ISLAMABAD: The Telecom Operators Association has demanded repeal of a provision in the Public Procurement Rules that allows government agencies to directly award contracts to state-owned entities, warning that the…
Monitoring Desk Oil prices rose more than 2% on Monday after US forces struck Iran’s Larak Island in the Strait of Hormuz, prompting retaliation from Tehran and raising fresh concerns…
Monitoring Desk ISLAMABAD: Pakistan’s oil import bill surged to $1.28 billion, equivalent to around Rs357.05 billion, in July as higher international oil prices pushed up the country’s import costs. The…
ISLAMABAD: The Power Division has invited international bids to rehabilitate Guddu 747 Power Plant’s damaged steam turbine, a project expected to restore an additional 297MW of capacity and reduce generation…
The judicial commission probing the Gul Plaza fire has fixed responsibility on multiple institutions and stakeholders, finding that the deadly tragedy resulted not from the fire alone but from prolonged…
ISLAMABAD: Prime Minister Shehbaz Sharif has ordered the immediate suspension and initiation of criminal proceedings against eight officials held responsible by an inquiry committee for the fire at the neonatal…
ISLAMABAD: The government has reduced the price of petrol by Rs0.58 per litre and High Speed Diesel by Rs0.17 per litre, with the revised prices applicable for three days from…
ISLAMABAD: The Power Division has apologised to electricity consumers as temporary load management of 1.5 to 3 hours was carried out during nighttime peak hours following RLNG non-availability, delayed LNG…
Petrol pump owners have approached Prime Minister Shehbaz Sharif, seeking replacement of the daily petroleum pricing mechanism with a monthly system, warning that frequent price revisions are causing inventory losses,…
The Privatisation Commission has extended the deadline for submission of Expressions of Interest for private sector participation in the privatisation of Islamabad Electric Supply Company Limited IESCO to September 21,…