PM Shehbaz orders probe into Rs50bn gas bill shock

ISLAMABAD: Prime Minister Shehbaz Sharif has ordered an independent probe into the controversial Rs50 billion gas billing dispute involving...

yesterday 20

Khaleeq Kiani

Economic Coordination Committee okays relief package for monsoon victims

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Tuesday approved 100 per cent uniform electricity rates across the country,...

yesterday 30

Khaleeq Kiani

PM Shehbaz’s China visit later this month to mark formal launch of CPEC-II

ISLAMABAD: The government on Tuesday announced that Prime Minister Shehbaz Sharif’s upcoming visit to China later this month will mark the formal...

yesterday 60

Khaleeq Kiani

Sustainable bonds planned amid tight global markets

ISLAMABAD: With conventional capital markets remaining uncertain and largely unfavourable, Pakistan plans to shift its focus towards Sustainable Bonds...

previous day 30

Khaleeq Kiani

Banks set to gain from stability, says Fitch

ISLAMABAD: Fitch Ratings on Monday projected improved prospects for Pakistan’s banking sector, citing stabilising macroeconomic indicators, falling...

previous day 40

Khaleeq Kiani

Govt may allow new gas connections with fee hike amid push to address gas glut

• 120,000 connections for LNG-based piped supply planned in first year • Move comes amid push to address continuing glut in gas network ISLAMABAD:...

tuesday 40

Khaleeq Kiani

Aurangzeb accelerates rollout of social impact projects

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Friday directed ministries and partner organisations to fast-track the launch of three flagship...

17.08.2025 30

Khaleeq Kiani

Digital tracking to end fuel black market

ISLAMABAD: In a landmark reform, the government will launch real-time digital tracking of every litre of petroleum products — from import and...

16.08.2025 20

Khaleeq Kiani

ECC okays industrial estate on Pakistan Steel Mills land

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved the establishment of an industrial estate on Pakistan...

15.08.2025 20

Khaleeq Kiani

ECC okays industrial estate on PSM land

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved the establishment of an industrial estate on Pakistan...

15.08.2025 20

Khaleeq Kiani

Ministry okays Rs141bn PSDP for first quarter

ISLAMABAD: The Ministry of Planning and Development has authorised the release of Rs141 billion under Public Sector Development Programme (PSDP)...

14.08.2025 30

Khaleeq Kiani

Govt halves wheeling charges

ISLAMABAD: Power Minister Sardar Awais Leghari on Monday announced a significant cut in wheeling charges to promote a competitive electricity market,...

13.08.2025 20

Khaleeq Kiani

Govt expects investment in mines, export of refined copper to US

ISLAMABAD: The government is expecting significant investment in Pakistan’s mines and mineral sector and export of copper following the recent...

12.08.2025 30

Khaleeq Kiani

Factories drive 58pc surge in demand as captive users switch back to grid

• Grid revival could ease burden of rising electricity tariffs • Approximately 128,000 new connections still pending ISLAMABAD: After two years of...

10.08.2025 20

Khaleeq Kiani

Non-tax bonanza pushes tax ratio to 21-year high

• Official data shows overall tax-to-GDP ratio at 15.7pc in FY25, highest since 2004 • Non-tax revenue up by 68pc ISLAMABAD: The overall...

07.08.2025 20

Khaleeq Kiani

New car levy to power EV revolution

ISLAMABAD: After imposing up to three per cent tax on gross sale value of conventional local and imported vehicles, the government approved a...

07.08.2025 50

Khaleeq Kiani

Overbilling probe sparks call for nationwide scrutiny

• PM-ordered inquiry confirms widespread overbilling in Lahore; officials penalised • Power division says electricity duty cannot be abolished...

06.08.2025 10

Khaleeq Kiani

Overbilling probe sparks call for nationwide scrutiny

• PM-ordered inquiry confirms widespread overbilling in Lahore; officials penalised • Power division says electricity duty cannot be abolished...

06.08.2025 10

Khaleeq Kiani

Power division projects 25pc rise in tariff by 2034

• Says purchase price increased by half since FY2022 and 250pc since FY2016 • Blames rupee devaluation for hike despite near same fuel prices ...

05.08.2025 20

Khaleeq Kiani

Irregularities found in foreign-funded projects of National Highway Authority

ISLAMABAD: A Senate panel on Friday announced that it had found serious procurement issues like collusive practices and conflicts of interest in...

03.08.2025 20

Khaleeq Kiani

Irregularities found in foreign-funded projects of National Highway Authority

ISLAMABAD: A Senate panel on Friday announced that it had found serious procurement issues like collusive practices and conflicts of interest in...

03.08.2025 4

Khaleeq Kiani

Fury erupts as Rs7.41 per unit relief reversed

ISLAMABAD: The business community has voiced serious concerns over the abrupt withdrawal of a promised Rs7.41 per unit electricity relief and the...

