A technician works on porcelain insulators on power transmission tower in Karachi. — Reuters/FilePrice cut applies to April-June 2025 adjustment.Consumers to receive Rs55.87bn relief in bills.Tariff cut valid from August to October 2025.ISLAMABAD: The National Electric…
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Open-bidding ceremony underway for PIA privatisation
Three bids received for national carrier in televised auction.Auction follows last year’s failed attempt due to low bid.PIA’s prospects improve with debt assumption, lifted bans.
The second open-bidding ceremony for the privatisation of Pakistan International Airlines is…
Govt cuts development budget by 10%, mulls smart lockdown to tackle fuel crisis
A representational image of calculator and planning sheet. — ReutersGovt provides subsidy to keep prices of petrol and diesel unchanged.Funds from Rs350bn for contingency measures being used to provide fuel subsidy.Funds of ministries and divisions cut down by Rs68 billion.<p…
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Petrol price expected to drop by Rs4.59 per litre from Jan 16
A worker holds a fuel nozzle to fills fuel in a car, after the government announced the increase of petrol and diesel prices, at petrol station in Karachi on September 16, 2023. — ReutersGlobal oil price dip pushes fuel price cut expectations.High-speed diesel price likely to fall by…