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1. Revenue collection up 27pc in Feb
(Highlights/Business News)
ISLAMABAD: Revenue collection rose by 27 per cent year-on-year to Rs181.906 billion in February, backed up by regulatory duties on several hundred items and hike in sales tax on petroleum products. ...
Saturday, 28 February 2015
2. KP budget for 2014-15 set at Rs404.80 bn
(Highlights/Business News)
...  expected to receive Rs27.292 billion as charges incurred in the war against terror. The province is to generate Rs29.260 billion from royalty on gas and petroleum produced in the southern areas showin ...
Monday, 16 June 2014
3. UBL stake sale yields $387m
(Highlights/Business News)
Monday, 16 June 2014
4. No hike in petroleum prices, orders PM
(Highlights/Business News)
ISLAMABAD: The federal government, after getting approval from Prime Minister Nawaz Sharif, has rejected the suggested increase in the prices of petroleum products. The decision was taken Saturday ...
Monday, 02 June 2014
5. LSM grows 2.5pc
(Highlights/Business News)
... like petroleum products, grew 11.36pc, paper and board 14.45pc, pharmaceuticals 2.45pc, electronics 4.47pc, leather products 15.59pc, non-metallic mineral products 0.20pc, engineering products 19.59pc ...
Tuesday, 18 March 2014
Tuesday, 18 March 2014
KARACHI: Rising strength of the rupee against the dollar has enlivened hopes for price drop in various imported commodities by at least five to 10 per cent besides cut in various petroleum products ...
Wednesday, 12 March 2014
ISLAMABAD: The present reserves of natural gas in the country are sufficient for only 16 years. This information was placed before the National Assembly by Federal Minister for Petroleum and Natural ...
Thursday, 06 March 2014
9.
(Highlights/Business News)
...  far, the leap in Iraqi shipments has yet to weigh on oil prices and is being welcomed by other members of the Organization of the Petroleum Exporting Countries (Opec), as it is making up for o ...
Thursday, 06 March 2014
10. Ogra recommends cut in oil prices
(Highlights/Business News)
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Thursday recommended up to Rs2.72 per litre reduction in prices of petroleum products in view of declining prices in the international ...
Friday, 28 February 2014
11. GDP grows 5pc in first quarter: SBP
(Highlights/Business News)
... aw materials. The import of petroleum, machinery, and metal was particularly strong, which increased the trade deficit by $0.6 billion during first quarter of the FY14 over the corresponding per ...
Friday, 28 February 2014
12. Repatriation of dollars exceeds inflows
(Highlights/Business News)
...  stood at $89m while net inflow was negative $4.5m which means this amount was withdrawn. Petroleum refining also witnessed a net withdrawal of $8.8m while outflow as payment on foreign investment wa ...
Monday, 27 January 2014
13. July-Dec trade deficit shrinks
(Highlights/Business News)
...  imports fell mainly because of petroleum products. Last year, annual trade deficit was $20.432bn as against $21.288bn over the previous year, reflecting a decline of 4.02pc. State Minister for Commerc ...
Thursday, 16 January 2014
14. SBP projects economic growth rate of 3-4pc
(Highlights/Business News)
... instead of the Ministry of Petroleum and Natural Resources (which allocates gas) and the Ministry of Water and Power (which has shifted power generation to furnace oil, as it was unable to secure  ...
Thursday, 16 January 2014
15. Rs69bn gap in July-Dec revenue.
(Highlights/Business News)
...  collection in July-December as against a collection of Rs888.975bn during the same period last year. This rise is because of rising petroleum products prices and other factors. The government ha ...
Thursday, 09 January 2014
16. Bull run continues on stock market
(Highlights/Business News)
...  Reports of ECC having discussed the proposal of Petroleum Ministry on sale of gas to Engro Fertiliser, kept Engro Corporation stock volatile for the day. Initially interest was seen in the share, though ...
Thursday, 09 January 2014
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet allowed on Wednesday import of petroleum coke (pet coke) from India for cement industry by road and took a notice of an increase ...
Thursday, 09 January 2014
18. Poor planning leads to hike in fuel prices
(Highlights/Business News)
... market but this is not the only factor determining the consumer (retail) price of petroleum products in the domestic market. The last six months of the current fiscal year witnessed more than 12 per ...
Monday, 06 January 2014
19. Fertiliser prices on the rise
(Highlights/Business News)
Rising uncertainty surrounding the cost, and uninterrupted supply, of gas seems to have cast a cloud over the fertiliser industry as it starts 2014. Only last week, the government revived an increase ...
Monday, 06 January 2014
20. Prices of petrol, diesel may rise
(Highlights/Business News)
ISLAMABAD: Prices of major petroleum products like petrol and diesel are expected to increase by up to 2.6 per cent on Tuesday night. The Oil and Gas Regulatory Authority (Ogra) sent a working ...
Tuesday, 31 December 2013
21. Large-scale sector expands 5.7pc
(Highlights/Business News)
... positive growth in LSM in July-Oct 2013 was from textile 2.22pc, food and beverages 6.48pc, petroleum products 10.37pc, paper and board 17.26pc, electronics 21.20pc, iron and steel products 7.36pc, ...
Saturday, 28 December 2013
22. Hybrid cars to cost kitty over $5m
(Highlights/Business News)
Saturday, 28 December 2013
23. Gas tariff hike next month on IMF demand
(Highlights/Business News)
... confirmed by Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi at a news conference on Thursday where he also dashed hopes of progress on the Iran-Pakistan gas pipeline in the immediate ...
Friday, 13 December 2013
24.
(Highlights/Business News)
... compared with Rs57.94bn in the same period last year. This is in addition to an estimated similar amount collected through general sales tax on the sale of natural gas and petroleum products, making ...
Monday, 25 November 2013
25.
(Highlights/Business News)
... ajor industries like textile, food, petroleum, cement, fertiliser, chemicals and electronics has led to capacity expansion here and there in the recent past. Improved electricity supply ...
Monday, 25 November 2013
... this month which would ease pressure on retail prices, adding that a stopgap arrangement was required to provide relief to the consumers. An official said the petroleum ministry had requested the ECC ...
Wednesday, 13 November 2013
...  Iran would bring an economic disaster in Pakistan as the gas sold will likely be several times more expensive than the domestic gas currently used. Early in October, Pakistani Petroleum and  ...
Thursday, 31 October 2013
...  Similarly, the SSGCL will totally earn income worth Rs158.75billion against the estimated expenditure of Rs172.92billion while it will require Rs278million worth subsidy for Liquefied Petroleum Gas ...
Thursday, 31 October 2013
29. Stocks fall 76 points on profit taking
(Highlights/Business News)
... n Tuesday with most of the liquid companies coming up with improved earnings. Nishat Mills; Bank of Punjab; Pakistan Petroleum all showed up healthy bottom line, yet they failed to boost sentiment ...
Wednesday, 30 October 2013
30.
(Highlights/Business News)
ISLAMABAD: The CNG sector has reacted sharply to a statement by Petroleum Minister Shahid Khaqan Abbasi that gas will not be available to any sector in Punjab in coming winter months. Talking ...
Wednesday, 30 October 2013

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