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NEPRA decides to increase electricity rates by Rs 3. 28 under three-month adjustment

Abuzar Usama
Islamabad: National Electric Power Regulatory Authority (NEPRA) has decided to increase electricity prices by Rs 3.28 under a three-month adjustment. The NEPRA has sent its...
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Hike in petroleum products consequences surface as inflation rate increases to 0.93 percent

Abuzar Usama
Karachi: The consequence of hike in petroleum products started to surface as a weekly inflation rate increased by 0.93 percent. With this inflation rate, yearly...
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Inefficient SOEs inflict Rs 500b loss to national kitty in 2022: Shamshad Akhtar

Abuzar Usama
ISLAMABAD: Owing to inefficiencies and mismanagement, the deficient State-Owned Enterprises (SOEs) incurred overall losses of around Rs 500 billion to the national exchequer during last...
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Petrol Diesel Aftershocks: Transporters increase fares high handedly around the country

Abuzar Usama
Karachi\Lahore\Rawalpindi\Quetta: After an increase in petroleum prices aftershocks started as transporters high handedly raise the fares. The fares have seen uptick of 15 to 20...
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SBP announces monetary policy for next two moths, retains interest rate at 22 percent

Abuzar Usama
Karachi: State Bank of Pakistan on Thursday announced monetary policy for next two months. The SBP Monetary Policy Committee (MPC) has decided to retain interest...
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Dollar downward trend continues as rupee closes at 299.89 against US dollar in interbank market

Abuzar Usama
Karachi: The downward trend of dollar continued on Tuesday as rupee closes at 299.89 against US dollar in the interbank market. This is lowest greenback...
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Crackdown continues against electricity theft without any discrimination: Minister for Energy, Power

Abuzar Usama
KARACHI: Caretaker Federal Minister for Energy, Power and Petroleum Mohammed Ali on Monday said that discussions were underway with the International Monetary Fund (IMF) to...
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Finance Minister lauds World Bank’s efforts for Pakistan’s economic stability

Abuzar Usama
Islamabad: Caretaker Finance Minister Dr. Shamshad Akhtar has reiterated that Pakistan values its development partnership with World Bank. Talking to Country Director World Bank Najy...
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Consultations underway with IMF for relief to electricity consumers: Murtaza Solan

Abuzar Usama
Caretaker Minister for Information and Broadcasting Murtaza Solangi has said that consultations with the International Monetary Fund are underway for provision of relief to the...
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Govt send electricity saving plan of closing markets after maghrib to provinces

Abuzar Usama
Islamabad: Federal government has sent a plan, which previous governments tried but not implemented, once again that suggesting closing of markets after magrib prayers through...
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Karachi Trader, business community announces movement against Inflation From September 8

Abuzar Usama
Karachi: Traders and business community of Karachi have once again announced to take to streets. The traders and business community have agreed to stage a...
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LHC prohibition order declared reason behind rise in sugar price: secret report

Abuzar Usama
Lahore: Hoarders has gotten illegal benefit from the court orders as a secret report on rise of price in sugar submitted to the Punjab government....
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Executive Committee of SIFC meeting held to remove bottlenecks, improve investment environment in country

Abuzar Usama
Islamabad: The 4th meeting of Executive Committee of Special Investment Facilitation Council was held in Islamabad with the objective to remove bottlenecks and improve overall...