Inflated Bill MULTAN/ISLAMABAD: An Inflated bill took an ugly turn on Monday when a mother of four committed suicide. The mother of four kids belonged to a poor family that …
energy crisis
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National
LNG overtakes oil as the most expensive fuel for power generation
by Umar Sohailby Umar SohailISLAMABAD: The government officially recognized that imported liquefied natural gas (LNG) has become the country’s most expensive fuel for power generation. The multibillion-dollar LNG infrastructure, which was initially established nearly …
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Latest Updates
Cabinet approves power tariff rise, ends subsidies Today
by Hamza Irshadby Hamza IrshadCabinet approves power tariff rise and end subsidies ahead of virtual IMF negotiations with IMF.
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Economy
K-Electric signs MoU with Chinese firm to collaborate on renewable energy
by Umar Sohailby Umar SohailK-Electric and China Three Gorges South Asia Investment Limited (CTGSAIL) inked a Memorandum of Understanding (MoU) on Monday to collaborate on researching renewable energy projects, notably hydro projects, across the …
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EconomyLatest UpdatesNational
Uniform Gas and Electricity Rates proposed
by Hamza Irshadby Hamza IrshadISLAMABAD: The government indicates hiking gas prices to the extent of full cost recovery in a bid to shift consumers dependence on to electricity for heating space and water during …
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Economy
Prime minister Shehbaz urges IMF chief to soften conditions for Pakistan
by Hamza Irshadby Hamza IrshadISLAMABAD: Prime Minister Shehbaz Sharif has urged the Managing Director of the IMF Kristalina Georgieva to soften IMF’s conditions for Pakistan due to post-flood problems, high energy prices and record …
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Latest Updates
PTI announces nationwide protests from Friday against energy, economic crisis & inflation
by Hamza Irshadby Hamza IrshadLAHORE/ISLAMABAD: The Pakistan Tehrkeek-e-Insaf has decided to start nationwide protests from Friday against energy, economic crisis, and record inflation. PTI leader Fawad Chaudhary said, “”From Friday (Dec 30), country-wide protests …
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International
Warm banks in UK saving poor people from freezing temperature
by Hamza Irshadby Hamza IrshadAccording to the Warm Welcome Campaign, there are more than 3,630 of these places and the number is growing every day.
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EconomyLatest Updates
EU fails to announce gas price cap as Germany opposes it
by Umar Sohailby Umar SohailEuropean Union failed to evolve an agreement about gas price cap to protect their citizens from surging energy prices. Despite 11 hours discussions at a summit in Brussels, the European …
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EconomyExclusiveLatest Updates
Euro nosedives further against US dollar, falls to 0.97-$ due to deepening energy crisis
by Umar Sohailby Umar SohailISLAMABAD: The euro to a dollar exchange rate further nosedived on Monday morning and fell to 0.97 to a dollar in the open market trading. The European currency has fallen …