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The federal government authorized on Monday a hike in natural gas prices for several customer categories, effective November 1, 2023. The Oil and Gas Regulatory Authority’s (OGRA) recommendations served as the basis for this judgment. The Cabinet’s Economic Coordination Committee (ECC) had already decided to increase natural gas prices onContinue Reading
The primary KSE-100 Index broke beyond the 52,000 mark on Tuesday, marking a good trend for the Pakistan Stock Exchange (PSX) after rising by more than 500 points. The index increased by 521.43 points, or around 1.01%, to 52,004.35 at 12:30 p.m. Brokerage business Arif Habib Limited pointed out thatContinue Reading
ISLAMABAD : Petroleum prices are expected to drop starting tomorrow (Oct. 1) as a result of the Pakistani rupee’s considerable strengthening versus the US dollar. According to sources, there has been a decline in petroleum prices on the global market, and it is hoped that the government would lower theContinue Reading
(AFP) – The White House announced on Friday that Israel and Saudi Arabia are nearing an agreement to normalize relations after decades of enmity. President Joe Biden hopes to alter the Middle East — and score an election-year diplomatic success — by gaining Saudi Arabia’s recognition of the Jewish state,Continue Reading
A four-member female gang known for preying on female commuters in the Bus Rapid Transit (BRT) has been captured by the Peshawar police, marking a significant victory.On Tuesday, the arrests were made public, putting light on a wave of thefts of cash, jewelry, and cell phones.Two of the gang membersContinue Reading
Dr. Umar Saif, the interim federal minister for information technology and telecommunication, stated on Tuesday that the government is in discussions with Stripe and PayPal about providing services in the nation.Speaking to journalists in Islamabad, the minister emphasized the need of bringing PayPal to Pakistan in order to assist independentContinue Reading
Caretaker Muhammad Ali, the federal minister of energy, stated on Monday that adding Thar coal and renewable energy sources to the energy mix will increase the energy mix and lower power rates.The minister told the media that the government was considering privatizing all former Wapda distribution businesses (DISCOs) under aContinue Reading
The National Highway Authority (NHA) has raised toll charges on the Lahore-Islamabad Motorway (M2). The new tariffs will be in place from August 25, 2023 until August 26, 2024, according to an official announcement. The following are the new rates: Category Toll Rate Per Kilometer (Rs.) Total Amount (Rs.) Car/Jeep/PickupContinue Reading
ISLAMABAD – Protests are taking place in major cities and towns across the country, including Karachi, Lahore, and Peshawar, over excessive electricity costs. People have taken to the streets in response to a huge increase in electricity rates across the country.In most of the country’s small and big cities, businessmenContinue Reading
Beijing (Reuters) – More than three years after ceasing because to COVID-19 limitations, Beijing has let North Korea’s state-run airline Air Koryo to restart flights to China, the Chinese foreign ministry announced on Monday. The decision coincides with indications of greater communication between North Korea and its largest commercial partnerContinue Reading
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