Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Islamabad: Amid the POL’s rising prices in the international oil markets, the Government of Pakistan, on advice of the Ministry of finance, decides to transfer 50 per cent of the price difference to the customers. In this regard, the advisor to the Prime Minister on petroleum, Dr. Asim Hussain has already sent a summary to […]
Fuel Adjustment: Nepra to raise power tariff by Rs 1.97 Islamabad: (Tuesday, May 29, 2012) The National Electric Power Regulatory Authority (NEPRA) has raised the power tariff all over again, this time albeit by Rs1.97 per unit. According to the sources, the increase has been introduced to cover for fuel adjustment charges. It has been […]
Power tariffs to go up by Rs 1.25 per unit Islamabad: (Wednesday, May 16, 2012) The already non-available electricity is going to be costlier further as the Water and Power Ministry has increased the electricity tariffs by Rs 1.25 per unit. According to the news, the increase will be applicable with immediate effect. As per […]
First winter rain hit most parts of Punjab and upper Sindh last week and an immediate decline in the prices of farm products was observed in most parts of the province. However, the increasing winter cold has pushed up the prices of poultry products significantly since the last week. Drastically low temperature all over the […]
With the country trapped in a situation of hyper inflation, car manufacturers have also raised the prices of their vehicles at the start of the current year. One of the largest car assemblers in Pakistan, Honda Atlas Cars Pakistan Limited (HACPL), has raised the prices of the different models of cars by Rs. 20,000-30,000 for […]
Forex reserves jumps to $ 16.77bn; State Bank of Pakistan Islamabad: (Thursday, December 29, 2011) at a time when good news about country’s economy has become least expected, the State Bank of Pakistan (SBP) revealed today that in the week ending on Dec 23, country’s foreign exchange reserves, which stood at $ 16.66bn in the […]
Most Favoured Nation status, real story behind the curtain (Part 2) The other side of the story is that Pakistan decided to gave India Most Favoured Nation status because it was looking to get it’s vote at the World Trade Organization (WTO) so the Pakistani industrialists can export their items in the European market. Imagine […]
Several protests and procession had been organized by different factions in Pakistan, especially from religious groups, against Pakistani leadership’s decision to award India with Most Favoured Nation (MFN). These groups raised several slogans against the government’s decision and termed it a poor choice they had opted for. Among these slogans the most prominent one was […]
Oil prices drop more than $3 a barrel – world oil and gas sector update Pakistan: Oil prices were seen falling more than $3 per barrel on Tuesday after a decision by Greece to call a referendum over its debt bailout threw the euro zone into crisis and as data showed global economic activity was […]
Gas Prices Likely to increase from January 2012- Oil and Gas sector update Islamabad- Oil and Gas Authority of Pakistan (OGRA) reported on Friday that it will be forced to put extra burden on it consumers by increasing the gas tariff by up to Rs 50 per mmbtu from the start of next year. Such […]
Federal government to ensure gas provision to power and domestic sectors – Pakistan Oil and Gas update Islamabad – News Pakistan has learnt from some highly placed sources that frustrating gas load shedding is likely to severely hit the people of Pakistan in winter as the country ifaces its worst energy crisis since its birth. […]
