KE consumers to be slapped with another Rs1.52 per unit surcharge
ISLAMABAD: The federal government has decided to impose a Rs1.52 per unit surcharge on all electricity consumers of K-Electric to mop up about Rs25 billion in additional revenue during the current fiscal year. This will be on top of an average Rs30 p...
PTCL, Ufone 4G mark Independence Day with weeklong company-wide celebrations
Pakistan’s largest telecommunication company, PTCL Group (PTCL and Ufone 4G) marked 76th Independence Day of Pakistan with weeklong celebrations at PTCL Group offices nationwide. Weeklong activities culminated in main flag hoisting and cake-cut...
Any attempt to sabotage CPEC won't succeed: China
BEIJING: Condemning terrorist attack targeting Chinese engineers in Gwadar, Chinese Foreign Ministry spokesperson said that any attempt to sabotage friendship between China and Pakistan and development of China-Pakistan Economic Corridor (CPEC) will...
Pakistan suspends import of Russian crude oil
KARACHI: Pakistan has suspended its import of crude oil from Russia after refining process yielded more furnace oil than petrol, sources in energy sector said. Moreover, sources claimed that Pakistan Refinery had refused to process more Russian oil,...
SECP registers 2,220 new companies in July
Karachi: Securities and Exchange Commission of Pakistan (SECP) registered 2,220 new companies in July 2023, 25 percent increase from previous year, press release said. Total capitalisation for companies stood at Rs 3.3 billion. Total number of regist...
Pak’s sugar export quota for Afghanistan expires
KHYBER: The sugar export quota of 32,000 Metric Tons – approved by the government of Pakistan – for export to Afghanistan has come to an end. According to the sources, after the approval, the consistent shipments of sugar continued to Afg...
Govt laid foundation of eco recovery plan: PM
ISLAMABAD: Prime Minister Shehbaz Sharif said best way of paying homage to martyrs is to make Pakistan strong and self-sufficient on economic front. In tweet, he said coalition government has laid foundation of economic recovery plan in form of Speci...
ECNEC approves various national development projects
ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar chaired meeting of Executive Committee of National Economic Council (ECNEC), which approved various national development projects. ECNEC approved projects including construction of Awaran...
Electricity tariff increased by Rs 1.81 for K-E consumers
Karachi: Electricity tariff for Karachi consumers has been increased by Rs 2.31 per unit and Rs 1.81 for government distribution companies. Notification for increase in monthly fuel price adjustment for a month has also been issued. An additional bur...
Govt evolves plan to collect additional Rs721bn from consumers
ISLAMABAD: Under IMF condition, government has worked out planning to charge additional Rs 721 billion to electricity consumers during current fiscal year. Plan worked out by Finance Ministry and Energy Ministry for enhancing power tariff has been sh...
