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1-10 results from 1000 for query «supply»

October 20, 2018 12:00 AM OPEC struggles to boost oil output

LONDON: OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed, as an increase in Saudi Arabia was offset by declines in Iran, Venezuela and Angola. The Organization of the Petroleum Exporting Countries and allies agreed in June to boost supply as U.S. President Donald Trump

October 17, 2018 12:00 AM Punjab supplementary budget: Water, sanitation budget slashed

LAHORE: Though the PTI’s government is giving a special emphasis on providing clean drinking water across the province, the Punjab government has slashed budgetary allocations for water and sanitation by almost 65 per cent in comparison with the previous year. During the year 2017-18, the PML-N government allocated Rs 57.477 billion, which is 27.73 per cent more than the previous 1

October 12, 2018 11:37 PM Power supply dusrupted for the last 18 hours in Korangi area

Karachi: Prolonged loadshedding continued in Karachi's Korangi area, multiplying the difficulties of the residents. Residents of Korangi of Korangi No 6 and its adjoining areas 51-B area and its nearby market have been facing power outages over the past 20 hours. Hundreds of houses and commercial areas have been affected due to power breakdown in the locality 1

October 12, 2018 12:00 AM 11 children die in Sukkur village wall collapse

SUKKUR: A calamity struck a family in Salehpat when their 11 children were killed following the collapse of one of the walls of their house on Thursday in village Ghulam Sarwar Shanbhani in Sukkur. The tragedy struck when the children ranging in age from 2-12 years were playing in the house when the wall collapsed, burying them under the debris. The family

October 11, 2018 9:27 AM Pakistan requests IMF for bailout package

NUSA DUA, INDONESIA: Pakistan has formally requested the International Monetary Fund for the financial assistance to help address country’s economic challenges, Christine Lagarde, Managing Director IMF said in a statement Thursday. “Today, I met with Pakistan’s Minister of Finance, Revenue and Economic Affairs, Asad Umar, Governor of the State Bank of Pakistan

October 10, 2018 12:00 AM IMF sees growth falling at 4pc in FY2019

KARACHI: The International Monetary Fund (IMF) sees growth to fall at four percent during the current fiscal year of 2018/19 as it says the economy is losing grip on the gains made during the previous years. “Growth in Pakistan is expected to strengthen from 5.4 percent in 2017 to 5.8 percent in 2018… underpinned by improved energy supply, investment

October 7, 2018 12:00 AM China asks Pakistan to benefit from import expo

BEIJING: China to hold first-ever a high-profile trade event in its business capital, Shanghai next month and has invited Pakistan to take benefit of it for overcoming trade deficit in bilateral trade. It will be a golden opportunity for Pakistani producers and exporters to enhance their export to China by taking part in this event, China International 1

October 4, 2018 6:11 AM Karachi faces third power outage in one week

Karachi on Thursday morning faced yet another power outage, the third such blackout experienced by the city within one week. Taking to Twitter, K-Electric (KE) said that the power outage was caused by tripping in the Extra High Tension (EHT) line. "Supply from National Grid to the city is off. Restoration work is underway. We will keep you posted on further 2

October 2, 2018 10:44 AM Massive power outage hits parts of Karachi

KARACHI: Several parts of Karachi plunged into darkness in wee hours on Tuesday as power supply was suspended in the areas owing to tripping of transmission lines. According to details, old city areas were mostly affected along with other parts of the port city, including North Karachi, Liaquatabad, North Nazimabad, Gulshan-e-Iqbal, Guslistan-e-Johar 4

October 2, 2018 12:00 AM CPI eases to 5.12 percent in year to September

ISLAMABAD: Consumer price index (CPI) inflation clocked in at 5.1 percent year-on-year in September 2018 against 3.86 percent during the corresponding month of the last year, the Pakistan Bureau of Statistics (PBS) reported on Monday. In the previous month of August 2018, inflation stood at 5.8 percent. The three-month (July-September 2018/19) average