You are here:  Home   |   Business   |   Commodities

 

Thursday 29, January 2015

 
 
 




 

Commodities


Power breakdown plunges Pakistan into darkness

By: Web Desk, Uploaded: 25th January 2015

Power breakdown plunges Pakistan into darkness KARACHI: Pakistan was plunged into darkness after a key power transmission line broke down early on Sunday in an incident blamed on a rebel attack, the latest reminder of the country’s crippling energy crisis. The power failure, one of the worst Pakistan has experienced, caused electricity to be cut in major cities throughout the country,...


Collective effort vital to eradicate corruption: DG NAB Sindh

By: Web Desk, Uploaded: 24th January 2015

Collective effort vital to eradicate corruption: DG NAB Sindh KARACHI: The Director General of National Accountability Bureau (NAB-Sindh) Col(r) Naeem Siraj has said that we all have to work together for the eradication of the menace of corrugation from the society. This he said while addressing a  seminar; Freedom of Information and Whistle Blower Protection” organized by Transparency International Pakistan in collaboration with National...


Pesco notifies load shedding schedule

By: Web Desk, Uploaded: 23rd January 2015

Pesco notifies load shedding schedule PESHAWRA: Due to necessary maintenance work power supply will remain off from 132 KV Peshawar City Grid Station on 24th January from 9 am to 2 pm, resultantly consumers of 11  KV Nishtarabad, Jagra, Chamkani, Chughal Pura, Faqirabad-2, Islamabad, Sikandar Pura, Pandu Road-1, Shiekh Abad, Choke Yadgar, Qissa Khani, Rashid Ghari ,Beri Bagh, Karim Pura ...


PSO has enough furnace oil stock

By: Web Desk, Uploaded: 21st January 2015

PSO has enough furnace oil stock KARACHI: The Pakistan State Oil (PSO) has eight to ten days furnace oil in stock and another 60,000 metric tons will reach here on January 28, a PSO spokesperson said. The PSO spokesperson told APP here on Wednesday that the PSO has a capacity to store one million metric tons of petroleum products, which is...


15,000 tonne petrol being supplied per day to fuel stations: Amir

By: Web Desk, Uploaded: 20th January 2015

15,000 tonne petrol being supplied per day to fuel stations: Amir KARACHI: Oil Companies Advisory Council Secretary General Amir Butt has said that all oil marketing companies have agreed to provide 15,000 metric tonne of petrol per day in the country after a meeting with Federal Petroleum Minister Shahid Khaqan Abbasi and have started supplying this quantity. Talking to APP here on Tuesday, he said that...


Oil prices down in Asian trade

By: Web Desk, Uploaded: 20th January 2015

Oil prices down in Asian trade SINGAPORE, Jan 20,  Oil prices tumbled further in Asia Tuesday, with weak global demand and an oversupply dictating the trend for the commodity, analysts said. US benchmark West Texas Intermediate (WTI) for delivery in February eased $1.32 to $47.37 in late-morning trade and Brent crude for March fell 12 cents to $48.72. “We see no...


AMISP issues rates of commodities

By: Web Desk, Uploaded: 19th January 2015

AMISP issues rates of commodities LAHORE: Agriculture Marketing Information Service Punjab (AMISP) on Monday issued rates of different agriculture products as per 100 kg in local market. Rice (Super Karnal Basmati New) minimum Rs 8000 and maximum Rs 8500, white sugar minimum 5160 and maximum Rs 5160, white gram minimum Rs 5800 and maximum Rs 6000, Red Chili Whole (Dry)...


IESCO issues power suspension programme

By: Web Desk, Uploaded: 19th January 2015

IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Monday issued power suspension programme for various areas of its region due to girder launching for Metro Bus Project and necessary maintenance and routine development work. According to IESCO Spokesman, the power supply of the following Feeders /Grid Stations would remain suspended as under: On 21, 23...


Shell launches research on urbanization and energy usage

By: Farah Jamil, Uploaded: 16th January 2015

Shell launches research on urbanization and energy usage Lahore: Shell today launched a research supplement in Lahore on how cities across the world grow and consume energy after an extensive study of over 500 urban centers. The publication, New Lenses on Future Cities, produced in collaboration with the Singapore Centre for Liveable Cities and using research from global consultants Booz & Company, surveyed...


