Tag: Reduction

Power shortfall surges to 7,000MW

The power shortfall on Monday reached to 7,000 megawatt across the country as the power generation companies have reduced power production due to non...

LPG prices decreased by Rs 10 per kg

Oil and Gas Regulatory Authority (OGRA) has reduced the price of LPG by Rs 10 per kilogram with immediate effect.An announcement by OGRA on...

TDAP organises workshop on cost reduction

Proper planning and scheduling, selection of good service providers, training of staff and complete documentation are the essential elements for managing cost component during...

Promoting Disaster Risk Reduction among communities nationwide

As part of their Disaster Risk Reduction (DRR) activities, the United Nations Human Settlements Programme (UN-HABITAT) Pakistan has initiated a mass information campaign. Under the...

Chairman APTMA welcomes reduction in bank mark up rate

Central Chairman All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has welcomed the reduction in bank markup rate by 150 basis points to 12...

Will tariff reduction benefit consumers?

Economic managers in Islamabad are trying hard for downward rationalisation of tariffs from existing 30-35 per cent to 20-25 per cent, which mainly covers...

Elahi orders reduction in prices of 133 commodities

In an attempt to muster public support before presentation of the federal budget, Senior Federal Minister Chaudhry Pervaiz Elahi on Thursday ordered a reduction...

Ministry of Textile opposes reduction in duties

LAHORE - The Ministry of Textile has proposed rationalisation of textile chain and opposed a decline in all tariffs to 10 percent, Pakistan Today has learnt. The Ministry believed that anomalies in the textile and clothing tariff structure exist, which point to the fact that government must understand the importance of greater tariff protection.
Documents reveal that the government will aim to bring all tariffs down to a maximum rate of 10 percent.
Contrarily, even

Women MPs ask for reduction in electioneering expenses

KARACHI - Women parliamentarians have sought electoral reforms in the country with particular focus on cutting the size of expenses required to run for a parliamentary seat. In a discussion with the members of the Legislative Watch Group of the Aurat Foundation, Muttahida Qaumi Movement (MQM)'s women legislators said that there was a need to change the political culture of extravagance during polls.
The dialogue that ensued during a ceremony organised for presenting shield to

Pak-China negotiations to focus on trade deficit reduction

ISLAMABAD - Pakistan and China, on Thursday, started negotiations on the second phase of the Free Trade Agreement (FTA), with the aim of reducing Pakistan's trade deficit in bilateral trade and tariff concessions. The first phase of the FTA would conclude on December 31, 2012 and respective organisations of the two governments have started talks to finalise modalities for the second phase - to be implemented from January 2013. The current discussion would focus on devising a

US, Russia launch nuclear arms reduction pact

MUNICH - US Secretary of State Hillary Clinton launched a landmark nuclear arms reduction pact with Russia on Saturday, a showpiece of Washington's "reset" of ties with its former Cold War enemy. The new START nuclear arms reduction treaty officially came into force when Clinton and Russian counterpart Sergei Lavrov exchanged ratification documents at a security conference in Munich.
"Today we exchange the instruments of ratification for a treaty that lessens the nuclear danger

KBP not satisfied with reduction in fuel prices

LAHORE - Kisan Board Pakistan (KBP) has termed the reversal of increase in the petroleum products as insufficient and urged the government to make at least 50 percent decrease in diesel prices. The board also demanded that prices of all inputs including fertilisers, electricity and pesticides should also be reduced by half to support the dying agricultural economy. KBP President Sardar Zafar Hussein and General Secretary Malik Muhammad Ramzan Rohari while reacting to the withdrawal of

Vettori wants reduction in Pakistan one-dayers

LAHORE - New Zealand captain Daniel Vettori wants reduction in the number of one-dayers, especially in bilateral series against Pakistan.
His statements came at a time when the ICC was reviewing its Future Tours Program, with plans to conduct a one-day league over four years.
"Why are we playing these extended one-day series?," Vettori was quoted as saying by New Zealand Herald.
"What's the point? Hopefully the ICC follows these proposals through because I'd like to