Due to a technical issue, the Sui Southern Gas Company Ltd (SSGCL) has suspended gas supply to all CNG stations and industries in Sindh and Balochistan for 72 hours. Domestic and commercial customers, on the other hand, have not seen any interruptions in gas deliveries, according to the sources. AsRead More →
ISLAMABAD, Pakistan – The National Electric Power Regulatory Authority (NEPRA) has hiked the price of energy by Rs1.95 per unit, causing still more inflation. According to a statement released by NEPRA, a fuel charge adjustment of Rs1.95 per unit of electricity has been authorised. In the framework of the AugustRead More →
ISLAMABAD – The Pandora Papers have uncovered further levels of corruption in Nawaz Sharif and Asif Ali Zardari, according to Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain. He said in a tweet that Sharjeel Memon and Ali Dar, Nawaz Sharif’s son-in-law and Ishaq Dar’s son, had no statusRead More →
ISLAMABAD, Pakistan – The provisional revenue collection numbers for the first quarter of FY 2021-22 have been issued by the Federal Board of Revenue (FBR). FBR received net revenue of Rs.1,395 billion in the first quarter of the current Financial Year, surpassing the objective of Rs. 1,211 billion by Rs.Read More →
ISLAMABAD, Pakistan – During a phone chat on Thursday, Prime Minister Imran Khan and Iraqi Prime Minister Mustafa Al-Kadhimi expressed a willingness to deepen bilateral cooperation between the two nations in a variety of sectors, including commerce, investment, infrastructure development, and religious tourism. The Prime Minister wished the Iraqi governmentRead More →
ISLAMABAD: Finance Minister Shaukat Tarin said on Thursday that commerce with Afghanistan will be conducted in Pakistani currency due to a dollar scarcity in Kabul. Senator Senator Talha Mehmood, who chairs the Senate Standing Committee on Finance, made the decision during a meeting of the committee. According to Tarin, theRead More →
KARACHI: The State Bank of Pakistan (SBP) has received $2.75 billion in Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), bringing the central bank’s foreign exchange holdings to an all-time high of $20.14 billion. The central bank’s foreign currency reserves on August 27 were $20,145.6 million, according toRead More →
KARACHI: According to Channel News, the Sindh government has decided to impose an emergency lockdown till August 8 as the province continues to face a worrisome increase of COVID-19 infections. It will take effect the next day (Saturday). This was agreed during a coronavirus task force meeting on Friday, whichRead More →
The State Bank of Pakistan has chosen to keep the policy rate at 7% for the next two months, according to Dr Reza Baqir, the central bank’s governor. “The Monetary Policy Committee (MPC) agreed to keep the policy rate at 7% at its meeting on July 27, 2021,” the SBPRead More →
Xiaomi Corp, a Chinese smartphone company, surpassed Apple Inc to become the world’s No. 2 smartphone producer in the second quarter, according to Canalys, a market research firm. According to the research organisation, Xiaomi moved into second place for the first time, with a 17 percent share of global smartphoneRead More →
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