Karachi – Pakistan Petroleum Limited (PPL), the operator of Kandhkot Development and Production Lease (D&PL) has made an unconventional gas discovery from Lower Alabaster Formation at its exploratory well LAL X-1 located in District Kashmore, Sindh. This is the first discovery from exploration target Lower Alabaster Formation in Kandhkot D&PL by PPL as an operator…
Islamabad: The Capital Development Authority (CDA) on Wednesday sold commercial and residential plots of various categories worth Rs17.002 billion. These plots were sold during its three-day auction. On the final day of the auction, CDA sold Plot No. 514 in Sector G-10/2 at Rs93.33 million and Plot No. 516 Rs92.62 million. It sold Plot No….
The KSE-100 Index closed the session at 170,830 points, declining by 243 points as persistent volatility and cautious investor sentiment weighed on the market. Intraday trading saw the index fluctuate between a high of 171,587 and a low of 170,641. Meanwhile, PIAHCLA touched near the lower cap today after investors realized that the listed PIAA…
Islamabad: The national assembly standing committee on Energy (Power Division) has expressed its concern on non payment of electricity bills by irrigation and power departments of government of Sindh causing loss to the Power Distribution companies in Sindh. The Committee asked CEOs of Sukkur Electricity Supply Company and Hyderabad Electricity Supply Company and Secretaries of…
The Pakistani rupee on Wednesday posted a marginal gain against the US dollar in the inter-bank market and closed at 280.20. It registered a gain of Rs0.01 against the US dollar.The Pakistani rupee had closed at 280.21.Pakistani Rupee Gains Again
The cabinet committee on energy (CCOE) on Wednesday approved guidelines for wheeling auctions of 800 Megawatt (MW) aimed at opening electricity market. Prime Minister Shahbaz Sharif chaired the CCoE. The power division has prepared guidelines to allocate 800 MW quantum through competitive bidding. The mechanism will remain in effect for a period of 5 years….
Refineries have expressed concern over non serious attitude of Ogra over a decision of upliftment of diesel. This is with reference to the Product Review Meeting (PRM) held on December 22, 2025. They said in a joint letter to Ogra chairman said that at the outset, we wish to express our serious concerns regarding the…
2025 Kaspersky Security Bulletin provides a review of the major cybersecurity trends of the year and offers a look towards the future of cybersecurity, focusing on the financial sector in its first part. According to the report, in 2025, the financial sector navigated a rapidly evolving cyber landscape, with malware spreading through messaging apps, AI-assisted…
Gold prices in Pakistan made another record by touching highest marks in history and increased by Rs 2000 per tola. Gold touched highest mark of price to Rs 472862 per tola.
The local bourse experienced a choppy, range-bound session as rollover-week adjustments kept sentiment cautious. The benchmark index swung between an intraday high of 663 points and a low of 235 points before closing at 171,073, down 130 points or 0.08%. Read More: Arif Habib Consortium Buys 75% PIA stake for Rs135bn Activity remained selective amid…