Business

Business

UN report highlights future of biofuels

As biofuels now account for one per cent of global energy use, a report on the ‘State of the Global…

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Petrodollars being pulled from world markets for first time in 18 years

Energy-exporting countries are set to pull their “petrodollars” out of world markets this year for the first time in almost…

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Pay exorbitant premium or wait a year for new Corolla

People, who are booking Toyota Corolla now, will get the delivery in first quarter of 2015 and in some cases…

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Food sales increase by 10pc in Muharram

Mass preparation of haleem and other items during Muharram has pushed up sales of lentils, spices and other items. Wholesalers…

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Huge increase in gas tariff on the cards

Amid a controversy over excessive power billing, the government is set to face another wave of public outcry as gas…

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Power bills can be reduced by half if corruption eliminated, TIP tells PM

ISLAMABAD: The Trans-parency International Pakistan (TIP) has informed the prime minister that electricity bills can be reduced by 50 per…

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Support price for wheat increased to Rs1,300

ISLAMABAD: The government increased on Saturday wheat support price for the year 2014-15 crop from Rs1,200 to Rs1,300 per 40kg.…

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AGP detects irregularities in tax collection

ISLAMABAD: The Auditor General of Pakistan (AGP) has detected irregularities in sales tax, income tax and federal excise duty worth…

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Pakistan Oilfields earnings up 15pc

KARACHI: Pakistan Oilfields Limited (POL) recorded an after-tax profit of Rs4.2bn for the first quarter of this fiscal year, translating…

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