Category: Business News

  • Rs500 old currency notes to become obsolete after 30th

    SLAMABAD: The State Bank of Pakistan (SBP) has again asked the public to exchange old currency notes of Rs500 with the new one because the former will become obsolete after September 30. The SBP also reminded all the banks including micro-finance banks (MFBs) operating in the country to facilitate general public in exchanging Rs500 old…

  • Oil falls below $85 in Asia

    Oil prices fell below $85 a barrel Thursday in Asia, extending losses from the previous session after the US central bank warned of major risks to economic growth. Benchmark oil for November delivery was down $1.35 at $84.57 at midday Singapore time in electronic trading on the New York Mercantile Exchange. Crude dropped $1.00 to…

  • LPG Prices Increases by OGRA Rs: 13

    LPG Prices increases by OGRA  Oil and GasRegulatory Authority – OGRA has increased the prices of LPG Rs.13 per KG and new notification issued on Tuesday, E Pakistan News Reported. Spokesman of LPG Marketing Association said the new rate would be applicable from Wednesday and as a result the price of the service would go up by Rs. 13…

  • Oil prices mixed as economic worries weigh

    SINGAPORE: Oil prices were mixed in Asian trade Tuesday as a downgrade by Standard & Poor’s of Italy’s sovereign debt rating added to market jitters, analysts said. New York’s main contract, WTI light sweet crude for October delivery, was down five cents to $85.65 a barrel in morning trade, and Brent North Sea crude for…

  • KESE announced 10 hours load shedding in Karachi

    Sui Southern Gas Company has give notice to KESC justification of suspension of Gas supply from the former. Ghafran Atta spokesperson of KESC talking to the media, he said SSGC has powerfully shouted down valves of the main pipeline used for gas supply to KESC. SSGC official’s gives statement, rejecting the allegation, and said that KESC has commenced a…

  • New Punjab Budget 2011 – 12 details

    New Punjab Budget 2011 – 12 Speech continue in Punjab Assembly. Kamran Michael Speech the Punjab Budget 2011 – 2012. Chief Minister Punjab Ordered to audit the all government offices. The expanse of Chief minister house  25 % decreased. Taxes increased on 1000 CC vehicles, Big Farm houses, and Swimming pools. Punjab government presented a…