Category Archives: Business
Pepco directs discos to lower industrial load by 15 percent
The Pakistan Electric Power Company (Pepco) has now directed the power distribution companies (discos) to lower industrial load by 15 percent after introducing five hours a day load shedding to the textile industry a day earlier, industries sources said. This … Continue reading
Bullion Rates
Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 16, 2009). ================================== In rupees per 10 gram ================================== KARACHI ———————————- Gold Tezabi 23742.00 Silver Tezabi 325.71 ———————————- MULTAN ———————————- Gold Tezabi-24 CT 23320.00 … Continue reading
Raja hints at increase in power tariff from July
Federal Minister for Water and Power, Raja Pervaiz Ashraf on Saturday hinted at increasing electricity tariff from new fiscal year but the poor segment of the society, he said, would be protected. Addressing a press conference here. The minister said … Continue reading
Govt to hire 1200MW of electricity
Pakistan will hire 1200 megawatt of electricity from the local and foreign organizations, as Pepco would soon be floating tender, which is being formulated. Senior reporter, Hanif Khalid here said that the local and foreign organizations would supply electricity on … Continue reading
Gold closes higher at Rs 19,571
Gold price has fallen by Rs 278 to close at Rs 19,157 per 10 grams in the local market on Saturday as its international price also dropped to $ 931 an ounce, market sources said. A leading bullion dealer said … Continue reading
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Inflation up by 17.03 percent
The SPI inflation surged by 17.03 percent in week ending March 20 over the same period of last year, according to Federal Bureau of Statistic on Saturday. The Statistic Division noted substantial increase in the prices of essential commodities during … Continue reading
Gold touches new peak at Rs 19,542 per 10 grams
Gold on Saturday surged to new record high of Rs 19542 per 10 grams at market closing, while per tola it reached Rs 22800, said traders. The yellow metal was now being traded at Rs 19542 per 10 grams at … Continue reading
Rice exports increased
The export of Basmati rice was increased by 23.95 % during the period under review however the export of other rice commodities was declined by 19.50 %, according to Federal Bureau of Statistics. The food export from Pakistan has shown … Continue reading
$2.4bn allocated to introduce modern transport system in Lahore
A sum of $ 2.4 billion would be spent for introducing new transport, light rail system in Lahore in collaboration with private sector in order to ensure latest facilities for people, Member Infrastructure Planning Commission of Pakistan Dr Asad Shah … Continue reading
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Tagged fast train, improving infrastucture, Lahore, transport system
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PTCL invests $50 million in submarine cable project
Pakistan Telecommunications Company Limited (PTCL), has made an investment of US$ 50 million in a submarine cable, as a part of a consortium that will put in place a high-capacity fibre-optic submarine cable, stretching from India to Italy and France … Continue reading
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Tagged fibre optic, I-ME-WE, invests, ptcl, submarine cable, terabits
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