Spain inflation hits 10.2%, highest level since 1985

Madrid, June 29 (AFP/APP): Inflation in Spain has jumped to its highest level since 1985, largely driven up by soaring energy prices, official data showed on Wednesday. Inflation has soared worldwide as economies have emerged from the Covid pandemic while Russia’s invasion of Ukraine has […]

Consultative Session on maximum utilization of coal

Islamabad, June 29, 2022 (Online): A consultative session was held at NEPRA Tower to discuss how to maximize utilization of coal (both local and imported) as a cheaper source of electricity generation to reduce power tariff. The session was presided by NEPRA Authority including Chairman […]

Vietnam’s CPI up 2.44 pct in 6 months

HANOI, Jun 29 (XINHUA/APP):Vietnam’s consumer price index (CPI) rose 2.44 percent year on year in the first six months of this year, according to the country’s General Statistics Office on Wednesday. In the first half of 2022, items posting the most significant price hikes included […]

South Africa escalates power cuts to acute levels

Johannesburg, June 28 (AFP/APP):South Africa, a country plagued by power shortages, on Tuesday imposed the toughest electricity rationing in two and a half years after labour disputes disrupted production at several plants. Highly unpopular power rationing to consumers was ramped up to so-called Stage 6 […]

Yet another POL price hike coming our ways

ISLAMABAD – June 28 (ONLINE) Finance Minister Miftah Ismail has hinted at yet another hike in prices of petroleum products, Online has learnt. Talking to a private news channel, Miftah said government is planning another price hike for petroleum products by July 1. He said, […]

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