The government has urgently issued fresh tenders to meet the peak LNG demand in winter as two suppliers chose to default on their November shipments.Failing to secure new LNG shipments will worsen Pakistan’s expected shortage.The government is in a sta…
Punjab Chief Minister Sardar Usman Buzdar says the PTI government has allocated billions of rupees for development projects of Lahore.In a statement on Tuesday, he said mega infrastructure projects have been started in the city.Usman Buzdar said comple…
A delegation of the Senate Standing Committee on Kashmir and Gilgit-Baltistan led by Professor Sajid Mir visited Muzaffarabad today [Monday].Additional Chief Secretary Development Azad Jammu and Kashmir Dr. Sajid Mehmood Chouhan briefed the delegation …
The Federal Board of Revenue (FBR) has collected net revenue of Rs. 1,841 billion from July to October of the current financial year 2021-22.FBR on Saturday released the provisional revenue collection figures for July-October Financial Year 2021-22.Acc…
The circular debt was recorded at Rs. 2,379 billion in the first quarter of the current fiscal 2021-22.The power division has informed the Cabinet Committee on Energy (CCoE) that the circular debt reached Rs. 2,379 billion from July to September (Q1) f…
The Pakistan Rupee appreciated against the US Dollar (USD) for the second consecutive day today. It gained 52 paisas against the dollar and closed at 172.26.Yesterday, the local currency registered its largest increase in value since April 2020. It add…
Allied Bank Limited (ABL) has managed to sustain its profit growth which stood at 4.5% year-on-year from January to September 2021.According to the financial results, the bank’s profit increased to Rs. 13.2 billion by the end of nine months of 2021, as…
The Ministry of National Food Security and Research has proposed an increase in the support price for wheat to support farmers, a national daily reported.Imtiaz Ali Gopang, Food Security Commissioner of the Ministry of National Food Security and Resear…
