Discounted crude, refined products: Pakistan-Russia IGC to meet in Jan ISLAMABAD: Pakistan-Russia Inter-Governmental Commission (IGC) would arrive in January 2023 for negotiation on... Updated 17 Dec, 2022 09:35am
Business & Finance Cut in prices of petrol, diesel announced ISLAMABAD: Finance Minister Ishaq Dar has announced reduction in petroleum products’ prices on Thursday for the... Updated 16 Dec, 2022 11:27am
Business & Finance Jul-Oct LSM sector output down 2.89pc YoY ISLAMABAD: The overall output of the Large Scale Manufacturing (LSM) sector declined by 2.89 percent during the ... Published 16 Dec, 2022 05:58am
Business & Finance Experts see significant cut in prices of petrol, diesel ISLAMABAD: The price of petrol is likely to go down significantly in the range of Rs10.11 per litre while the price... Published 15 Dec, 2022 06:00am
Opinion SBP’s newfound realism The recent meeting of the Monetary Policy Committee (MPC) of the SBP (State Bank of Pakistan) has led to the ... Published 06 Dec, 2022 05:58am
Print Petrol, diesel and LNG at discounted rates: Russian ministers due next month ISLAMABAD: A Russian ministerial delegation is scheduled to visit Pakistan in January 2023 for further negotiation ... Updated 06 Dec, 2022 09:33am
Pakistan Russia to provide crude oil to Pakistan at discounted rates: Musadik Malik State minister for petroleum says Russian government-level delegation will visit Pakistan in mid-January Updated 05 Dec, 2022 06:29pm
Print Nov POL products’ sales down 12pc to 1.55m tons YoY KARACHI: Total petroleum products’ sales clocked in at 1.55 million tons in November 2022, displaying a decline of... Updated 03 Dec, 2022 09:57am
Print HSD, SKO & LDO: PL increased to generate Rs36.199bn ISLAMABAD: The federal government has increased petroleum levy on High Speed Diesel (HSD) by 98 percent, 17 percent... Updated 02 Dec, 2022 09:45am
Print No curbs on oil, LNG and POL products’ LCs: SBP KARACHI: The State Bank of Pakistan (SBP) has strongly rebutted placing any restriction on Letters of Credit (LCs)... Updated 02 Dec, 2022 09:47am
Business & Finance Rates of kerosene oil, light diesel dip ISLAMABAD: In the fortnightly prices’ review of petroleum products, the price of kerosene oil (SKO) has been... Updated 01 Dec, 2022 09:43am
Print Govt plans to deregulate POL products’ market by 2027 ISLAMABAD: The government has planned to fully deregulate its petroleum products market by 2027 after the ... Updated 27 Nov, 2022 05:00pm
Business & Finance Q1 LSMI output down 0.4pc YoY ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output has declined by 0.4 per cent during the first... Updated 17 Nov, 2022 09:18am
Business & Finance POL products’ prices kept unchanged ISLAMABAD: The government has decided to keep the prices of petroleum products unchanged for second half of November... Published 16 Nov, 2022 05:50am
Print GST on petroleum products likely in second half of Nov ISLAMABAD: Federal government is likely to impose general sale tax (GST) on petroleum products in the second half of... Updated 02 Nov, 2022 04:48pm
Print Pakistan, KSA agree to increase cooperation in energy, other sectors ISLAMABAD: Pakistan and Saudi Arabia are said to have agreed to activate the agreement on financing and providing... Updated 29 Oct, 2022 09:43am
Pakistan Jul-Sep textile group's exports up 3.7% year-on-year to $3.58bn Petroleum group imports 5.9% higher during the first quarter of the current fiscal year 2022-23 and remained at $4.866bn Published 18 Oct, 2022 05:39pm
Markets Ogra, NLC hold training for HTV drivers ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) in collaboration with National Logistic Cell (NLC) arranged a... Published 05 Oct, 2022 06:54am
Print Low consumption of MS, HSD: Jul-Aug PDL collection shortfall stands at Rs93bn ISLAMABAD: The shortfall in collection of petroleum levy against the budgeted target was Rs93 billion in July and... Updated 04 Oct, 2022 09:40am
Print FY22 domestic consumption of POL products: Sales tax collection declines 54.4pc to Rs107bn YoY Major chunk of around 44 percent of sales tax domestic collection comes from ten sectors including petroleum products, electricity, sugar, cement, natural gas Updated 03 Oct, 2022 09:59am
Print Contribution by 10 major sectors constitutes 71pc of CD collection ISLAMABAD: Nearly 71 percent of customs duty collection has been contributed by 10 major sectors during 2021-22... Updated 03 Oct, 2022 09:40am
Business & Finance July LSMI output slumps 16.5pc MoM, 1.4pc YoY ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output has declined by 16.5 percent on a month-on month... Updated 23 Sep, 2022 09:54am
Pakistan Fawad slams govt for not cutting oil prices ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Wednesday condemned the government for not giving... Published 22 Sep, 2022 05:48am
Print Petrol price raised by Rs1.45 per litre ISLAMABAD: The federal government Wednesday announced an increase of Rs1.45 per litre in the price of petrol. The... Published 22 Sep, 2022 05:48am
Business & Finance Loop Energy says new hydrogen fuel cell more efficient than diesel engine Hydrogen fuel cell maker Loop Energy said on Sunday that its latest cell system can deliver better fuel economy than... Published 18 Sep, 2022 10:12pm
Print Some oil products likely to be dropped from PPRA schedule ISLAMABAD: The government is likely to drop some petroleum products from Schedule-1 of PPRA but furnace oil will... Updated 16 Sep, 2022 09:49am
Print Extra revenue collection goal: Govt may not pass full relief on to POL consumers ISLAMABAD: The federal government may not pass on the full relief to the end-consumers in a bid to collect ... Updated 15 Sep, 2022 09:59am
Markets Prices of edibles increase Islamabad: The prices of most of the essential kitchen items increased during this week past as against the previous... Published 04 Sep, 2022 05:44am
Opinion Rising electricity tariffs: a fact-sheet The IMF (International Monetary Fund) conditionalities imposed with the grant of their loan is invariably cited by... Published 03 Sep, 2022 04:25am
Print Petroleum levy on petrol jacked up by 87pc ISLAMABAD: Federal government has jacked up the rate of petroleum levy (PL) on petrol by 87 percent, ie, all-time... Updated 02 Sep, 2022 11:35am
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’