01.08.2025 10

Khaleeq Kiani

Fury erupts as Rs7.41 per unit relief reversed

ISLAMABAD: The business community has voiced serious concerns over the abrupt withdrawal of a promised Rs7.41 per unit electricity relief and the...

01.08.2025 3

Khaleeq Kiani

Govt quietly cuts profits on savings schemes

ISLAMABAD: The government has quietly slashed profit rates on all national savings schemes — both conventional and Sharia-compliant — within a...

31.07.2025 20

Khaleeq Kiani

PBF advises cut in interest, exchange rates

ISLAMABAD: The Pakistan Business Forum (PBF) on Monday claimed that both interest and exchange rates were being kept artificially high without...

30.07.2025 10

Khaleeq Kiani

ECC flags ghee profiteering, clears housing subsidy

• Expresses concern over unjustified edible oil pricing despite global drop • Approves Rs72bn housing subsidy for 50,000 low-income families...

27.07.2025 70

Khaleeq Kiani

Govt sells obsolete Genco plants to Wah Industries

ISLAMABAD: In a rare government-to-government (G2G) transaction, Wah Industries — operating under the Ministry of Defence — has acquired about 30...

27.07.2025 30

Khaleeq Kiani

More than Rs2.2tr ‘lost to tax evasion’ in two years: FBR

• Senate panel hears chambers’ concerns over taxmen’s arrest powers; officials say fears ‘overblown’ • Committee agrees seeking amendments...

26.07.2025 40

Khaleeq Kiani

ADB sees Pakistan’s growth at 3pc

ISLAMABAD: The Asian Development Bank (ADB) has projected Pakistan’s economy to grow at a steady pace of 3pc in FY26, even as it lowered growth...

25.07.2025 40

Khaleeq Kiani

Foreign debt inflows surge to $12.4bn

ISLAMABAD: Pakistan’s foreign debt inflows surged to $12.4 billion in FY25, largely due to a last-minute $3.4bn commercial borrowing from foreign...

24.07.2025 30

Khaleeq Kiani

Australia eyes comeback in mining sector

ISLAMABAD: After more than a decade, Australia is considering returning to Pakistan’s mining and mineral sector through direct investments, joint...

23.07.2025 20

Khaleeq Kiani

Discos seek to refund 65 paise

ISLAMABAD: Amid a modest 2 per cent increase in power consumption in June compared to last year and over 72pc supply from cheaper indigenous sources,...

20.07.2025 10

Khaleeq Kiani

Govt mulls delinking hydel profit from tariff

• Power Division opposes burdening consumers with Rs170 billion arrears • Says payments should be funded through federal budget or Wapda revenues...

19.07.2025 30

Khaleeq Kiani

NA committee grills govt on sugar policy

ISLAMABAD: A parliamentary committee on Wednesday questioned why the government was focusing on sugar prices despite having deregulated wheat prices,...

18.07.2025 20

Khaleeq Kiani

Moody’s urged to improve Pakistan’s credit rating

• Finance minister claims significant strides in stabilising economy • Says measures implemented to expand tax base, plug leakages ISLAMABAD:...

17.07.2025 20

Khaleeq Kiani

Fuel prices set for fresh hike amid global trends

ISLAMABAD: Prices of petrol and high-speed diesel (HSD) are expected to increase by Rs5.25 and Rs6.50 per litre, respectively, for the upcoming...

16.07.2025 20

Khaleeq Kiani

SOEs’ profit falls as power sector losses hit Rs5.9tr

ISLAMABAD: Pakistan’s state-owned enterprises (SOEs) continue to pose serious fiscal and operational challenges due to entrenched inefficiencies,...

13.07.2025 40

Khaleeq Kiani

Power minister renews push to slash solar net metering

• Awais proposes delay in payback to ease grid surplus • Claims Rs191bn saved in FY25 as power losses dip due to governance reforms • Govt eyes...

12.07.2025 20

Khaleeq Kiani

Banks’ reward for overseas inflows reduced

ISLAMABAD: Despite record remittances of $38.3 billion in FY25, the government has decided to reduce the reward paid to banks and exchange companies...

11.07.2025 40

Khaleeq Kiani

Rightsizing delayed as focus shifts to FBR

ISLAMABAD: Moving well past its original June deadline for completing the rightsizing of the federal government, the Cabinet Committee on Rightsizing...

10.07.2025 20

Khaleeq Kiani

Govt lifts bar on corporate earnings of bureaucrats

ISLAMABAD: The government on Monday opened an avenue for senior bureaucrats to amass virtually unlimited financial gains, while simultaneously...

09.07.2025 30

Khaleeq Kiani

Regulatory body formed to oversee digital assets

ISLAMABAD: The government formally announced the creation of the Pakistan Virtual Assets Regulatory Authority (PVARA) on Monday to operate as an...

