With system losses going up to a record 14.4 per cent, the Oil and Gas Regulatory Authority (Ogra) on Tuesday notified about 3pc increase in the sale price of Regasified Liquified Natural Gas (RLNG) for two Sui gas companies effective from Sept 1 owing to higher international prices. The RLNG’s sale price for Lahore-based Sui Northern Gas Pipelines Ltd (SNGPL) has been increased by 2.76pc to $1
The cotton crop in Punjab is facing an onslaught from whiteflies, which is proving to be a nightmare for growers and agriculture department high-ups, as well who have so far been expecting a good harvest this year, mainly because of supportive weather. The scale of the whitefly attack, which experts say has been caused by a sudden hike in temperatures across the cotton belt during the last coup
Equities settled on the lower side after a directionless trading session on Monday. Topline Securities said the benchmark index of the Pakistan Stock Exchange oscillated within a small range of 496 points during the trading hours before settling in the red territory. Market sentiments were dull as investors opted to stay cautious throughout the day. However, energy sector stocks remained in
With a gap of less than six months, the caretaker government is again working on imposing prohibitive regulatory duties on a longer list of luxury and non-essential import items as part of a broader strategy aimed at curbing the rapid depletion of the country’s scarce foreign exchange reserves. Simultaneously, the administration is also actively working to revive regionally competitive gas and
One in every two Pakistanis has been a victim of a scam at least once while 21 per cent of the victims have been tricked multiple times. According to the 2023 Stay Secure Study released on Monday by global digital payments company Visa, nine of every 10 Pakistanis are likely to disregard the warning signs that suggest online criminal activity. Over-confidence is leaving consumers in Pakistan