Oil prices rally loses steam in Asian trade

By: Web Desk, Uploaded: 15th January 2015

Oil prices rally loses steam in Asian trade SINGAPORE: Oil prices fell in Asia on Thursday after a bargain-buying rally the day before lost steam, with a pick-up in US inventories reinforcing concerns about weak demand and a supply glut. US benchmark West Texas Intermediate (WTI) for delivery in February fell 37 cents to $48.11 in late-morning trade and Brent crude for February...


Pakistan Post use safe system for money transfer

By: Web Desk, Uploaded: 9th January 2015

Pakistan Post use safe system for money transfer ISLAMABAD: Pakistan Post is using Riposte system for its Electronic Money Order service which considered as the safe, accurate and affordable to transfer money. An official of Pakistan Post told APP that Post Offices using such system have not only reduced the overhead costs of running the services by removing the paper intensive aspects but...


Saudi Arabi providing Riyal 206 mln for Muzaffarabad road project

By: Web Desk, Uploaded: 7th January 2015

Saudi Arabi providing Riyal 206 mln for Muzaffarabad road project ISLAMABAD: Saudi Arabia is providing Pakistan loan of Riyal 206 million for constructing Chehlla Bandi road in Muzaffarabad Azad Jammu and Kashmir. “The loan is repayable in 20 years at 2% charge with 5 years grace period,” Jassim M. Al-Khaldi, Charge d’affaires, Embassy of Saudi Arabia informed Finance Minister, Ishaq Dar here on Wednesday. “Jassim...


Fog affects 140 PIA in six days

By: Web Desk, Uploaded: 2nd January 2015

Fog affects 140 PIA in six days KARACHI: As many as 140 PIA flights have been affected during last six days due to severe fog in Punjab and adjoining areas which is a natural phenomenon and beyond human control, PIA spokesman said here on Friday. He said PIA considers safety of its passengers, crew and aircraft as its first and foremost priority...


OGDCL sets target of drilling 35 wells during 2014-15

By: Web Desk, Uploaded: 2nd January 2015

OGDCL sets target of drilling 35 wells during 2014-15 ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has set a target of drilling of 35 wells during 2014-15 from which 29 wells marked on ground and Land acquisition done for 27 wells while civil works completed for 15 wells. The OGDCL has started the development work to upgrade the new Oil and Gas fields...


United Business Group wins FPCCI elections

By: Web Desk, Uploaded: 29th December 2014

United Business Group wins FPCCI elections KARACHI: United Business Group (UBG), led by Iftikhar Ali Malik and S.M. Muneer, wins Federation of Pakistan Chambers of Commerce and Industry (FPCCI) elections. Total 245 votes of chambers and trade associations in the country, 228 were cast in the elections held here at the Federation House on Monday afternoon for the period of one...


Cotton crop size estimated at 13.4885 mln bales for 2014-15

By: Web Desk, Uploaded: 29th December 2014

Cotton crop size estimated at 13.4885 mln bales for 2014-15 ISLAMABAD: Cotton Crop Assessment Committee (CCAC) here on Monday assessed cotton crop size for the season 2014-15 at 13.4885 million bales. The third meeting of CCAC was held under the chairmanship of Secretary, Ministry of Textile Industry, Amir Marwat which was attended by representatives from Pakistan Central Cotton Committee, Pakistan Cotton Standards Institute, Karachi Cotton...


Petroleum prices: FBR asked to assess impact of decline

By: Web Desk, Uploaded: 29th December 2014

Petroleum prices: FBR asked to assess impact of decline Federal Minister for Finance Mohammad Ishaq Dar Sunday directed the Federal Board of Revenue (FBR) to prepare an assessment report on impact of reduction in petroleum prices. Chairing a meeting at the FBR headquarters, the finance minister directed the FBR officials to present an exact report on the relief provided to general public through reduction...


Peanuts sale on the rise with dropping mercury

By: Web Desk, Uploaded: 25th December 2014

Peanuts sale on the rise with dropping mercury ISLAMABAD: Peanuts, the most favorites and affordable dried fruit is in high demand with the dropping mercury as shopkeepers and vendors are getting good business from it in twin cities of Rawalpindi and Islamabad. There is no specific age group of peanut lovers and everyone including children, youngsters, middle aged or older people cannot stop...


