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Gas price hike notified | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s gas and power regulators on Wednesday jacked up the prices of the two significant necessities, making life further difficult for the inflation-hit people of the country. The Oil and Gas Regulatory Authority (Ogra) notified a substantial increase…
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Power tariff hike of 54 paisa per unit sought | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday grilled the Central Power Purchasing Agency-Guarantee (CPPA-G) for expensive electricity generation while ignoring cheaper, local coal-based production, which put an additional burden on consumers. At a public hearing, the…
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Caretaker govt okays huge gas price hike
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[ad_1] A flame burns on a gas stove. — AFP/File ISLAMABAD: The caretaker government on Monday approved a massive increase in gas prices to add to the woes of inflation-hit masses who have been battling with soaring utility bills. The…
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FPCCI urges govt to halt gas tariff hike | The Express Tribune
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[ad_1] KARACHI: The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Irfan Iqbal Sheikh, has issued a passionate plea for immediate intervention from the Special Investment Facilitation Council (SIFC) apex committee to prevent the impending surge…
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Oil prices hike amid Israel-Hamas war, fueling supply fears
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[ad_1] A plume of smoke rises above buildings in Gaza City on October 7, 2023, during an Israeli air strike. — AFP After Hamas carried out a surprise strike on Israel over the weekend, raising fresh concerns about tensions in…
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NEPRA okays Rs1.71 per unit hike in power tariff | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved an increase in the price of electricity by Rs1.71 per unit on account of Fuel Cost Adjustment (FCA) for the month of August 2023 and issued a notification in this regard….
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Nepra approves Rs3.28/unit hike | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has granted approval for an increase in electricity rates of up to Rs3.28 per unit, leading to an additional burden of Rs135.5 billion on power consumers. This increase comes as part…
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AI-led productivity hike should result in reduced workweeks, says Bernie Sanders
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[ad_1] Senator Bernie Sanders speaks to members of the United Auto Workers (UAW) union during a rally in Detroit, Michigan, on Friday.—AFP Bernie Sanders, the liberal US senator, has called for a discussion on substantially reducing the workweek in response…
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Petrol price jumps to over Rs330 in massive hike | The Express Tribune
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[ad_1] In another massive hike after the interim set up took over the reign, the government on Friday increased the price of petrol by Rs26.02 per litre while the tariff of high-speed diesel (HSD) was hiked by Rs17.34 per litre. “Owing to…
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Analysts anticipate hike of 150bps in key rate | The Express Tribune
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[ad_1] KARACHI: Pakistan’s central bank is expected to hike rates when it meets to decide on policy on Thursday as it seeks to tackle sky-high inflation and bolster diminished foreign exchange reserves that have sent the rupee to record lows….
