Punjab would suffer most from increase as they had opted for petrol due to high prices of CNG

Also gives go-ahead for 1% health tax on all beverages to boost revenues

Says it will deplete company’s cash flow; asks government to bear the cost

Power Division insists Rs118-billion amount should not be collected from distribution companies

Refineries ask govt to allow them dirty fuel production for motorcycles

Approves Rs46.2m for the project that will provide jobs to the youth

Relief will be allocated in budget for consumers using up to 300 units per month

Approval comes despite fund’s less-than stellar past record at playing the market

Without clearing Rs206b worth of liabilities, the steel mill may be difficult to revive

17th attempt to find hydrocarbons off the shore of country proves futile