Month: January 2023

LHC moved against petroleum price hike

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A petition was filed on Monday in the Lahore High Court (LHC) challenging the recent petroleum. The petitioner argued the petroleum prices have decreased in the international market but it was different in Pakistan. The petition further added it was an act of exploitation and the federal government has increased suffering of the people instead of providing relief. Finance Minister Ishaq Dar on Sunday announced an increase of up to Rs35 in petroleum prices with an immediate effect as Pakistan is scrambling to meet the conditions of the International Monetary…

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Govt allows ‘sky high’ raise in petrol prices

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pso

Petrol and high speed diesel price up by rs 35/litre, Kerosene oil is now available at rs 189.83/litre and light diesel oil rs 187/litre n finance minister ishaq dar explains petrol prices in international market have increased by 11 per cent, recalls on Pm’s instructions petrol prices remained unchanged during the last four months n terms fiscal discipline vital for economic prosperity. The government has jacked up the prices of petrol and high speed diesel (HSD) by Rs 35/litre each owing to increase in the oil prices in international market…

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Small Modular Nuclear Reactors Are A Game Changer For Clean Power

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For years, small modular nuclear reactors (SMRs) have been teased as the next big thing in clean energy. They were promised to be the solution to safely and efficiently scaling nuclear energy and the catalyst that would bring the nuclear energy renaissance into full swing. But then they never arrived. “Small modular reactors: What is taking so long?” asked an Energy Monitor report released last Fall. While these next-generation reactors have been right around the corner for years, the strict rules and regulations around nuclear energy, and especially new and…

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A New Pathway To Create Scalable Perovskite Solar Cells

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The process uses the first effective use of lead acetate as a precursor in making formamidinium-caesium perovskite solar cells. The team at Exciton Science, based at Monash University, were able to create perovskite solar cells with 21% efficiency, the best results ever recorded for a device made from a non-halide lead source. The reporting paper has been published in the journal Energy & Environmental Science. A miniature prototype solar panel featuring these cells achieved 18.8% efficiency. The large-area perovskite layer was fabricated in ambient atmosphere and was made via a…

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B2B barter trade mechanism: MoC empowered to impose conditions, curbs

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travel services export

Commerce Ministry has been empowered to impose country or commodity specific conditions or restrictions for imports/ exports of goods under the B2B Barter Trade Mechanism, official sources told Business Recorder. Sharing the details, sources said that pursuant to the decision of the ECC/ Cabinet, Commerce Ministry issued SRO 484(1) 2022 and SRO 485(1)/2022 on April 1, 2022 whereby provisions with respect to barter trade had been incorporated into Import Policy Order (IPO) and Export Policy Order (EPO) thus providing a legal framework for carrying out trade transactions through barter mode. Only…

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