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• Centre, provinces struggle to reach consensus over fiscal space• Federal govt seeks over Rs1tr for strategic needs; provinces resist freeze on NFC shares• KP says demand could push provinces i...
• Member (oil) steps down after FIA quizzing on price differential claims • Legal cover for appointment of civil servant to head regulator ‘on the cards’ ISLAMABAD: The Oil and Gas...
• Rs4.7tr federal, provincial development plans may be revised• Federal PSDP may rise above Rs1.3tr; provincial ADPs could be trimmed• Mega projects face major cost, time overruns ISLAMABAD: The...
• Approves Rs100bn financing facility for PSO• Oil company facing over Rs900bn receivables from SOEs• Special honoraria expanded to more ministries, departments• Rs10.15bn cleared for Pakistan...
The government on Friday cut the petrol price by Rs4 per litre and kept the diesel rate unchanged with immediate effect for the week ending June 12, owing to changes in global prices over the past wee...
• Regulator allows Rs1.19 per unit FCA collection in June bills• Grants Rs1.99 per unit reduction for three months, until August ISLAMABAD: The National Electric Power Regulatory Authority (...
• KP finance czar says federal govt facing Rs1.7tr ‘fiscal hole’• Muzammil Aslam claims Centre in a tight spot due to coalition partners’ needs, IMF ‘over-commitments’ ISLAMABAD: The fed...
• Govt and mining company conducting formal review of procurement plans for project• Minister hints at gas tariff relief for domestic consumers from July 1 ISLAMABAD: Pakistan and Barrick Mining C...
ISLAMABAD: The state-owned Oil and Gas Development Company Limited (OGDCL) on Wednesday said it made a significant oil and gas discovery from its exploratory well Bobi Deep-1, located in Sindh’s San...
ISLAMABAD: Pakistan Institute of Development Economics (PIDE), a state-owned think tank, has asked the government to increase the minimum wage by at least 12.5 per cent to Rs45,000 and ensure its rule...