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Pakistan cuts petrol, diesel prices slightly for three days

Pakistan cuts petrol, diesel prices slightly for three days

ISLAMABAD: The government has announced a marginal reduction in the prices of petroleum products, lowering the rates of both petrol…
Foreign investors return to PSX after nearly two years

Foreign investors return to PSX after nearly two years

KARACHI: Foreign investors turned net buyers at the Pakistan Stock Exchange (PSX) for the first time in nearly two years,…
Ogra raises LPG price by Rs12.89 per kilogram

Ogra raises LPG price by Rs12.89 per kilogram

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has increased the price of liquefied petroleum gas (LPG) by Rs12.89 per…
IMF hurdle blocks fuel levy cut, Senate told

IMF hurdle blocks fuel levy cut, Senate told

Petroleum Minister Ali Pervaiz Malik has said the government is unlikely to reduce the petroleum levy unless it can identify…
Pakistan removed from global high-risk shipping list: minister

Pakistan removed from global high-risk shipping list: minister

KARACHI: Pakistan has been removed from an international list of high-risk maritime areas used by marine insurers to determine whether…
Qatari LNG cargo crosses Strait of Hormuz, set to arrive in Pakistan today

Qatari LNG cargo crosses Strait of Hormuz, set to arrive in Pakistan today

ISLAMABAD: Pakistan is set to receive another liquefied natural gas (LNG) cargo from Qatar, with the vessel successfully crossing the…
PSX reclaims 176,000-point level as bulls dominate trading

PSX reclaims 176,000-point level as bulls dominate trading

KARACHI: Pakistan Stock Exchange (PSX) showed a strong upward trend on Friday, with the benchmark index regaining the 176,000-point level…
Lesco saves Rs58 billion by cutting losses to historic low

Lesco saves Rs58 billion by cutting losses to historic low

Lahore Electric Supply Company (LESCO) has saved the national exchequer more than Rs58 billion by reducing its financial gap from…
Hanif Abbasi invites Turkish companies to take part in railway modernization

Hanif Abbasi invites Turkish companies to take part in railway modernization

Federal Minister for Railways Mohammad Hanif Abbasi, during his two-day official visit, held an important meeting with the high officials…
Government agrees on phased deregulation of petroleum sector

Government agrees on phased deregulation of petroleum sector

ISLAMABAD: The government has decided to gradually deregulate Pakistan’s petroleum sector after adopting a weekly review mechanism for oil prices…
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