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March food prices at nearly 7-year high: UN body

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Building from a 10-month rise, in March world food prices hit their highest monthly average since June 2014, the UN Food and Agriculture Organization (FAO) said Thursday. The FAO Food Price Index averaged 118.5 points this March, up 2.4 points or 2.1% from a month […]

NEPRA reduces tariff of Bagasse, Wind, Solar power plants

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National Electric Power Regulatory Authority (NEPRA) has reduced the Return on Equity (ROE), Return on Equity during Construction (ROEDC), Operation & Maintenance and Insurance components of seven bagasse, three wind and two solar PV Independent Power Producers (IPPs) having cumulative capacity of around 355 MW. […]

Ali Tareen appears before FIA in sugar scandal

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Jahangir Tareen’s son Ali Tareen has appeared beforethe investigators of the Federal Investigation Agency (FIA) in connection with the probe into the sugar scandal. Ali Tareen has been asked by FIA to answer the five questions related to the alleged financial fraud worth over Rs4 […]

PM proposes five-point roadmap to materialise D-8 vision

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ISLAMABAD – Prime Minister Imran Khan yesterday proposed a five-point roadmap to materialize the vision of D-8. The proposals included mobilizing financial resources to recover robustly for the economic and health crises incurred by the COVID-19 pandemic. Addressing the 10th D-8 virtual summit, he invited […]

China launches satellite to study space environment

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China on Friday launched a new satellite to study space environment, local media reported. The experiment satellite was sent into planned orbit at around 07:01 a.m. local time (2301GMT Thursday) from the Taiyuan Satellite Launch Center in China’s northern Shanxi province, according to broadcaster CGTN. […]

FIA freezes bank accounts of Jahangir Tareen, family

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More than 35 bank accounts of estranged Pakistan Tehreek-i-Insaf (PTI) leader Jahangir Khan Tareen and two members of his family have been frozen over alleged involvement in the sugar scandal. According to the reports, a total of 36 accounts in nine different banks were frozen. […]

NEPRA increases power tariff by Rs0.64 per unit

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Islamabad – The National Electric Power Regulatory Authority (NEPRA) has allowed the ex-WAPDA Discos an increase of Rs.0.64 per unit in power tariff under the Fuel Charges Adjustment (FCA) for the month of February. The decision will have an impact of Rs 5.28 billion on […]

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