Rs137 billion annual relief expected for consumers as cabinet approves revised PPI deals Blogging Sole

Rs137 billion annual relief expected for consumers as cabinet approves revised PPI deals

 Blogging Sole

A representative image of a transmission tower, also known as an electricity pylon. — AFP/File Prime Minister Shehbaz is holding a federal cabinet meeting today. The government approves the proposal to reduce capacity costs. The Prime Minister considers the revised agreements a major achievement. The federal cabinet on Tuesday approved revised agreements with 14 independent … Read more

Government approves sale of 15% stake in Reko Diq worth Rs150 billion to Saudi Arabia Blogging Sole

Government approves sale of 15% stake in Reko Diq worth Rs150 billion to Saudi Arabia

 Blogging Sole

An aerial view of the Reko Diq mine in Balochistan. —Reuters/File Saudi Arabia will acquire 15% of the capital in two phases. A first tranche of $330 million will soon be transferred. Reko Diq has 5.9 billion tonnes of copper-gold ore reserves. ISLAMABAD: The government has approved the sale of 15% stake in the Reko … Read more

Australia approves extradition of former US Marine for alleged training of Chinese military pilots Blogging Sole

Australia approves extradition of former US Marine for alleged training of Chinese military pilots

 Blogging Sole

Former United States Marine Corps pilot Daniel Dugan will be extradited from Australia to the United States over allegations he illegally trained Chinese airmen. Australian Attorney General Mark Dreyfus approved the extradition on Monday, ending a nearly two-year attempt by the Boston-born 55-year-old to avoid being returned to the United States. Duggan, who served in … Read more

Ogra approves rising gas prices as temperatures drop Blogging Sole

Ogra approves rising gas prices as temperatures drop

 Blogging Sole

A representative image showing the lit burner of a gas stove. — Reuters/File Ogra approves 8.71% increase for Sui Northern users. Approves a 25.78% increase for Sui Southern consumers. The hike will be finalized after advice from the government, says Ogra. ISLAMABAD: As citizens continue to suffer from high bills during the winter season, the … Read more