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Government to announce Federal Budget 2013-14 on June 12

Pakistan, Islamabad News : Newly Elected Government of Pakistan PML-N is ready to presents its new and fast Federal Budget for the fiscal year 2013-14 on June 12, E Pakistan News Reported. According to... 

Pak stocks cross 22,000-point mark

Pakistan, Business News :  Pakistan’s stocks closed higher on Monday, as index heavy-weights Oil and Gas Development Co Ltd and Muslim Commercial Bank caused the benchmark KSE-100 index to cross... 

NEPRA increased the electricity price per unit

Pakistan, Business News : The National Electric Power Regulatory Authority (Nepra) approved on Tuesday an increase of 75 paisa per unit in the electricity tariff for Wapda companies on account of fuel... 

China assumes Gwadar Port charge

Pakistan, Business News : China has formally assumed charge of Pakistan’s deep-water Gwadar Port following an agreement signed between the two countries in February this year. Three companies including... 

Pakistan approves 100,000 tonnes of wheat for Iran

Pakistan, Business News : Islamabad has authorised the export of 100,000 tonnes of wheat to Iran in trade not jeopardised by Western sanctions, to settle dues for electricity supplied to Pakistan’s... 

Indian inflation at lowest in over three years

World, Business News – India’s inflation unexpectedly slipped to below six per cent for the first time in nearly three and half years, official data showed on Monday, fanning hopes of fresh interest... 

SBP leaves key interest rate unchanged

World News – Pakistan’s central bank said on Friday it was leaving its key policy rate unchanged at 9.5 per cent. The State Bank of Pakistan said it faced two main challenges in reaching a policy... 

PSO seeks 700,000 T fuel for April-July

Pakistan, Business News – Pakistan State Oil is seeking 700,000 tonnes of fuel oil for delivery over April to July, a tender document showed on Friday, about 15 percent less than the volumes it had... 

SC seeks record of 450 illegal CNG stations

Pakistan, Business News – The Supreme Court on Wednesday directed the federation to file para-wise comments on the awarding of licenses to some 450 CNG stations and sought relevant record of the... 

Pakistan’s first private hydropower IPP

Pakistan News – Pakistan’s first private hydropower IPP established by Hub Power Company (Hubco) has commenced commercial operations. An announcement here on Monday said that Pakistan and Azad... 

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