KARACHI According to tv report Mari Petroleum’s MI-8 helicopter has been crashed in North Waziristan. Six died and eight injured as a result of the helicopter crash.The injured had been shifted to CMH Thal via helicopter.As per reports, the helicopter was carrying 14 passengers including 3 Russian pilots and crew.As per Mari Petroleum spokesperson, the helicopter exploded during flight in…
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ISLAMABAD: The federal government is likely to maintain the current petrol price while reducing the ex-depot price of high-speed diesel (HSD) starting October 1, 2024. With no changes anticipated in the petroleum levy (PL) or general sales tax (GST), petrol prices are expected to stay at Rs 249.10 per litre. In contrast, HSD prices could decrease by Rs 2.11 per…
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BEIJING: Pakistan’s demand for solar photovoltaics (PV) is skyrocketing as the country faces chronic power shortages and the aftermath of frequent floods. In August 2024 alone, China’s inverter exports to Pakistan reached 326 million yuan, a remarkable 429.04% year-on-year increase, according to the China Photovoltaic Industry Association (CPIA). Pakistan has emerged as the second-largest overseas market for Chinese PV modules,…
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The International Monetary Fund (IMF) has emphasized the importance of sustained implementation of Pakistan’s $7 billion Extended Fund Facility (EFF) and broadening the tax base for long-term economic stability. Following the IMF’s disbursement of a $1 billion tranche, the board stressed that Pakistan must continue reforms, particularly in tax administration, fiscal management, and the energy sector. The IMF urged Pakistan…
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KARACHI: Chief of Army Staff (COAS) General Asim Munir has assured Karachi’s business community of efforts to reduce industrial electricity tariffs and repair roads in key trading areas. During his visit to the city, he emphasized that the economy is gradually improving and acknowledged the role of entrepreneurs in this recovery. Meeting with businesspersons, General Munir expressed optimism about Pakistan’s…
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