The gas supply to the CNG sector will remain suspended for more than two months starting December 1, the Sui Southern Gas Company (SSGC) said Monday. In a statement, the SSGC said gas supply was being suspended to the CNG sector in a bid to manage the additional winter load of domestic customers. It has مزید پڑھیں

An audit, conducted by the Auditor General of Pakistan from April 2020 to June 2020, examined Rs354.23 billion expenditure out of the total Rs1.240 trillion approved by the prime minister in March 2020 to combat the virus. The state audit of the government’s expenditure was released last week. Examining these three months, the audit report مزید پڑھیں

Gas supply was halted by the Sui Southern Gas Company Limited (SSGC) on Saturday to all captive power plants (CPPs) for general non-export industries across Sindh and Balochistan. It was done to meet the increasing demand of domestic consumers in winters on a priority basis. Supply discontinuation will come into immediate effect and it will مزید پڑھیں

Bitcoin tumbled almost eight per cent on Friday after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the perceived safety of bonds, the yen and the dollar. Bitcoin, the largest digital currency, fell as much as 7.8pc to $54,377, its lowest since October 12. It was on track مزید پڑھیں

Advisor to the Prime Minister on Finance Shaukat Tarin has said that all taxes on petrol have been abolished and that all benefits from the reduction in oil prices will be transferred to the people. Talking to media in Karachi, Tarin said if we do not refinance, something else will have to be done. “The مزید پڑھیں

Gold price slipped on Thursday as the rupee ticked up from its lows, fell by Rs100 to close at Rs124,000 per tola on Thursday contrary to a rise in the international bullion market. The yellow metal lost Rs100 to settle at Rs124,000 per tola and Rs86 to fall to Rs106,310 per 10 grams in the مزید پڑھیں

Following the protest from petroleum dealers, the ministry of energy and petroleum has sent the approval for an increase in the margins of oil marketing companies (OMCs) to the Economic Coordination Committee (ECC), the spokesperson said on Thursday. “The dealers’ margin has been increasing by Rs0.20 in the past,” he said, adding that this time مزید پڑھیں

The gold price resumed its uptrend in the domestic market and rose by Rs2,500 to close at Rs124,100 per tola on Wednesday contrary to a decline in the international bullion market. Gold prices in the local bullion market jumped Rs2,144 per 10 grams to reach Rs106,396. A day earlier, the precious commodity closed at Rs121,600 مزید پڑھیں

The Pakistan Petroleum Dealers Association (PPDA) Wednesday announced to go on a countrywide strike from tomorrow (November 25) to register their protest at what they call “low-profit margins”. Talking to journalists, PPDA’s Secretary Noman Butt said all petrol pumps will close at 6 am from Thursday for an indefinite period across the country, including Gilgit-Baltistan مزید پڑھیں

Turkey’s lira nose-dived 15% on Tuesday in its second-worst day ever after President Tayyip Erdogan defended recent sharp rate cuts, and vowed to win his “economic war of independence” despite widespread criticism and pleas to reverse course. The lira tumbled to as low as 13.45 to the dollar, plumbing record troughs for an 11th straight مزید پڑھیں