The Oil and Gas Regulatory Authority (OGRA) on Saturday recommended up to Rs2 decrease in prices of petroleum products for the month of November. The authority forwarded a summary in this regard to the Ministry of Finance for approval. According to the details disclosed by the summary, the OGRA has recommended a Rs1.50 cut in مزید پڑھیں

The government on Thursday approved a fertiliser subsidy of Rs5.4 billion for farmers, two days after a ruckus in the federal cabinet over increasing inflation and the lack of a coordinated response to tackle it. The Economic Coordination Committee (ECC) of the cabinet approved a subsidy of Rs1,000 per 50kg bag of di-ammonium phosphate (DAP) مزید پڑھیں

The chief executive officer (CEO) of Pakistan International Airlines (PIA), Arshad Malik, has paid a one-day visit to Turkey for discussing the alternative plan for flight restoration to European countries. During his visit, Arshad Malik held meetings with the chief executive officer (CEO) and chairman of the Turkish Airlines. The PIA and Turkish Airlines have مزید پڑھیں

The European Union has allocated Euro 1.15 million for Pakistan to cope with the damage caused by the devastating monsoon rains and floods across the country during August and September. The fund was part of a multi-donor response that would support over 420,000 people and help address the most pressing needs of around 75,000 people مزید پڑھیں

Minister for Industries and Production Hammad Azhar tweeted on Monday that a rally in shares on the stock market, the appreciation of the rupee, and strong growth in industrial sectors point towards a positive economic sentiment in the country. He said tax revenues are also rising and the country’s current account is also in surplus. مزید پڑھیں

The prices of Liquefied Petroleum Gas (LPG) has been increased by Rs10 to Rs130 per kilogram in the domestic market. Talking to journalists, LPG Distributors Association’s Irafan Khokhar attributed the local price hike to $60 per ton rise in the international market. He maintained that the price of an 11.8 kg domestic cylinder has been مزید پڑھیں

Millers on Thursday reduced prices of various varieties of flour by Rs7 per kg prior to release of Sindh government’s wheat to millers followed by drop in price of imported and locally-produced wheat. Pakistan Flour Mills Association Sindh Zone Chairman Chaudhry Mohammad Yousuf said the price of flour no. 2.5 has been slashed to Rs52 مزید پڑھیں

Balochistan Governor Amanullah Khan Yasinzai has underlined the need for boosting economic cooperation between Pakistan and Iran. Presiding over the concluding session the 8th Pak-Iran Joint Border Trade Committee meeting here on Wednesday, he said that people of both countries were enjoying cordial and close relations, adding the decisions taken by the committee would be مزید پڑھیں

Ride-hailing firm Uber UBER.N has offered more than 1 billion euros to buy Daimler DAIGn.DE and BMW’s BMWG.DE joint mobility services company Freenow, Manager Magazin said on Wednesday. While Daimler is ready to sell, BMW’s Chief Executive Oliver Zipse is wavering about selling up, and is instead open to offering Uber a stake, Manager Magazin مزید پڑھیں

Minister for Petroleum Division Omar Ayub Khan has acknowledged that the country is going to face a serious natural gas shortage in upcoming winter months due to a gap between the demand and supply of gas. He highlighted that during winter months, gas consumption by the domestic sector increased manifold on account of use of مزید پڑھیں