November 30th, 2008 by The Online Reporter
The Oil and Gas Regulatory Authority (OGRA) has forwarded a summary to the Petroleum Ministry to reduce petrol price by Rs 8 per liter, diesel by Rs 5 per liter and the prices of other petroleum (POL) products by 5 percent. Sources told that new prices would be imposed from Monday (December 1st), adding that the ministry had amended the summary and sent it to the Finance Ministry for final approval. The ministry has suggested a reduction in petrol price by Rs 6 per liter, in diesel Read the rest of this entry »
October 25th, 2008 by The Online Reporter
Asif Ali Zardari addressed that “Governor State bank of Pakistan Dr. Shamshad Akhtar will be soon restored” during his meeting with a delegation of industrialists and businessmen. New governor will take charge on 15 November.
The meeting was attended by Board of Investment Chairman Saleem U. Mandviwala, Secretary Commerce Syed Asif Shah, Revenue Division Chairman Shahab Khawaja, Additional Finance Secretary Mohammad Ayub Tareen, S.M. Munir, Haji Masood, Khalid Tawab, Zahid Hussain, A. Haseeb Khan, Masood Naqi, Yahyha Polaki, Majid Aziz, Arshad Farooque, Fazal Jalil, Capt (retd) Moiz and Parwaiz Sohail.
October 17th, 2008 by The Online Reporter
Dollar has reached to 84 Rupees and broke all previous records in Pakistan, and on the other side Pakistani rupee became more weaker.
Dealers said the rupee was expected to remain under pressure in the short- to medium-term as there were no scheduled foreign inflows.
