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ECC directs Petroleum Division to divert surplus business to PR

ISLAMABAD: Economic Coordination Committee (ECC) of the cabinet has directed the Petroleum Division to divert surplus business to Pakistan Railways that offers lowest freight charges as compared to other modes of transportation. The Committee which...
Dollar continues slow and steady ascension against the PKR

Dollar dips in interbank, open market

KARACHI: The Pakistani rupee continued to gain strength against the US dollar in the interbank and open markets on Tuesday. The US dollar dropped by Rs2.30 in the interbank to Rs157.75. Similarly, it dropped by...

OGRA announces cut in LPG prices

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has reduced liquefied petroleum gas prices by six rupees a kilo. According to an OGRA notification, prices of domestic cylinder has been reduced by 68 rupees, while cost...
Saudi Arabia

KSA activates $3.2bn deferred payment facility for oil

ISLAMABAD: Pakistan will begin import of the petroleum products on deferred payment from Saudi Arabia this month. According to a statement issued from Saudi Embassy in Islamabad, Pakistan will import petroleum products of worth a...
CNG prices

CNG prices up by Rs 19 per kg in Sindh

KARACHI: The CNG stations owners association has decided to increase the Compressed Natural Gas prices by Rs19 per kilogram. The decision taken during a meeting of the CNG Association, Sindh, here on Monday. The CNG...

Islamabad traders stage sit-in against new taxes in front of FBR office

ISLAMABAD: The traders and shopkeepers from different parts of the country Monday held sit-in in front of the Federal Board of Revenue (FBR) headquarters against the new taxes. The protesters raised slogans against the new...
Deadline for Assets Declaration Scheme ends today

FBR’s offices to remain open today, tomorrow

ISLAMABAD: Federal Board of Revenue has issued instructions to its subordinate offices to remain open and observe extended working hours today and till eleven in the night tomorrow. According to a press release, the step...
Dollar continues slow and steady ascension against the PKR

US dollar slides down in open markets, interbank

KARACHI: The Pakistani rupee Friday gained strength against the US dollar in the interbank and open markets. At the close of day, the dollar fell down to Rs160.05 in the interbank, while it was being...

OGRA recommends decrease in petroleum products’ prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) Friday recommended decrease in the petroleum products’ prices for the month of July. In a summary forwarded to the petroleum division, the OGRA recommended a decrease of...
Dollar continues slow and steady ascension against the PKR

US dollar slides down by Rs3.5 in Interbank market

KARACHI: Following an intense upward trajectory, the US dollar finally took a dip as it slid by Rs3.5 in the Interbank market on Friday. During trading hours, US Dollar fell to Rs161 from Rs164.05 as...

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