Delay in gas price revision has pushed accumulated losses of companies to Rs62b

May also hand over operation of power generation companies

They were required to transfer profit above 50% of paid-up capital to escrow account

Foreign Office hails accord; senate panel discusses impact of nuclear deal on the project

Majority of power consumers may not receive the benefit

Filling stations will be free to set rates; will spark competition

Ministry says these plants can be set up in a short span of time.

Senate panel suggests country should use domestic resources in power plants.

IRSA chief dismisses widespread media reports in senate standing committee meeting

Exim Bank demands 7% interest against 4.4% on previous financing.