By Staff Reporter
ISLAMABAD: Petroleum Division has raised questions over Hub Power Holding Limited’s (HUBCO) undertaking about the transfer of entire share capital of Eni Pakistan Limited to Prime International Oil & Gas Company Limited (PIOGCL), while moving the corporate regulator to vet the case for clarity, it was learnt on Monday.
By Staff Reporter
ISLAMABAD: Minister for Finance Miftah Ismail on Monday claimed the IMF programme was coming along very well, but the fund has not shared the nine tables with the Memorandum of Economic and Financial Policies (MEFP), required for the completion of combined reviews, which casts tons of doubts on the finance chief’s damage-control statements, raising serious concerns over the fate of economy.
By Staff Reporter
ISLAMABAD: Trade deficit widened by a gargantuan 55.29 percent in the fiscal year ended on June 30, 2022 primarily powered by a surge in petroleum and foods imports that outpaced the exports by a mammoth margin.
By Staff Reporter
ISLAMABAD: Setting off serious alarms for the first time since the new Covid variant’s outbreak in Pakistan, the country’s top health official on Monday appealed to the people to not to let their precautionary guard down in any way to save themselves as well as others from the pandemic.
By Staff Reporter
ISLAMABAD: The country’s power regulator on Monday allowed K-Electric (KE) to ratchet up the tariff for the load-shedding-battered consumers by Rs9.66/unit, a second such increase in a short span of time.
