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PM directs petroleum minister to negotiate diesel price cut with local refineries

PM directs petroleum minister to negotiate diesel price cut with local refineries

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed Petroleum Minister Ali Pervaiz Malik to immediately travel to Karachi and negotiate…
NESPAK sets record with 180 new engineering projects in FY2025-26

NESPAK sets record with 180 new engineering projects in FY2025-26

LAHORE: NESPAK, a premier organization of consulting engineers, has set an all-time record in business acquisition by securing 180 new engineering…
SBP injects Rs11.6tr into banking system

SBP injects Rs11.6tr into banking system

The State Bank of Pakistan (SBP) injected around Rs11.6 trillion into the country’s banking system through an open market operation…
Pakistan reports major gas discovery in Sarani block

Pakistan reports major gas discovery in Sarani block

ISLAMABAD: Pakistan has recorded a significant milestone in its hydrocarbon exploration sector with the discovery of high-quality gas from an…
Pakistan approves 1m tonnes wheat imports

Pakistan approves 1m tonnes wheat imports

Pakistan’s strategic wheat reserves have fallen to critically low levels, with the stocks held by the Pakistan Agricultural Storage and…
GIDC Amendment Bill to unlock Rs400bn stuck dues

GIDC Amendment Bill to unlock Rs400bn stuck dues

ISLAMABAD: The National Assembly is expected to consider the Gas Infrastructure Development Cess (Amendment) Bill, 2026, a proposed legal change…
PARCO, Cnergyico lead $1bn refinery exports

PARCO, Cnergyico lead $1bn refinery exports

Pakistan’s oil refining sector has achieved a major milestone. The country’s five major refineries exported petroleum products worth around $1.046…
Pakistan faces risk of LPG shortage as security concerns disrupt supply routes

Pakistan faces risk of LPG shortage as security concerns disrupt supply routes

ISLAMABAD: Pakistan could face an LPG shortage in the coming days, with prices also likely to rise further amid growing…
CPPA seeks Rs2.52 per unit increase in electricity tariff

CPPA seeks Rs2.52 per unit increase in electricity tariff

KARACHI: The Central Power Purchasing Agency (CPPA) has approached the National Electric Power Regulatory Authority (Nepra) seeking an increase of…
Pakistan stocks plunge, investors lose billions as KSE-100 drops 2,546 points

Pakistan stocks plunge, investors lose billions as KSE-100 drops 2,546 points

KARACHI: Pakistan’s stock market witnessed heavy selling pressure on Tuesday, with the benchmark KSE-100 Index plunging 2,546 points and leaving…
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