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Govt makes questionable appointment of NBP’s President
Special Report The PTI government has made the questionable appointment of the National Bank of Pakistan (NBP) president. The latest surfaced to this one is the…
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Jazz deposits Rs 5 billion Tax to FBR
Our Correspondent Jazz Pakistan, a telecom company, has deposited Rs 5 billion tax to the Federal Board of Revenue (FBR). It deposited the amount in the…
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Govt likely to allow 11% return to oil refineries
Aftab Ahmed The government is likely to allow a guaranteed rate of 11 percent return for oil refineries in the new proposed refining policy. At present,…
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Cabinet removes CCP Member from Parco
Aftab Ahmed The Cabinet has finally removed the Member Competition Commission of Pakistan (CCP), Ms. Bushra Naz, from the board of directors Pak-Arab Refinery Limited (PARCO).…
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Govt to conduct Forensic Audit of dry wells
The petroleum division directed to establish a team of experts and professionals to conduct Forensic Audits of shut-in wells. The team will comprise the public sector…
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PD presses CCI to extend favors to polish firm
Aftab Ahmed The Petroleum Division has proposed the Council of Common Interests (CCI) to amend Petroleum Policy 2012 to favor a Polish energy firm. Polish oil…
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Cabinet approves establishment of Telecom Tribunal
Aftab Ahmed The Cabinet has approved the Telecom Appellate Tribunal’s establishment to settle disputes in the telecom sector. The Information Technology and Telecommunication Division informed that…
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Govt approves Rolling Spectrum Strategy
Our Correspondent The federal government has approved a three-year “Rolling Spectrum Strategy 2020-2023 to ensure faster telecom network speed. Moreover, this is the main goal of…
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ECC forms a body to settle Rs 1.6 trillion debt
Our Correspondent The Economic Coordination Committee (ECC) on Wednesday formed a committee to settle Rs 1.6 trillion debt in the oil and gas sectors. Adviser to…
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PIBTL crosses 1 million tons coal handling
With handling above 1 million tons in Oct’20, rupee appreciation is also a blessing in disguise for PIBTL. Our Correspondent The PIBTL has handled 1.05 million…