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Sunday, September 20, 2020

Govt approves 6% raise in petroleum prices

The government increased prices of petroleum products on Saturday by between 4.8 per cent and 11.8 per cent, on the heels of sharp rises...

US Dollar Inter-Bank Rate Drops to Rs. 148.7 And 149.51 In Open Market

The value of the US dollar against Pakistani rupee touched an all-time high of Rs. 146 in the mid of this month. But as...

Energy conservation – Consumer cooperation urged to overcome crisis

PESHAWAR: PESCO Chief Executive Muhammad Wali on Saturday said that consumers’ cooperation and consensus are vital to overcome the current energy crisis, which has...

Chinese company Alipay coming to Pakistan with Rs. 20 Billion investment plan

ISLAMABAD: Ant Financial Services Group, an affiliate of Chinese e-commerce giant Alibaba, on Tuesday agreed to acquire 45 percent stake worth around Rs. 20...

Local CNG Cylinders: Financial constraints stagnate initiative

ISLAMABAD: A project by the Ministry of Science to introduce locally made Compressed Natural Gas (CNG) cylinders is lying in doldrums due to lack...

Bullet and Bomb Proof Car’s Production in Karachi

KARACHI: As an unprecedented wave of killings and kidnappings hits Karachi, the Pakistani city's elite are splashing out the cash to have their luxury...

Jack up the gas connection fee heavily

Much to the dismay of inflation-stricken common citizens interested to get new gas connection on urgent basis, Sui Northern Gas Pipelines Limited (SNGPL) has...

India has offered to sell electricity to Pakistan

India has offered to sell power to Pakistan in order to help the country overcome its chronic power shortage, said Pakistan’s Commerce Secretary Zafar...

iPhone latest update may mark a shift to lower – end consumers

With Apple due to present a much-anticipated update to its iPhones on Tuesday, most analysts expect to see the technology pioneer shifting its focus...

ADB to give $400m for infrastructure

KARACHI: The Asian Development Bank (ADB) will give $400 million for a programme to improve the infrastructure and municipal utility services for about five...

Electricity shortfall reaches 2,000MW: PEPCO

The Pakistan Electric Power Company (PEPCO) claimed that electricity shortfall has reached over 2,000 megawatts. The company’s demand is 16,340 while the  production is 14,229. This...

Wheat: Higher crop yield to boost production

FAISALABAD: The target of 19 million tons of wheat in the Punjab is likely to be surpassed due to high-yield wheat varieties developed by...

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