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Khaleeq KianiDawn Business |
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday claimed that the average national power tariff would be cheaper by...
ISLAMABAD: Pakistan’s corporate sector donated about Rs23.65 billion for various social sector causes in 2023, up 41 per cent over Rs16.76bn in...
ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday formally approved subsidy-neutral discounted electricity rates for incremental...
ISLAMABAD: Over one-third of the newly discovered gas reserves would be sold to private companies, a high-level committee decided on Monday. The...
ISLAMABAD: Pakistan will require more than $390 billion in additional investment by 2050 through the coal-to-gas transition in the industry,...
• Aurangzeb says paying fair share of tax ‘now compulsory’; asserts ‘use of force’ for recovery • Calls for Charter of Environment to...
ISLAMABAD: The Central Development Working Party (CDWP) on Friday cleared three power sector projects worth around Rs59 billion to secure a $200...
ISLAMABAD: Reporting a reversal of the declining trend in power consumption after many months, public sector power companies have sought a Rs1.016 per...
• After being in deficit a fortnight ago, ministry’s figures show Punjab enjoying ‘surplus’ • Climate financing, govt’s request to expand...
• Fears rise over ‘default-like situation’ in PSO, two gas utilities • Govt insists gas supply disconnection to CPPs ‘recipe for disaster’...
ISLAMABAD: The government has decided to repair the faulty portion of the Headrace Tunnel (HRT) of the 969-megawatt Neelum-Jhelum Hydropower Project...
• Hike in petroleum levy, imposition of GST on petroleum products not expected anytime soon • Govt sees economic activity picking up next month...
ISLAMABAD The Central Development Working Party (CDWP) on Tuesday cleared seven development projects with an estimated cost of about Rs560 billion,...
• Holds introductory meeting with finance minister • Govt pledges to end gas supply to captive power plants by Jan • Lender’s team to hold...
ISLAMABAD: At the opening of an unplanned official visit of the International Monetary Fund (IMF), Pakistan authorities on Monday stuck to budgeted...
ISLAMABAD: The Islamabad Electric Supply Company (Iesco) has reported to the Federal Investigation Agency (FIA) that a fleet of its 15 vehicles was in...
ISLAMABAD: The government is considering abolishing the basic pay scales (BPS), starting with non-gazetted staff in the public sector, and replacing...
• Users to get 18-50pc discount on additional usage over previous years’ levels • Minister says package announced after IMF approval ISLAMABAD:...
• Both sides agree to soon finalise financing arrangements for first phase of ML-1 • NA body calls for swift action on development, strategic Main...
ISLAMABAD: In an effort to expedite the elimination of contingency posts, the Ministry of Finance has instructed all federal ministries, divisions and...
ISLAMABAD: Highlighting about Rs60 billion worth of cost of inefficiency being charged to consumers in three months, the National Electric Power...
ISLAMABAD: The government on Tuesday put on record that it had reached an agreement with bagasse-based power plants for tariff cuts and would take...
• Orders third-party audit of Rs2.7bn spent on SCO event • Clears circular debt plan, POL supply deal with Azerbaijan ISLAMABAD: The Economic...
ISLAMABAD: To meet a deadline set by the International Monetary Fund, the Ministry of Finance has directed all state-owned enterprises (SOEs) to adopt...
• ECC okays Rs36bn grants, including Rs2bn for VIP aircraft used by president, PM • Allocates funds for e-passports, Sindh flood relief ...
Experts were hoping that the prices of petroleum products would go down, but the government increased the rates to offset inventory losses incurred by...
• Rs1.7tr surplus in July-Sept led by SBP profits, boost in petroleum levy revenue • Non-tax revenue soars 550pc to Rs3.05tr; tax revenue up 25pc...
ISLAMABAD: Expressing concerns over cotton production and confusing signals from the manufacturing sector, the government expressed “cautious...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) announced on Wednesday that electricity rates for consumers of ex-Wapda...
ISLAMABAD: Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut that is so large that it is likely to limit the price...
ISLAMABAD: Amid delays in securing an International Monetary Fund (IMF) support package, Pakistan’s foreign assistance inflows plunged by 60 per...
ISLAMABAD: Amid strong objections from the ministries of finance and planning, Pakistan Railways (PR) is seeking a 130 per cent increase in the...
ISLAMABAD: The gas produced from Thar coal would be cheaper than the imported liquefied natural gas (LNG) and could help reduce the price of fuel and...
ISLAMABAD: The prices of major petroleum products — petrol and high speed diesel (HSD) — are estimated to go down by Rs2 to Rs3 per litre with...
ISLAMABAD: Notwithstanding a lot of hue and cry raised by business, trade and political representatives, the National Electric Power Regulatory...
ISLAMABAD: Bringing an ongoing bickering within the regulator to the public domain, the National Electric Power Regulatory Authority (Nepra) on...
• New policy direction says all projects must demonstrate robust economic, financial rationale • Ministries directed to ensure schemes are...
ISLAMABAD: Amid refineries’ outcry, the Special Investment Facilitation Council (SIFC) has decided to give another deadline extension for signing...
ISLAMABAD: Thanks to its tough programme conditions, the International Monetary Fund (IMF) has forecast early signs of a fiscal turnaround in...
ISLAMABAD: In a majority vote, the National Electric Power Regulatory Authority (Nepra) has granted K-Electric a 14 per cent dollar-indexed return on...
ISLAMABAD: Having already charged 20 per cent higher fuel cost over last year, the public sector power companies have sought about 70 paise per unit...
ISLAMABAD: The International Monetary Fund (IMF) has forecast Pakistan’s economy to grow by 3.2 per cent during the current fiscal year, falling...
ISLAMABAD: The eastern route of the China-Pakistan Economic Corridor (CPEC) has been found to be the most advantageous in terms of provincial...
ISLAMABAD: In a rare move, the National Electric Power Regulatory Authority (Nepra) has imposed a Rs50 million fine on a public sector electricity...
ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan to invest one per cent of its GDP annually — equivalent to over Rs1.24 trillion...
ISLAMABAD: The government has increased the price of diesel by Rs5 per litre, while the rate of petrol has been kept the same for the next fortnights,...
ISLAMABAD: The government is preparing a transformation plan for all public sector universities to become self-sustainable corporate entities. This...
• Says Pakistan’s growth hindered by favouritism to these two segments • Identifies textile sector as having highest tax gap relative to its...
ISLAMABAD: On the demand of the sugar industry, the Economic Coordination Committee (ECC) of the Cabinet on Friday allowed the export of another...
• Lender warns Pakistan on SIFC, Sovereign Wealth Fund • Govt promises to adjust gas, power tariffs, expand tax net to agriculture, retail sectors...
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