June 2023 - Page 23 of 46

Agritech to Resume Urea Production as SNGPL Restores Gas Supplies

Posted June 16, 2023 by Web Desk

Agritech Limited’s urea plant resumed its start-up activity on Friday and will commence its operations accordingly.In a notice to the Pakistan Stock Exchange (PSX), the company said that gas supplies to its urea plant, which had been discontinued due to delays in LNG cargoes berthing caused by Cyclone Biparjoy have…

Very Severe Cyclonic Storm over northeast Arabian Sea makes landfall in Indian Gujarat

Posted June 16, 2023 by Web Desk

The Very Severe Cyclonic Storm "BIPARJOY" over northeast Arabian Sea after landfall at the Indian Gujarat coast near Jakhau port has weakened into a Severe Cyclonic Storm now it lies at a distance of 200 km east-southeast of Keti Bandar, 180 km southeast of Thatta and 270 km east of…

‘BIPARJOY’ weakens into Cyclonic Storm with sustained surface winds of 80-100 Kph

Posted June 16, 2023 by Web Desk

The Severe Cyclonic Storm "BIPARJOY" has weakened into a Cyclonic Storm with sustained surface winds of 80-100 Kilometers per hour.According to National disaster Management Authority, the system is forecasted to further weaken into a Depression state by Friday evening. However, major impact of landfall on the Indian side is observed.…

Is It Finally Time to Reignite Historic Pakistan-India Rivarly in Test Cricket?

Posted June 16, 2023 by Web Desk

In the cricketing world, few rivalries can match the intensity and passion on display when Pakistan and India come face to face on the field, regardless of the format.The anticipation, emotions, and historical context surrounding these clashes make them a spectacle like no other, which explains the hype witnessed in…

Haier Introduces Pakistan’s Largest Refrigerators with Twin Inverter+Technology

Posted June 16, 2023 by Web Desk

Haier, being a leading appliances brand, aims to create better living opportunities for people through inspired living.To play a sustainable role in society, Haier has introduced Pakistan’s largest refrigerators with Twin Inverter technology. Time and time again, Haier proves that it is the only brand that addresses the needs of…

Weekly Inflation Finally Dips Below 35%

Posted June 16, 2023 by Web Desk

Weekly inflation dipped below 35 percent on a year-on-year (YoY) basis for the week ended on June 15, 2023, showed data released by the Pakistan Bureau of Statistics (PSB) on Friday.The year-on-year trend depicts an increase of 34.96 percent, the major increase was seen in the prices of Cigarettes (124.38…

Hitachi Energy wins order for first subsea electricity interconnection between France and Spain

Posted June 15, 2023 by Web Desk

HVDC link improves the security and quality of power in the region, advancing the integration of emission-free energy Zurich, Switzerland, June 15, 2023 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it won an order from Electricity Interconnection…

Pakistan and Russia Sign MoU on Exchange of Statistical Data between Customs

Posted June 15, 2023 by Web Desk

Pakistan and Russia have signed a Memorandum of Understanding (MoU) between Pakistan Customs and The Federal Customs Service (Russian Federation) on the Exchange of Statistical Data on Mutual Trade, at the sidelines of the Saint Petersburg International Economic Forum today.Pakistan’s Ambassador to the Russian Federation Shafqat Ali Khan signed the…

Price of Petrol to Remain Unchanged Till June 30

Posted June 15, 2023 by Web Desk

The federal government has decided to keep the prices of both petrol and high-speed diesel (HSD) unchanged till June 30.The decision regarding the prices was announced by Finance Minister Ishaq Dar in a televised address. The prices of petrol and HSD will continue to be Rs. 262 per liter and…

Price of Gold in Pakistan Rebounds After Multiple Decreases

Posted June 15, 2023 by Web Desk

The price of gold increased for the first time during the current week on Thursday to close at Rs. 220,700 per tola.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) increased by Rs. 1,700 per tola to Rs. 220,700 while…

PM visits historical buildings, museum in Baku

Posted June 15, 2023 by Web Desk

Prime Minister Shehbaz Sharif visited Ichari, ancient part of Baku on Thursday.He toured different historical buildings and museum in the old city.In the Ichari city, he visited the old Multan caravan Serai where the trade caravans travelling on the old Silk Road resided.The Prime Minister was shown the artifacts on…

Privatization Commission Board Approves Rs. 1.2 Billion Budget for FY24

Posted June 15, 2023 by Web Desk

The Privatization Commission (PC) Board on Thursday approved Rs. 1,248.8 million budget of the PC for the fiscal year 2023-24 (FY24).According to a press statement, the Privatization Commission (PC) convened its latest Board meeting under the Chairmanship of Abid Hussain Bhayo. The meeting, attended by the Federal Secretary, Board members,…