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CNG prices hiked after increase in GST

Source: GEO News | 14-06-2013

ISLAMABAD: Following increase in General Sales Tax (GST) in federal budget, CNG prices have also been raised in Khyber Pakhtunkhwa, Potohar region and Balochistan, Geo News reported.

According to notification issued by the Oil and Gas Regulatory Authority (OGRA), CNG price in Region-I has been increased by Rs0.46 and by Rs0.39 in Region-II.

With this hike, CNG will be available at Rs74.90 per kg in Khyber Pakhtunkhwa, Potohar region and Balochistan.

In Region-II that included Sindh and Punjab, new CNG prices will be Rs66.18 per kg.

$700m under CSF by Jan 10

Source: The Nation | 28-12-2012

Pakistan is expecting to receive much-needed $700 million from United States under the head of Coalition Support Fund (CSF) for its fight against militants by January 10 that would help the financial beleaguered government to bridge the budget deficit and to build the depleting foreign exchange reserves of the country at some extent. “Paki..... Read more

Corporate results: Bank Alfalah earnings rise, but outlook remains uncertain

Source: Tribune | 05-03-2013

Bank Alfalah’s profit growth continued to impress, with the country’s sixth-largest bank announcing a 30% increase in profits for calendar year 2012; a feat made all the more remarkable by the fact that it had more than tripled its bottom-line in the preceding year. The bank’s net income for 2012 was Rs4.6 billion, compared to Rs3.5 bill..... Read more

Prices of petroleum products: Govt wants bigger hike than suggested by Ogra

Source: Dawn News | 28-02-2013

The Oil and Gas Regulatory Authority (Ogra) has worked out an average of four per cent increase in the prices of all petroleum products with effect from Thursday midnight, but the government wants the last price surge of its tenure to be even higher. The pricing of petroleum products is turning out to be a major controversy at the fag end of the PPP gov..... Read more

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