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OGRA Estimates New Gas Prices For Both Sui Companies in FY25

The Oil and Gas Regulatory Authority (OGRA) has announced the estimated revenue requirements and new gas prices for both Sui companies during fiscal year 2024-25.

Official documents seen by ProPakistani reveal that OGRA has proposed an average gas p…

Cement Prices Increase in Pakistan

The retail price of cement has been increased up to Rs. 30 per bag in Pakistan. According to JS Global, cement players in the Northern region have increased prices by up to Rs. 20-30/bag of late to reinstate earlier price levels.

Prices now range be…

PIA Shares to be Delisted From PSX This Week

Pakistan International Airlines Corporation Limited (PSX: PIAA) will officially close its books at the Pakistan Stock Exchange (PSX) on May 25, 2024.

This date has been set to determine the Class ‘A’ and Class ‘B’ shareholders of the company, a stoc…

FBR Can Collect Rs. 36 Trillion in Taxes: Defence Minister

Illegal and smuggled cigarettes cause an annual loss of over Rs 310 billion to Pakistan’s economy, a report by the National University of Science and Technology (NUST) said on Tuesday.

At the launch event of the report, Federal Minister of Defence K…

Govt to Present Federal Budget 2024-25 on 7 June

Finance Minister Muhammad Aurangzeb will present the 2024-25 federal budget in parliament on June 7, 2024.

The budget session will initially start on Thursday, June 6, before presenting it in full on Friday (the next day). After Aurangzeb’s budget p…

Power Generation Falls Again Despite Big Drop in Fuel Costs

Power generation in the country went down by 13.7 percent YoY to 8,639 gigawatts per hour (GWh) in April 2024, and down 2.4 percent YoY to 101.089 GWH in 10MFY24 compared to the same period last year.

On a month-on-month (MoM) basis, power generatio…

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