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Khaleeq KianiDawn Business |
ISLAMABAD: Pakistan authorities have materialised only $12.5 billion in foreign loans in the first nine months of 2024-25 against an annual $19.2bn...
ISLAMABAD: The government has formally asked the National Electric Power Regulatory Authority (Nepra) to allow a reduction in power purchase rates...
ISLAMABAD: The sub-optimal capacity utilisation of oil refineries has started affecting the supply of critical petroleum products, including jet fuel,...
ISLAMABAD: K-Electric asked the National Electric Power Regulatory Authority (Nepra) on Wednesday not to pass on the full benefit of Rs6.62 per unit...
ISLAMABAD: Taking stern action over recent leaks about unauthorised salary increases, the National Electric Power Regulatory Authority (Nepra) has put...
ISLAMABAD: Prime Minister Shehbaz Sharif’s government burnt the midnight oil to block about a Rs10 per litre reduction in major petroleum products...
ISLAMABAD: The Water and Power Development Authority (Wapda) has hit back at the Central Development Working Party (CDWP), justifying an...
ISLAMABAD: Despite a fall in system losses, the Oil and Gas Regulatory Authority (Ogra) on Monday notified over 5 per cent increase in the price of...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has come under criticism from within and outside for charging hefty fees to...
• Study by Pakistan Institute of Development Economics says US policy should serve as ‘wake-up call’ for export diversification • Warns...
ISLAMABAD: The prices of petrol and diesel are estimated to fall by about Rs10 per litre for the next fortnight ending April 30 owing to a decline in...
ISLAMABAD: The two gas utilities — SNGPL and SSGCL — have sought about 42 and 144 per cent increase in the prescribed gas prices, respectively, to...
ISLAMABAD: In a Rs105 billion transaction, the government on Wednesday approved swapping of its ownership in Pakistan Security Printing Company (PSPC)...
• Manila-based lending agency forecasts growth at 2.5pc • Calls consistent policy key to resilience and inclusive growth • Says political...
Mark Bristow ISLAMABAD: Canadian mining giant Barrick Gold is set to raise $3 billion in international financing for the multi-billion-dollar Reko...
• Member from Sindh calls on govt to take urgent corrective measures • Rehabilitation of Neelum-Jhelum, Guddu plants moving too slowly • Thermal...
ISLAMABAD: Confirming no reduction in base electricity tariff so far, the government on Friday conceded that Rs1.90 per unit negative quarterly...
• Tariff cut by Rs7.41 per unit for domestic consumers, Rs7.69 for industrial units • Relief comes from QTA, savings from renegotiated IPP deals,...
• Lender sanctions mere Re1 reduction in power rates, much lower than govt claim of Rs8 per unit relief • Proposed easing of electricity costs may...
ISLAMABAD: The government informed a parliamentary panel on Wednesday that about Rs3.5 trillion in savings had been secured through revisions to power...
ISLAMABAD: The government informed a parliamentary panel on Wednesday that about Rs3.5 trillion in savings had been secured through revisions to power...
• Pakistan, lender reach staff-level agreement on Extended Fund Facility review, another $1.3bn secured for climate resilience • About Rs7 cut in...
ISLAMABAD: As a formal feasibility study confirmed more than $60 billion worth of copper and gold reserves at the Reko Diq project in Balochistan at...
• March outlook says economy demonstrating stability on fiscal and external fronts • Sugar exports witness over 1,800pc increase in July-Feb,...
ISLAMABAD: The Ministry of Finance is inducting six professionals from the market to operationalise the Tax Policy Office (TPO), which will directly...
ISLAMABAD: The National Highway Authority (NHA) on Sunday said its gross profit was declining continuously over the past three years as the pace of...
• PM reiterates package to reduce electricity tariffs ‘set to be announced soon’ • Official says govt needs to do a lot on ‘legal,...
ISLAMABAD: The country’s two major petroleum stakeholders — the Oil and Gas Regulatory Authority (Ogra) and all five oil refineries — are at...
ISLAMABAD: Pakistan is working on special electricity tariffs to attract crypto mining and blockchain-based data centres, aiming to utilise surplus...
ISLAMABAD: Taking about Rs92 billion liability on the public purse, Pakistan on Friday approved phasing out of the Rs330bn subsidised export financing...
• Senate panel questions delay in submitting list of beneficiaries, seeks report • Calls for transparency in flood rehabilitation projects in...
ISLAMABAD: The Indus River System Authority (Irsa) has called back-to-back meetings of its technical and advisory committee on March 25 and 26 for...
ISLAMABAD: The Pakistan Business Forum (PBF) has called for reduction in general sales tax (GST), elimination of super tax and fixed tax for traders...
ISLAMABAD: The Central Development Working Party (CDWP) on Tuesday cleared six projects with an estimated cost of Rs151.32 billion. A meeting of...
ISLAMABAD: The two state-owned entities — Oil and Gas Development Company Ltd (OGDCL) and Mari Energies Ltd (MEL) — on Monday announced separate...
ISLAMABAD: With its net deficit for the fiscal year 2024-25 going beyond Rs318 billion, the aggregate losses and loans of the National Highway...
ISLAMABAD: Amid a 3.3 per cent decline in electricity consumption in February over the last year, the public sector power distribution companies...
• No additional revenue measures imposed; fiscal targets to be maintained through expenditure control • MEFP still being finalised ahead of...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has ordered K-Electric to refrain from penalising paying customers by interrupting...
• ECC slashes solar net-metering buyback rate by almost two-thirds, ends net billing • Under new framework, consumers to sell at Rs10, buy at...
ISLAMABAD: The prices of all petroleum products are estimated to fall by up to Rs14 per litre for the next fortnight, ending March 31, owing to...
ISLAMABAD: Despite enabling legislation passed by all the four provincial assemblies on agriculture income tax (AIT), ongoing review talks with the...
• Ahsan asks diplomats, EAD to liaise with Chinese for technical, financial assessment of Main Line-1 rail link ISLAMABAD: Planning Minister...
• ‘Grid levy’ to witness multiple hikes till Aug 2026 amid bid to discourage use of natural gas • Insiders say Fund unhappy with Discos’...
• Reject ‘Take or Pay’ clause, say it benefits refineries at their expense • Move comes as fuel prices expected to see major cut this weekend...
• Reject ‘Take or Pay’ clause, say it benefits refineries at their expense • Move comes as fuel prices expected to see major cut this weekend...
ISLAMABAD: At the conclusion of technical talks with the International Monetary Fund (IMF), Pakistan has proposed no additional taxation measures,...
ISLAMABAD: Following the recent visits of ‘President Trump’s advisers for digital assets’, the Ministry of Finance appears to have left the...
ISLAMABAD: Pakistan’s industrial sector is paying almost double the electricity prices compared to China, India and the United States, and even...
ISLAMABAD: Pakistan on Monday assured major international lenders, including the International Monetary Fund, World Bank, and Asian Development Bank,...
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