relations with Pakistan, including in…

1 Min Read

Experts demand deregulation of petroleum industry

Experts on the oil and gas industry earlier yesterday floated a set of recommendations that including deregulation of both the…

5 Min Read

More wings to fly: Shaheen Air plans to increase fleet size

Shaheen Air International (SAI) announced its plans to go to new destinations and increase its fleet to around 35 aircraft…

2 Min Read

Neelum Jhelum power project well on track as 80% work already done: WAPDA Chairman

The 969-megawatt Neelum Jhelum Hydropower project is progressing satisfactorily on time as the civil works of the underground powerhouse and…

2 Min Read

Sour milk: FBR trying to slap even more taxes on dairy sector

After it miserably failed to achieve its targets, the Federal Board of Revenue (FBR) is now trying to find fresh industries…

5 Min Read