Automobile sales increase 31% during fiscal year

ISLAMABAD: The sale of cars during first three quarters (July-March) of current fiscal year increased by 31 percent as compared to the period of last year. According to data released by Pakistan Automobile Manufacturing Association (PAMA), as many as 112,244

Pakistan’s exports to USA increase 11.86% in fiscal year

ISLAMABAD: Pakistan’s exports of goods and services to the United States of America (USA) witnessed a surge of 11.86 percent during the eight months of financial year (2020-21) compared to the corresponding period last year. The overall exports to USA

Smart lockdown imposed in Manghopir area of ​​Karachi

KARACHI: A smart lockdown has been implemented in the Manghopir area from today due to an increase in the coronavirus cases for 15 days. According to the notification, restaurants, pillion riding and public gatherings will be banned in the affected

Ogra suggests 2pc increase in diesel prices

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has estimated a 2% rise in diesel prices and a marginal decrease in the petrol rate for the month of February based on existing tax rates. A government official informed media reporters

WAPDA to file petitions for increase in tariff

ISLAMABAD: Under the newly introduced two-part tariff system, Wapda’s power distribution companies (Discos) have decided to file fresh petitions for an increase in tariff. Under the amended Nepra Act (Regulation of Electrical Power Generation, Transmission and Distribution Act), power companies

Pakistan’s foreign exchange reserves increase to $11.7bn

ISLAMABAD: Foreign reserves carried by the State Bank of Pakistan (SBP) improved by 146 million dollars to 11.73 billion dollars during the ending week of January. According to data released by the central bank, on the 17th of this month,

OGRA recommends one rupee hike in petrol price

ISLAMABAD: The prices of petrol and high-speed diesel are likely to rise in November 2019 due to fluctuations in global crude oil prices. The Oil and Gas Regulatory Authority (OGRA) recommended the government on Wednesday to increase prices of petrol

DRAP allows 7% increase in medicines’ prices

KARACHI: The Drug Regulatory Authority of Pakistan (DRAP) has allowed a seven percent increase in the prices of medicines per year. The drug manufacturing companies have increased by seven percent as per the notification issued by the DRAP. Common medications