the average prescribed price per MMBTU of gas is recommended at Rs 1,635.90 and the decrease in price per MMBTU is Rs 179.17 with a decrease percentage of 10% for SNGPL. The Average prescribed price for SSGC is determined as Rs.1401.25 with a decrease in price per MMBTU is Rs.59.23 and the decrease percentage is […]
The approval was granted during a 109th meeting of the National Accounts Committee (NAC) here today in Islamabad. Pakistan’s Gross Domestic Product (GDP) growth rate remained at 2.38 percent against the set target of 3.5 percent in FY2023-24. The economy has posted a stable growth of 2.09% during Q3 of FY 2023-24. The growth in […]
Implementation of the CASA-1000 project started in January 2018. The project is a $1.2 billion regional program to interconnect the power systems of four countries to transfer excess hydropower of 1,300 MW from Kyrgyzstan and Tajikistan to Afghanistan and Pakistan. The bilateral ties and projects were discussed in a bilateral meeting between Deputy Prime Minister […]
Brent crude futures fell 44 cents, or 0.53%, to $83.27 a barrel by 0313 GMT. US West Texas Intermediate crude (WTI) slipped 51 cents, or 0.64%, to $79.29 a barrel. Both benchmarks fell less than 1% on Monday as US Federal Reserve officials said they were awaiting more signs of slowing inflation before considering interest […]
According to the sources, the prime minister has directed to suspend four officials of the Ministry of National Food Security over poor planning and negligence. The premier, as per details, gave its nod for relevant action to be taken against former federal secretary of National Food Security Muhammad Asif. Meanwhile, other officers who are to […]
The founder of WikiLeaks, Julian Assange, had some success when he attempted to challenge the extradition ruling signed in 2022 by home secretary Priti Patel, according to a High Court in the United Kingdom. Prosecutors claim that war crimes and secret material released by WikiLeaks put the lives of those whose names were not concealed […]
Worth $70 million, the world’s largest sportfishing yacht, “Special One,” belongs to Prince Turki bin Muqerin of Saudi Arabia. The six decks of Special One are exquisitely designed by the Dutch studio Vripack. According to Luxury Launches, it is longer than an Olympic-sized swimming pool and has a mass so great that it is probably […]
the plan aims to reduce expenditures in the next fiscal year, with the federal government not establishing any new universities and provinces funding varsity under their jurisdiction. In the next fiscal year, a contributory pension scheme is planned for all departments, except defense and police personnel. The scheme came as the global lender has asked […]
Within the federal budget for the fiscal year 2024–2025, government personnel should expect a salary increase of 10% to 15%. It is also anticipated that the federal government will increase retired employees’ pensions by 10%. In addition, there is a plan to raise the funds of the Employees’ Old-Age Benefits Institution (EOBI). In addition, pension […]
The United States government has made the decision to tighten the screws on money laundering and financing of terrorism by limiting the usage of cash and enacting reforms in the real estate industry. During the first week of May, the National Anti-Money Laundering and Counter Financing of Terrorism Authority met and took decisions under the […]
