LAHORE: Minister for Planning and Development Ahsan Iqbal said on Saturday that the world is moving away from gasoline in transportation as the EV revolution has begun across the globe. “Around 80 per cent of petrol in Pakistan is spent on transport and “we are trying to move towards electric vehicles quickly,” the minister said […]
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KARACHI: The State Bank is widely expected to keep its policy interest rate unchanged at its monetary policy meeting on Monday (July 27), as policymakers are unlikely to alter the benchmark rate amid heightened uncertainty following the Gulf war. Economists, researchers and analysts are still assessing the war’s impact on Pakistan, but there is broad […]
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KARACHI: Unsettled receivables across gas and power sectors continue to severely strain the operational liquidity of the country’s main energy supplier, prompting fresh warnings about the stability of the national energy supply chain. Independent industry data shows that Sui Northern Gas Pipelines Limited (SNGPL) carries the largest burden of overdue liabilities, owing Rs536 billion as […]
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The government on Saturday kept the prices of petrol and high-speed diesel unchanged for July 26 and 27 due to the non-publication of “Platts prices on weekends”. A day earlier, the prices of petrol and high-speed diesel (HSD) were increased by Rs3.66 and Rs4.80 per litre, respectively. The current price of petrol stands at Rs335.18 […]
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