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Govt likely to hike petroleum prices by up to Rs15 per litre

Govt likely to hike petroleum prices by up to Rs15 per litre

LAHORE  – International Monetary Fund (IMF) is reportedly pressing the federal government to hike prices of the petroleum products by up to Rs15 per litre, well-informed sources told Roznama Dunya.As per details garnered, the prices will be gradually hiked within span of three months.Sources further added that the delegation of IMF had expressed dissatisfaction over […]

Petroleum Division gears up to deal with likely gas crisis in Punjab

Petroleum Division gears up to deal with likely gas crisis in Punjab

ISLAMABAD: The Petroleum Division is set to table a plan before the Economic Coordination Committee (ECC) of the cabinet for giving direct subsidy to state-run Sui Northern Gas Pipelines Limited (SNGPL) on supply of imported gas to the consumers.The plan comes ahead of a gas crisis that is likely to hit over 50% of domestic consumers […]

Syrian opposition draws up ‘road map’ for constitution

Syrian opposition draws up ‘road map’ for constitution

ROME (AFP) – The Syrian opposition on Monday presented “road map” to peace, including steps to be taken ahead of an election and guidelines for a plan to write the country s post-war constitution.The document, drawn up by representatives of the opposition invited to Rome by the Catholic Sant Egidio community, will be presented to key players […]

Australia need ‘kick up backside’, says spin legend Warne

Australia need ‘kick up backside’, says spin legend Warne

SYDNEY= (AFP) – Shane Warne has dismissed Australia’s struggling Test side as “ordinary” and said they needed a “kick up the backside” after their series flop against Pakistan.Australia suffered a 373-run defeat against Pakistan in the second of the two-Test series last week after a familiar batting collapse, following a fightback to secure a draw […]

Dollar up by 15 paisa in interbank market

Dollar up by 15 paisa in interbank market

KARACHI – Dollar rate in interbank market on Tuesday has increased by 15 paisa after which its value reached Rs134.Dollar is fluctuating between Rs132 and Rs134 in open market.According to experts, this increase in the U.S. dollar value is alarming for the economic stability, therefore, the issue should be addressed on immediate basis.Since the oath […]

Toyota raises car prices by up to Rs350,000 from Jan 2019

Toyota raises car prices by up to Rs350,000 from Jan 2019

KARACHI: The Indus Motor Company (IMC), which had recently stopped car bookings, has made a massive increase in prices following the recent round of rupee devaluation.The company has raised prices ranging from Rs50,000 to Rs175,000 for November and December deliveries and Rs100,000 to Rs350,000 for deliveries from January 2019 onwards.Indus Motor announced that it will be observing […]

Shehbaz camp ‘not to give up’ reconciliatory narrative

Shehbaz camp ‘not to give up’ reconciliatory narrative

LAHORE: Despite Shehbaz Sharif’s arrest by the National Accountability Bureau (NAB), the Pakistan Muslim League-Nawaz’s (PML-N) camp under his influence would not change its narrative of reconciliation with the powers that be.Well-placed sources in the party said many party hawks thought that Shehbaz would change his reconciliatory approach and realise that his brother and former premier Nawaz […]

Indonesians step up search for quake victims to beat deadline as toll exceeds 2,000

Indonesians step up search for quake victims to beat deadline as toll exceeds 2,000

PALU, Indonesia (Reuters) – Rescue workers in Indonesia stepped up their search for victims of an earthquake and tsunami on Tuesday, hoping to find as many bodies as they can before this week’s deadline for their work to halt, as the official death toll rose to 2,010.The national disaster mitigation agency has called off the […]

Trump says next meeting with North Korea’s Kim being set up

Trump says next meeting with North Korea’s Kim being set up

WASHINGTON: US President Donald Trump said on Tuesday plans were being made for his second summit with North Korean leader Kim Jong Un and he thinks “incredible” progress has been made in US talks with the long-isolated country.“Well it is happening and we’re setting that up right now,” Trump told reporters at the White House after announcing […]

Weinstein hearing moved up in NY amid possible setbacks for prosecution

Weinstein hearing moved up in NY amid possible setbacks for prosecution

NEW YORK (AFP) – One year after the explosive claims of sexual misconduct against Harvey Weinstein first came to light, he may finally have some good news, with some of the charges against him reportedly being questioned.The next hearing in a New York court in his sex crimes case has been moved up from November […]

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