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SNGPL defers third-party pipeline capacity allocation

ISLAMABAD: Amid a high-stakes tussle, Sui Northern Gas Pipelines Limited (SNGPL) has deferred the allocation of pipeline capacity to a third party for...

latest 4

Khaleeq Kiani

Pakistan to begin Rabi with record levels of stored water

• Reservoirs hold more than 13.1MAF water, 99pc of peak capacity • Tarbela reaches full conservation level of 1,550 feet; Mangla nearly filled to...

yesterday 30

Khaleeq Kiani

$7.7bn package for Reko Diq approved

ISLAMABAD: The government on Thursday approved definitive agreements and financial commitments for the revised cost of $7.723 billion for the first...

20.09.2025 40

Khaleeq Kiani

Govt opens path for new RLNG connections

ISLAMABAD: The government on Tuesday asked the gas utilities and Oil and Gas Regulatory Authority (Ogra) to start processing new gas connections to...

18.09.2025 40

Khaleeq Kiani

Faceless customs system loses Rs100bn in three months

• Audit reveals widespread discrepancies, tax evasion, underinvoicing, solar panel money laundering scam • Report warns green channel clearances...

16.09.2025 30

Khaleeq Kiani

Nepra imposes Rs248m penalty on two Discos

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday imposed a fine of Rs248 million on Gujranwala Electric Power Company...

14.09.2025 30

Khaleeq Kiani

Pakistan secures $285m guarantees for Panda bond

• ADB, AIIB to back $250m green bond for hospitals, power and water schemes • CDWP clears projects worth Rs236bn ISLAMABAD: Pakistan has secured...

13.09.2025 30

Khaleeq Kiani

Senate panel seeks govt control over SBP, SECP salaries

ISLAMABAD: Senators on Wednesday called for the abolition of ‘conflict of interest’ clauses in the laws regulating the State Bank of Pakistan...

12.09.2025 30

Khaleeq Kiani

Just Rs5.3bn spent on development in July-Aug

ISLAMABAD: The Public Sector Development Programme (PSDP) has had a sluggish start this fiscal year, with only Rs5.3 billion spent in the first two...

11.09.2025 60

Khaleeq Kiani

Pakistan, China agree on $7bn ML-1 financing consortium

ISLAMABAD: The government announced on Monday that Pakistan and China had agreed to form a consortium of bilateral and multilateral partners to...

10.09.2025 90

Khaleeq Kiani

Govt eyes new gas levy amid paradox of glut and rationing

ISLAMABAD: As the Lahore-based Sui Northern Gas Pipelines Limited (SNGPL) continues, even in summers, with unannounced rationing of natural gas amid...

10.09.2025 20

Khaleeq Kiani

Weak reforms fuel Pakistan’s energy black hole

ISLAMABAD: With limited progress on reforms and over Rs4.6 trillion in accumulated liabilities, Pakistan’s energy sector continues to strain the...

07.09.2025 60

Khaleeq Kiani

Floods spark agri-emergency call as vast rice, cotton crops ruined with losses ‘in billions’

ISLAMABAD: The Pakistan Business Forum (PBF) has called for the immediate declaration of an agricultural emergency as widespread flooding devastates...

06.09.2025 20

Khaleeq Kiani

Senate committee proposes key changes to Virtual Assets Bill

ISLAMABAD: The Senate Standing Committee on Finance and Revenue on Wednesday recommended that members and staff of the Pakistan Virtual Asset...

05.09.2025 30

Khaleeq Kiani

Wapda seeks 91pc increase in revenue requirement to Rs365 billion

ISLAMABAD: The Water and Power Development Authority (Wapda) has sought about a 91 per cent increase in its revenue requirement to Rs365 billion for...

05.09.2025 10

Khaleeq Kiani

Neelum-Jhelum project ‘a failure of planning, execution’

• AGP report finds Rs507bn scheme plagued by tunnel collapses, delays and cost overruns • Flagship project falls short on water rights, power...

04.09.2025 30

Khaleeq Kiani

Dollarised returns for oil transport approved

ISLAMABAD: Despite strong reservations from the ministries of finance and power, the government has approved a dollar-based guaranteed return on the...

03.09.2025 20

Khaleeq Kiani

Govt retires Rs1.13tr debt to State Bank

• MoF says Rs1.133tr repaid on Aug 29, on top of Rs500bn cleared in June; total early repayments cross Rs2.6tr • Central bank debt reduced to...

02.09.2025 20

Khaleeq Kiani

Financing for new PSDP projects limited to 2pc in line with IMF conditions

• Govt focusing on completion of ongoing projects of national importance, Senate panel told • Fund’s ‘Diagnosis Report’ flags poor...

31.08.2025 20

Khaleeq Kiani

ECC okays Rs40bn to wind up essential items’ facility for the impoverished

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Thursday approved about Rs40 billion to wind up the Utility Stores Corporation...

30.08.2025 20

Khaleeq Kiani

Ogra orders shift to digital payments

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Thursday directed all licensed entities in the oil and gas sector to ensure adoption of...

30.08.2025 10

Khaleeq Kiani

Inaugural NFC session put off amid flood threat

• Commission tasked to develop fresh methodology to share federal divisible resources among Centre, provinces • Federation pushes for provincial...

