KARACHI: National Electric Power Regulatory Authority (NEPRA) has given a go ahead to Karachi Electric Supply Company (KESC) to increase power tariff by Rs5.22 per unit. According to a notification issued by NEPRA, the tariff hike is a result of a fuel adjustment and will be collected for nine months – June 2009 to March 2010. The collection for the above adjustment will be made in 7 equal installments.... 

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ISLAMABAD: President Asif Ali Zardari and Prime Minister Yousuf Raza Gilani Friday condemned the blast at Quetta Civil Hospital in which at least 10 persons were killed and several others were injured. Interior Minister Rehman Malik has ordered inquiry of the blast and called report from I.G. Police Baluchistan. The governors and chief ministers of provinces,... 

ISLAMABAD: The government has requested for modification in the performance criteria for budget deficit to increase the cumulative end-quarter ceiling of Rs22 billion to allow space for urgent security outlays and avoid undue cuts in other priority spending, The News learnt on Wednesday. The Finance Ministry submitted the Letter of Intent (LoI) and the fourth Supplementary Memorandum of Economic...