OGRA sets new UFG ceiling at 6.3% compared to the previous 4.5%

Company sought cut in royalty, project rent due to low metal prices

Says it has to receive only Rs1b from LPG producer JJVL by Dec end

Cabinet tasks new chief with turning airline into profit-making company

Argue it has become uneconomical to produce jet fuel at current price

Earlier, the scheme was shelved apparently after pressure from Riyadh

Canadian minister seeks out-of-court settlement of years-long dispute

Energy ministry will seek trade deals without inviting bids

OGRA makes recommendation in line with global crude price movements

Finance ministry says budget portfolio has no funds for such projects