30.08.2025 20

Khaleeq Kiani

Pakistan seeks Asian Development Bank’s support for reforms

• Aurangzeb urges innovative instruments, sectoral reforms for long-term resilience • ADB president says ready to assist in launch of inaugural...

29.08.2025 50

Khaleeq Kiani

Pakistan seeks ADB support for reforms

• Aurangzeb urges innovative instruments, sectoral reforms for long-term resilience • ADB president says ready to assist in launch of inaugural...

29.08.2025 60

Khaleeq Kiani

Govt approves Rs47bn petroleum levy recovery, Rs11bn PTV bailout

• ECC greenlights Multan-Rawalpindi oil pipeline, Rs3bn flood relief package for Gilgit-Baltistan • Gas levy funds to reduce power tariffs for all...

28.08.2025 10

Khaleeq Kiani

Foreign inflows surge in July as Pakistan receives $695m in loans and grants

ISLAMABAD: Pakistan began the new fiscal year with foreign inflows of $695 million in July, a 59 per cent increase compared to the same month last...

27.08.2025 20

Khaleeq Kiani

Top petroleum division official replaced amid controversy over KP gas field award

ISLAMABAD: The government has removed a senior petroleum division official on orders from the PM Office, following a controversy involving the award...

26.08.2025 20

Khaleeq Kiani

Centre, KP seem to be on ‘same page’ on NFC tweaks ahead of Friday meeting

• First meeting of 11th NFC scheduled for Friday • PTI’s Muzammil Aslam says KP will seek disincentivising population, propose prosperity and...

26.08.2025 20

Khaleeq Kiani

FPCCI calls claimed circular debt cut ‘misleading, artificial’

ISLAMABAD: Power Division’s claim of around Rs800 billion reduction in power sector circular debt is “misleading, artificial and unsustainable”,...

24.08.2025 10

Khaleeq Kiani

Economic gains at risk without bold reforms, warns Institute of International Finance

ISLAMABAD: Pakistan’s economic recovery has been stronger than expected, yet the country has failed to seize an opportunity to put its recovery on a...

24.08.2025 10

Khaleeq Kiani

Discos seek to refund Rs23bn for July

ISLAMABAD: With a five per cent decrease in power consumption in July over last year, the public sector distribution companies (Discos) have sought a...

23.08.2025 10

Khaleeq Kiani

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...

21.08.2025 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,...

21.08.2025 40

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...

21.08.2025 70

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...

20.08.2025 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...

20.08.2025 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:...

19.08.2025 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

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SNGPL defers third-party pipeline capacity allocation

Khaleeq Kiani

Pakistan to begin Rabi with record levels of stored water

Khaleeq Kiani

$7.7bn package for Reko Diq approved

Khaleeq Kiani

Govt opens path for new RLNG connections

Khaleeq Kiani

Faceless customs system loses Rs100bn in three months

Khaleeq Kiani

Nepra imposes Rs248m penalty on two Discos

Khaleeq Kiani

Pakistan secures $285m guarantees for Panda bond

Khaleeq Kiani

Senate panel seeks govt control over SBP, SECP salaries

Khaleeq Kiani

Just Rs5.3bn spent on development in July-Aug

Khaleeq Kiani

Pakistan, China agree on $7bn ML-1 financing consortium

Khaleeq Kiani

Govt eyes new gas levy amid paradox of glut and rationing

Khaleeq Kiani

Weak reforms fuel Pakistan’s energy black hole

Khaleeq Kiani

Floods spark agri-emergency call as vast rice, cotton crops ruined with losses ‘in billions’

Khaleeq Kiani

Senate committee proposes key changes to Virtual Assets Bill

Khaleeq Kiani

Wapda seeks 91pc increase in revenue requirement to Rs365 billion

Khaleeq Kiani

Neelum-Jhelum project ‘a failure of planning, execution’

Khaleeq Kiani

Dollarised returns for oil transport approved

Khaleeq Kiani

Govt retires Rs1.13tr debt to State Bank

Khaleeq Kiani

Financing for new PSDP projects limited to 2pc in line with IMF conditions

Khaleeq Kiani

ECC okays Rs40bn to wind up essential items’ facility for the impoverished

Khaleeq Kiani

Ogra orders shift to digital payments

Khaleeq Kiani

Inaugural NFC session put off amid flood threat

Khaleeq Kiani

Pakistan seeks Asian Development Bank’s support for reforms

Khaleeq Kiani

Pakistan seeks ADB support for reforms

Khaleeq Kiani

Govt approves Rs47bn petroleum levy recovery, Rs11bn PTV bailout

Khaleeq Kiani

Foreign inflows surge in July as Pakistan receives $695m in loans and grants

Khaleeq Kiani

Top petroleum division official replaced amid controversy over KP gas field award

Khaleeq Kiani

Centre, KP seem to be on ‘same page’ on NFC tweaks ahead of Friday meeting

Khaleeq Kiani

FPCCI calls claimed circular debt cut ‘misleading, artificial’

Khaleeq Kiani

Economic gains at risk without bold reforms, warns Institute of International Finance

Khaleeq Kiani

Discos seek to refund Rs23bn for July

Khaleeq Kiani

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