The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met today to approve the interim condensed financial statements for the quarter ended March 31, 2023
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China Assures Pakistan of Continued Support
The Chinese envoy assured Finance Minister Ishaq Dar of continued support to neighbouring Pakistan, which remains engulfed in a balance payment crisis.
The improvement came during a gathering between Ache Chunxue, Charge’d Issues, International safe haven of Individuals’ Republic of China, with Dar at the Money Division on Tuesday.
Read MoreCCPA Requests NEPRA To Jack Up Power Tariff NEPRA To Hear The Petition on May3
The power circulation organizations (Discos) on Wednesday mentioned Public Electric Power Consistency Authority (Nepra) to lift the power tax. The Focal Power Buying Organization (CPPA) mentioned Nepra to expand the per unit cost of power by Rs1.17 for the Discos’ purchasers.
Read MoreEuropean Summit Looks To Boost Wind Energy Production
Ostend, Belgium-Nine European countries held a summit on Monday aimed at scaling up wind power generation in the North Sea, spurred by the fallout of the Ukraine war and the push for renewables.
Read MoreRussian Oil Slashes OPEC’s Share of Indian Market to 22-Year Low
OPEC’s share of India’s oil imports fell at the fastest pace in 2022/23 to the lowest in at least 22 years, as intake of cheaper Russian oil surged, data obtained from industry sources show, and the major producers’ share could shrink further this year.
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