The reason given by SNGPL is that its deficit has risen to more than 50 per cent of the demand.
Some pressure was seen at the bourse as the benchmark KSE-100 index declined by 0.48 per cent to close at 24,878.68.
Consumers in Karachi are forced to pay higher prices for flour, amid a row between millers & the Sindh food minister.
The top court said that Ogra must assess the prices of petroleum keeping in view the international market.
Finance Ministry is meeting banks in Islamabad today to find ways for bringing back the rupee below Rs100 against US$.
Asian markets fell after an announcement from US Fed Res about a possible small cut in its stimulus programme next week.
ADB approved a $900m loan for a coal-fired generation unit which will add another 600MW of electricity to National Grid.
The PML-N govt is considering introducing a 3-year tax amnesty scheme with incentives to whiten black money through SRO.
Samsung is planning to use Tizen 3.0 operating system to feature a cloud service with its new smartphone in late 2014.
Thai PM's decision of dissolving Parliament increased tourism operators' hopes that the industry would receive a boost.
Pakistan will have to adopt ILO’s Better Work Programme at work-places to maintain its exports in the world market.
Pakistan stayed away from WTO meeting to express its resentment over a possible deal on subsidy on agriculture exports.
A 1pc increase in min. deposit rate on bank deposits since Sept 2013, may keep at least cautious savers glued to banks.
While controversy over sugarcane’s price remains unresolved so far, most sugar mills in Sindh have started operations.
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