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Govt to privatize 31 state-run units including PIA, Pakistan Steel Mills

ISLAMABAD: Pakistan International Airlines (PIA) and Pakistan Steel Mills are among 31 public sector enterprises (PSEs), whose 26 percent shares will be privatized, the...

Notification of increase in power tariffs withdrawn; Govt denies

ISLAMABAD: The federal government on Wednesday denied media reports that it had withdrawn its notification regarding the increase in power tariffs. Earlier, various TV channels...

Obama blames Republicans for Shutdown

WASHINGTON: US President Barack Obama accused the Republicans for triggering the first government shutdown in 17 years, and warned that it could have disastrous...

Federal govt submits notification of electricity tariff hike in SC

ISLAMABAD: The federal government on Tuesday submitted the notification for the recent hike in the electricity tariff in the Supreme Court of Pakistan, hours...

LHC moved against hikes in petroleum products’ prices

LAHORE: A petition was filed in the Lahore High Court on Tuesday, challenging the latest price hikes in petroleum products. The petitioner said that the...

US shutdown: Over 700,000 govt workers face unpaid leave, army to continue to be paid

WASHINGTON: US President Barack Obama signed a law late Monday night to make it sure that the US military personnel will continue to be...

Partial economic shutdown in US as budget deadline passes despite an appeal by Obama

WASHINGTON: A partial economic shutdown has begun in the United States after the Senate refused to approve the budget for next year. A midnight deadline...

PM Nawaz gives relief of Rs 2 per litre on new prices of petrol, diesel

ISLAMABAD: Prime Minister Nawaz Sharif has decided to a give a relief of two rupees per litter in the prices of Petrol and High...

Electricity tariff increased by Rs 5.89 per unit

ISLAMABAD: The federal government on Monday notified Rs 5.89 per unit increase in electricity tariff for domestic consumers using power from 201 to 300...

Price of petroleum products may go up

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) recommended to the government on Friday to increase the price of petroleum products. According to the summary...

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