PPP Chairman Bilawal Bhutto Zardari and PML-N President Shehbaz Sharif have rejected the budget 2020-21 recently presented by the federal government and decided to call an all-party conference (APC) next week taking into account the evolving political situation in the country. The PPP scion telephoned the opposition leader in the National Assembly and inquired after his health, two weeks after…
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Help others instead of calling them ‘psycho’ or ‘crazy’: Saba Qamar
With just four episodes released, actor Saba Qamar’s YouTube channel is proving itself to be the perfect balance between art and awareness. After tackling issues such as misogyny and gossip-mongering in media, the Hindi Medium star has set her sights on mental health. Unlike the previous episodes where Qamar used satire to relay her point, in the latest episode she adopts a…
Read MoreGovt bars 262 pilots from flying
Aviation Minister Ghulam Sarwar on Friday announced that 262 pilots would be barred from flying because their credentials were “dubious”. The pilots in the line of fire include 141 from Pakistan International Airlines (PIA), 10 from Serene Airline and nine from Air Blue. The rest belong to flying clubs or chartered plane services. The issue of pilots possessing suspicious licences…
Read MoreKarachi’s load shedding situation to improve in 48 hours, assures KE
K-Electric Chief Executive Officer (CEO) Moonis Alvi has said that the ongoing electricity crisis in Karachi, will ease down in 48 hours. Talking to media CEO KE Alvi said that the authorities have assured him that KE will be provided furnace oil from some Independent Power Producers (IPP) and the situation will normalize. “From the start of June, we were…
Read MoreChina’s Oil Imports From Saudi Arabia Jump To Record High
As China imported its highest-ever volume of crude oil in May, its imports from the world’s top oil exporter, Saudi Arabia, nearly doubled to the highest on record after fuel demand in the world’s top oil importer recovered and refiners purchased crude at bargain prices in April. Chinese imports of crude oil from OPEC’s largest producer, Saudi Arabia, surged by…
Read MoreRecord increase in petroleum prices approved by govt
KARACHI: In a bombshell development, Federal government increased petrol price by Rs25.58 after decreasing it a short while back resulting in a countrywide scarcity, ARY News reported. According to a notification issued by the government on the matter, new price for a litre of petrol is now Rs100.10. Read More: Won’t tolerate petroleum shortage at any cost: PM Imran High…
Read MoreRs11.97 per unit flat tariff for winter season approved
ISLAMABAD: The Economic Coordination Committee (ECC) that met here on Wednesday with Dr Hafeez Sheikh in the chair approved flat tariff regime at Rs11.97 per unit for electricity consumers of domestic, commercial and industrial sectors using ToD (Time of Day) meters for four months of winter season to be effective from November 1, 2019 to end February 2020. It is…
Read MoreOil Market Optimism Is Entirely Misplaced
Optimism is supposedly back in oil markets, with the Global Research team at Bank of America lifting its oil price forecast for this year and next as demand recovers from coronavirus-linked shutdowns, the OPEC+ output cut deal curtails supply, and producers slash capital expenditure. The bank now sees Brent crude oil averaging $43.70 per barrel in 2020, up from a…
Read MorePakistan aims to generate 30% clean energy by 2030
KARACHI: Pakistan aims to generate 30% of its electricity from renewable energy sources by 2030 such as wind, solar, biomass and small-scale hydro. This will complement the 27% of current electricity supply coming from large-scale hydro. To this effect the 271 GE Renewable Energy wind turbines spreading over nine plants have a combined generating capacity of 450 megawatts (MW) –…
Read MoreK-Electric Board Expresses Concern About Power Situation On Account Of Fuel Shortage
In the K-Electric Board Meeting held on June 25, the Board expressed serious concerns about the inconvenience suffered by KE’s valued customers due to frequent power outages resulting from KE’s inability to procure adequate fuel stock. The meeting was chaired by Mr. Riyadh S. A. A. Edrees, with other Board members and KE’s Management in attendance. Amongst other matters, the…
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