Govt to provide 6000 jobs in power sector: Abid Sher Ali

By: Web Desk, Uploaded: 23rd December 2014

Govt to provide 6000 jobs in power sector: Abid Sher Ali MULTAN: State Minister for Water and Power Abid Sher Ali said on Tuesday that 6000 jobs would be provided in power sector and the process of recruitment would begun very soon. Addressing an Open Court to redress the grievances of consumers here at Mepco headquarters, he said the incumbent government believed in resolving problems of...


Oil edges higher ahead of fresh US economic data

By: Web Desk, Uploaded: 23rd December 2014

Oil edges higher ahead of fresh US economic data SINGAPORE: – Oil prices nudged higher in Asia Tuesday on hopes of improved US economy figures, but analysts said gains would be capped with dealers squaring positions for the end of the year. US benchmark West Texas Intermediate for February delivery gained 51 cents to $55.77 while Brent crude for February was up 29 cents...


Oil edges higher ahead of fresh US economic data

By: Web Desk, Uploaded: 23rd December 2014

Oil edges higher ahead of fresh US economic data SINGAPORE: – Oil prices nudged higher in Asia Tuesday on hopes of improved US economy figures, but analysts said gains would be capped with dealers squaring positions for the end of the year. US benchmark West Texas Intermediate for February delivery gained 64 cents to $55.90 while Brent crude for February was up 33 cents...


Unproductive IPPs to be revived on take-and-pay tariff basis

By: Web Desk, Uploaded: 23rd December 2014

Unproductive IPPs to be revived on take-and-pay tariff basis The government is all set to approve a policy to revive short-term unproductive installed Independent Power Producers (IPPs) on the basis of take-and-pay tariff of Rs 13.6 per unit, well informed sources told Business Recorder. The short-term IPPs policy was formulated with the objective of replacing the highly costly electricity generated by the most inefficient...


Telecom Foundation to expand business activities: Anusha Rehman

By: Web Desk, Uploaded: 22nd December 2014

Telecom Foundation to expand business activities: Anusha Rehman ISLAMABAD: Minister of State for Information Technology Anusha Rahman Monday said that Telecom Foundation should concentrate on new avenues to enhance volume of its business activities. She was chairing a performance evaluation meeting of Telecom Foundation (TF) and Pak Datacom here. Federal Secretary IT, Azmat Ali Rangha, Managing Director (MD) Telecom Foundation Maj. Gen (R)...


Tripping in the National grid puts major areas of Sindh, including Karachi and Baluchistan into darkness

By: Web Desk, Uploaded: 22nd December 2014

Tripping in the National grid puts major areas of Sindh, including Karachi and Baluchistan into darkness KARACHI: KE’s network tripped due to breakdown of NTDC’s transmission line – KE’s spokesperson Karachi, 21st December 2014: K-Electric issued a statement explaining that the breakdown of the power transmission from the NTDC was the main cause of the power outages in most areas of Sindh, including Karachi and Baluchistan yesterday morning. Early on Sunday...


First UCG power plant to start in April

By: Web Desk, Uploaded: 21st December 2014

First UCG power plant to start in April KARACHI, Dec 21 (APP):  Underground Coal Gasification (UCG), taking unprecedented lead in producing electricity on coal gas energy, is going to launch its first power plant in Thar in April 2015. In a statement issued here on Saturday Managing Director of UCG Dr Mohammad Shabir said that the Sindh government allotted Block-5 of Thar Coal...


SSGC announces new 4-day CNG closure schedule for the next week

By: Web Desk, Uploaded: 20th December 2014

SSGC announces new 4-day CNG closure schedule for the next week KARACHI: Sui Southern Gas Company (SSGC) has announced 4- day CNG closure schedule for next week due to an accident in the Sui Gas Plant. The pipeline and the boiler have been damaged and the plant has been shut down. Consequently, SSGC’s system is faced with the reduction of 110 mmcfd gas, said an official...


1  |  2  |  3  |  
 
 
 



 
 
 



Poll

Does Islam support education and guidance of adolescents on issues of growing up?

View Results

Loading ... Loading ...


 

 






 
 

This material may not be published, broadcast, rewritten, redistributed or derived from. Unless otherwise stated, all content is copyrighted © Copyright 2013 AAJ NEWS. All rights reserved.