09.07.2025 40

Khaleeq Kiani

Govt mulls lifting ban on gas connections amid LNG glut

ISLAMABAD: As a demand-side intervention, the government is cautiously considering lifting the ban on new gas connections to ease pressure from a...

06.07.2025 30

Khaleeq Kiani

Motorways to be built in tandem with private sector

ISLAMABAD: The board of directors of the Public-Private Partnership Authority (P3A) on Thursday approved the appointment of the International Finance...

05.07.2025 30

Khaleeq Kiani

Govt slammed for loadshedding, rising consumer burden

ISLAMABAD: The Senate Standing Committee on Power expressed serious concern on Wednesday over persistent load-shedding despite a surplus of...

04.07.2025 10

Khaleeq Kiani

Tariff cut of Rs1.14 fails to satisfy businessmen

• Govt works out power tariff to be Rs31.59/unit compared to Rs32.73/unit last year • Industrialists demand end to peak, off-peak charges; decry...

03.07.2025 20

Khaleeq Kiani

Fuel levy-funded N-25 project to be launched on Aug 14

ISLAMABAD: Prime Minister Shehbaz Sharif is expected to conduct on Aug 14 the groundbreaking of a major expressway linking Karachi to Quetta and...

03.07.2025 20

Khaleeq Kiani

Government sees exports rising, inflation at 5-7pc in FY26

ISLAMABAD: The government on Monday projected a positive export outlook and a moderate rise in inflation to a range of 5-7 per cent for 2025-26,...

02.07.2025 40

Khaleeq Kiani

Cost of power production from gas plants increases by Re1

• Costlier electricity result of govt decision to increase gas rate for generators • Power minister asks provinces to stop collecting electricity...

02.07.2025 20

Khaleeq Kiani

ECC okays up to 50pc hike in gas charges

• Additional burden on consumers to be offset by disbursement through BISP • Committee approves supplementary grants worth Rs856bn; passes the...

29.06.2025 10

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PM Shehbaz orders probe into Rs50bn gas bill shock

Khaleeq Kiani

Economic Coordination Committee okays relief package for monsoon victims

Khaleeq Kiani

PM Shehbaz’s China visit later this month to mark formal launch of CPEC-II

Khaleeq Kiani

Sustainable bonds planned amid tight global markets

Khaleeq Kiani

Banks set to gain from stability, says Fitch

Khaleeq Kiani

Govt may allow new gas connections with fee hike amid push to address gas glut

Khaleeq Kiani

Aurangzeb accelerates rollout of social impact projects

Khaleeq Kiani

Digital tracking to end fuel black market

Khaleeq Kiani

ECC okays industrial estate on Pakistan Steel Mills land

Khaleeq Kiani

ECC okays industrial estate on PSM land

Khaleeq Kiani

Ministry okays Rs141bn PSDP for first quarter

Khaleeq Kiani

Govt halves wheeling charges

Khaleeq Kiani

Govt expects investment in mines, export of refined copper to US

Khaleeq Kiani

Factories drive 58pc surge in demand as captive users switch back to grid

Khaleeq Kiani

Non-tax bonanza pushes tax ratio to 21-year high

Khaleeq Kiani

New car levy to power EV revolution

Khaleeq Kiani

Overbilling probe sparks call for nationwide scrutiny

Khaleeq Kiani

Overbilling probe sparks call for nationwide scrutiny

Khaleeq Kiani

Power division projects 25pc rise in tariff by 2034

Khaleeq Kiani

Irregularities found in foreign-funded projects of National Highway Authority

Khaleeq Kiani

Irregularities found in foreign-funded projects of National Highway Authority

Khaleeq Kiani

Fury erupts as Rs7.41 per unit relief reversed

Khaleeq Kiani

Fury erupts as Rs7.41 per unit relief reversed

Khaleeq Kiani

Govt quietly cuts profits on savings schemes

Khaleeq Kiani

PBF advises cut in interest, exchange rates

Khaleeq Kiani

ECC flags ghee profiteering, clears housing subsidy

Khaleeq Kiani

Govt sells obsolete Genco plants to Wah Industries

Khaleeq Kiani

More than Rs2.2tr ‘lost to tax evasion’ in two years: FBR

Khaleeq Kiani

ADB sees Pakistan’s growth at 3pc

Khaleeq Kiani

Foreign debt inflows surge to $12.4bn

Khaleeq Kiani

Australia eyes comeback in mining sector

Khaleeq Kiani

Discos seek to refund 65 paise

Khaleeq Kiani

Govt mulls delinking hydel profit from tariff

Khaleeq Kiani

NA committee grills govt on sugar policy

Khaleeq Kiani

Moody’s urged to improve Pakistan’s credit rating

Khaleeq Kiani

Fuel prices set for fresh hike amid global trends

Khaleeq Kiani

SOEs’ profit falls as power sector losses hit Rs5.9tr

Khaleeq Kiani

Power minister renews push to slash solar net metering

Khaleeq Kiani

Banks’ reward for overseas inflows reduced