Govt mulls proposals to end load shedding

Business News

Federal Minister for Water and Power Naveed Qamar Friday said government is going through different proposals for bringing the power load shedding to zero in future. Talking to the media

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Number of Chinese billionaires on the rise

Business News

Publisher of luxury magazines and runner of a research institute — Forbes crowned machinery tycoon Liang Wengen as the nation s richest man. “Even though the stock market is going

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Nepra announces higher tariff for wind power

Business News

ISLAMABAD: The National Electric Power Regulatory Authority announced on Thursday an enhanced upfront levelised tariff of 14.66 cents per unit for wind power projects. The tariff will apply to wind

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Euro falls down after Italy debt rating

Business News

The euro came under pressure in Asia Wednesday after Moody’s downgraded Italy’s debt rating, fuelling worries over eurozone debt and the impact of a possible Greek default on the global economy.

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Plan to raise power tariff put on hold

Business News

ISLAMABAD: The federal government seems to have shelved a plan proposed by a cabinet committee on energy to raise electricity tariff by 12-16 per cent so as not to give

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CNG price hike upto Rs 6.30/kg likely

Business News

ISLAMABAD: After an incessant hike in petrol price by Rs 4.15 per litre hitting the nation in the wee hours on Friday, the federal government is likely to raise Compressed

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