The government on Tuesday decided to decrease the prices of petrol and high-speed diesel (HSD) by Rs1.5 per litre from Sept 1 to “provide maximum relief” to people. It also decreased the price of kerosene by Rs1.5 and that of light diesel oil (LDO) by Rs1 per litre, respectively. According to a notification issued by مزید پڑھیں

The price of petroleum products in the country is expected to fall from September 1, as the Oil and Gas Regulatory (OGRA) has sent a bi-monthly rate list to the government, sources said Monday. The OGRA has suggested the Petroleum Division reduces the price of petrol by Rs3.5, diesel Rs5, light diesel oil Rs2, and مزید پڑھیں

The weekly inflation, based on the Sensitive Price Index (SPI), for the week ended August 26 registered a meagre gain of 0.22% for the combined income group going up from 151.80 points during the week ended August 19, 2021 to 152.14 points in the week under review. According to the provisional figures released by the مزید پڑھیں

The Privatisation Commission on Thursday auctioned the Services International Hotel in Lahore at the highest bid of Rs1.951 billion against the reserved price of Rs1.949bn with the small difference between the two prices raising some eyebrows. Only two bidders participated in the auction and a renowned real estate developer of Lahore, Faisal Town Pvt Ltd, مزید پڑھیں

K-Electric has offered to set-up a short-term hot desk to facilitate the members of Karachi Chamber of Commerce & Industry (KCCI). The KE officials extended the offer during their visit to the Karachi Chamber of Commerce & Industry (KCCI) on Tuesday. During the visit, the KE officials briefed the business community of Karachi on new مزید پڑھیں

Samsung Group unveiled a $205 billion investment blueprint on Tuesday aimed at making the company a leader in a range of technologies from semiconductors to robotics and creating 40,000 new jobs. The tech giant is South Korea’s largest conglomerate and its overall turnover is equivalent to a fifth of the national gross domestic product. Samsung مزید پڑھیں

Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 77.4% from the year’s low of $27,734 on Jan. 4. Ether , the coin linked to the ethereum blockchain network, rose 3.03% to $3,281.82 on Friday, adding $96.64 to مزید پڑھیں

Finance Minister Shaukat Tarin said on Friday that he believed the energy sector to be the government’s “Achilles heel”, and it would take at least five to seven years to resolve the issues the sector was facing. Addressing businessmen at the Overseas Investors Chamber of Commerce and Industry, he said the government was trying to مزید پڑھیں

Pfizer and BioNTech on Monday submitted preliminary clinical data to US health authorities as part of their effort to seek authorization for a third dose of their Covid-19 vaccine for all Americans. Last week, the United States approved the booster shot of Pfizer-BioNTech and Moderna vaccines for people with weakened immune systems. Pfizer and BioNTech مزید پڑھیں

As another major supply disruption of liquefied natural gas (LNG) looms large, the government is looking for legally safe and commercially viable alternatives to allow continuation of ‘larger replacement regasification terminal’ currently operating in Port Qasim as a fait accompli to avoid major power shortfalls and have greater gas availability during winters. Engro Elengy Terminal مزید پڑھیں