Daily The Patriot

Business

Low fuel reserves: risk of petrol and diesel crisis in the country.

Low fuel reserves
Karachi: A risk of a petrol and diesel crisis has emerged due to dwindling fuel stocks in the country.The Oil Companies Advisory Council (OCAC) has sent an urgent letter to the Federal Minister for Petroleum and the Chairman of OGRA, warning that the proc…
Gold prices drop sharply; cheaper in global and local markets
Karachi: Gold prices recorded a decline for the fourth consecutive day in the global and local markets today.As the price of gold per ounce in the international bullion market fell by another $47 to $4,078 on Wednesday, the price of gold per tola in the l…
Italy to lend Rs 6.3 billion to Pakistan, agreement signed
Islamabad: A concessional loan agreement of 20 million euros (Rs 6.3 billion) has been signed between Pakistan and Italy.According to Secretary of the Ministry of Economic Affairs Muhammad Hamir Karim and Italian Ambassador Marilena Armelin signed the ag…
KPT sets new cargo handling record in 138-year history
Karachi Port Trust has set a new record for cargo handling in its 138-year history. Federal Minister for Maritime Affairs Junaid Anwar Chaudhry said that KPT has surpassed the previous record of 54.685 million tons of cargo handling, the new record for…
FBR Chairman assures reduction in taxes on imported mobile phones
ISLAMABAD: Chairman FBR Rashid Mahmood Langrial assured the National Assembly Standing Committee on Finance of a 20 percent reduction in regulatory duty imposed on imported mobile phones. According to Express News, a meeting of the National Assembly St…
Gold prices drop sharply; cheaper in global and local markets
Karachi: Gold prices recorded a decline for the fourth consecutive day in the global and local markets today.As the price of gold per ounce in the international bullion market fell by another $47 to $4,078 on Wednesday, the price of gold per tola in the l…
Italy to lend Rs 6.3 billion to Pakistan, agreement signed
Islamabad: A concessional loan agreement of 20 million euros (Rs 6.3 billion) has been signed between Pakistan and Italy.According to Secretary of the Ministry of Economic Affairs Muhammad Hamir Karim and Italian Ambassador Marilena Armelin signed the ag…
KPT sets new cargo handling record in 138-year history
Karachi Port Trust has set a new record for cargo handling in its 138-year history. Federal Minister for Maritime Affairs Junaid Anwar Chaudhry said that KPT has surpassed the previous record of 54.685 million tons of cargo handling, the new record for…

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