INDIANAPOLIS - Indiana has canceled subsidies for a planned $1.8 billion fertilizer plant in the state because of concerns that a Pakistani company involved in the project makes products used in improvised explosives that kill and injure U.S. troops in Afghanistan.Midwest Fertilizer Corp, which has ...

ISLAMABAD : Caretaker Federal Minister for Petroleum & Natural Resources Sohail Wajahat H. Siddiqui in a meeting has proposed to cut the gas subsidy to fertilizer plants which would cause further increase in the fertilizer gas price hike  The exercise is said to be aimed at bringing ...

islamabad -  ahmad ahmadani - Despite approval of the federal cabinet to decrease the tariff of agri tube wells, ministry of finance has so far declined to reduce price by Rs2 per unit owing to financial woes of the country.Earlier, the federal cabinet on March 7 had given approval to reduce ...

islamabad - The caretaker government has approved a plan to overcome the unscheduled power loadshedding in the country, as additional subsidy and gas would be provided to power plants for additional electricity power generation.Caretaker prime minister Mir Hazar Khan has approved the plan to reduce ...

ISLAMABAD - International Monetary Fund has once again reportedly shown unhappiness over huge subsidy given to the power sector during the ongoing financial year 2012-2013. IMF team is of the view that budget deficit would get out of control if current pace of releasing funds for power sector ...

The National Assembly was informed Friday that the government plans to evolve a transparent mechanism for fair distribution of subsidies to the poor segments of the country. In a written reply to the House, Finance Minister Abdul Hafeez Sheikh said the government is providing subsidy on food items ...

Pakistan Muslim League (PML-Q) and Pakistan Muslim League (PML-N) on Tuesday jointly staged a token walk out from the National Assembly over the issue of withdrawal of subisdy from gas and electricity. Speaking on a point of order, Chief Whip PML-Q Riaz Hussain Pirzada said the government has not ...

The government has decided to withdraw subsidies on petroleum products, Secretary Petroleum G.A. Sabri announced in Islamabad on Thursday. Talking to media, the Petroleum Secretary said the Government is getting tax on motor spirit. The decline in international oil prices has been adjusted against ...

The government is considering a strategy of reducing both the price of diesel and the subsidy. Acting secretary Oil & Gas and Natural Resources G. A. Sabri in an interview with a private TV channel has said, that the prices of petroleum products were reviewed in a meeting of the special ...

The meeting of Economic Coordination Committee presided over by the Prime Minister Yousuf Raza Gilani here on Tuesday approved reduction in the gas tariff and decided to continue provision of flour subsidy.Expressing concerns on the current price hike, the Prime Minister issued directives to the ...