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      Donald Trump elected US president in historic comeback

      Trump says Israel agrees to conditional ceasefire in Gaza, Trump

      Hamas attack kills 100 Israelis, Tel Aviv’s air strikes martyr more than 200 Palestinians

      Israel killed 95 Palestinians after bombing on aid sites, cafe, school in Gaza

      Pakistan downs 5 fighter jets, destroy brigade HQ in retaliation strikes

      India envoy blames political leadership for fighter jet crash in clash with Pakistan

      Pakistan congratulates Donald Trump for winning as US president

      Trump hopeful for Gaza ceasefire ‘next week’

      Children in Gaza surviving on bitter loaves made from animal feed

      Israel kills 549 aid seekers in this month

      Iran announces ceasefire against Israel, Trump declares its victory

      Iran arrests 26 more Israeli agents

      “ELECTION INTERFERENCE, KANGAROO COURT!” Trump says on indictment charges

      US to hold nuclear talks with Iran next week, Trump

      Pakistan urges SCO members for tackling multiple regional challenges

      India refuses to sign joint statement after SCO rejected false-flags on Pahalgam attack

      Indian origin Zohran Mamdani likely to become first Muslim mayor of New York

      Indian origin Zohran Mamdani likely to become first Muslim mayor of New York

    • BUSINESS
      Karachi: FBR seals over 30 shops for tax, PoS violations

      PM applauds FBR for collecting record tax revenue

      NEPRA notifies increase in power tariff for Karachiites

      NEPRA approves Rs1.15/unit cut in domestic electricity tariff

      Govt plans separate tax policy cell

      Rs3.5 trln tax collected from Karachi in FY24-25

      Petrol prices likely to increase up to Rs13 per litre

      Petrol prices likely to increase in Pakistan

      PM Shehbaz denounces Israeli aggression in Gaza, Lebanon and Iran

      PM welcomes Bloomberg report on Pakistan’s economic stability

      PPP breaks National Assembly quorum after controversy over resolution against canal project

      NA passes Rs 17.57tr budget 2025-26

      Bilawal hopes to get justice in presidential reference against ZA Bhutto’s death sentence

      Bilawal directs PPP lawmakers to vote in favour of budget 2025-26

      World Bank approves $213 million in financing for Balochistan

      World Bank approves $194m for education, water projects in Pakistan 

      Dollar gets meager dip against rupee

      Govt to get $3.3bn loans from Chinese banks

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      Sean ‘Diddy’ Combs convicted on prostitution counts, but cleared of more serious charges

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      US revokes Bob Vylan’s visas after Glastonbury chants

      Police found skin glow, anti-ageing drugs from Shefali Jariwala’s residence after her mysterious death

      Police found skin glow, anti-ageing drugs from Shefali Jariwala’s residence after her mysterious death

      Meet with Hafsa Nawaz Khan – Miss Pakistan Universe 2025

      Diljit Dosanjh apologises to fans for ticket scam

      Diljit Dosanjh breaks silence on ‘Sardaar Ji 3’ overseas release

      Brother of actors Yasir, Danish Nawaz passes away

      Brother of actors Yasir, Danish Nawaz passes away

      Teenage star Aina Asif reveals her biggest dream

      Teenage star Aina Asif reveals her biggest dream

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      Lahore hosts grand Miss and Mr. Pakistan 2025 coronation ceremony

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      Asia Cup 2025 likely to commence in September

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      Voice of Sindh
      Home BUSINESS

      Govt revises price of imported urea by 2340 per bag

      Govt revises price of imported urea by 2340 per bag

      Web Desk by Web Desk
      in BUSINESS, FINANCE
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      The federal government has approved in principal a move to revise the price of imported Urea and allowed to fix a dealer transfer price (DTP) of a 50 kilogram imported bag of Urea at Rs2,340 per bag.

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      This was decided during a meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday, which was chaired by the Federal Finance Minister Ishaq Dar.

      The forum further directed that 50% of subsidy on the imported Urea should be shared by the provinces.

      The incidental charges at Karachi Port Trust (KPT) were fixed at Rs594 per bag and at Rs1,008 per bag at Gwadar to ensure stability in prices.

      RLNG

      The Petroleum Division tabled a summary on change in take-or-pay commitment in power purchase agreements & gas supply agreements of three regasified liquefied natural gas (RLNG) public sector power plants including Quaid-e-Azam Thermal Power Plant, Balloki Power Plant and Haveli Bahadur Shah Power Plant.

      In the wake of prevailing international economic conditions and the unprecedented price hike of RLNG in the international market and to optimize the utilization of RLNG for the continued operations of these power plants.

      The ECC considered and approved the proposal of the power division to fix the minimum take or pay commitment at 33% under the PPA and GSA to guard the interests of both buyers and suppliers. Further, the ECC allowed the fixation of GSD under the GSA at Rs15 billion per power project.

      HEC mark up

      The ECC considered another summary of Ministry of Industries and Production on provision of funds to Heavy Electrical Complex (HEC) to release mark-up amount to Bank of Khyber (BoK).

      The ECC after discussion approved Technical Supplementary Grant (TSG) amounting to Rs80.988 million to HEC for payment to Bank of Khyber for mark-up amount for 2nd, 3rd and 4th quarters of the calendar year 2022.

      The ECC also gave approval in principle for provision of funds with direction that the transaction of HEC must be completed by February 15, 2023.

      Railways sustainability plan

      Ministry of Railways submitted a summary on its business plan to generate decent source of earning in order to improve its financial health through lying of fiber optic cable along its infrastructure.

      After deliberations, the ECC constituted an inter-ministerial committee comprising federal secretaries of all relevant divisions, headed by the federal law minister, to draft a Right of Way Policy on the issue.

      The ECC also approved a Technical Supplementary Grant of Rs500 million in favor of Ministry of Housing and Works for execution of development scheme on construction, rehabilitation of flood affected roads, District Muzafargarh-I.

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      Voice of Sindh is an initiative designed to uncover the untold stories of Sindh. It aims to preserve and promote the diverse culture, heritage, history, and traditions that make Sindh the bastion of pluralism and progress.

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