Finance
Power tariff Expected to Rise by Rs3.41 per Unit
The power tariff is likely to increase by Rs 3.41 per unit due to the monthly fuel adjustment (MFA). The...
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Aligning budget with IMF conditions was crucial: PM Shehbaz
Prime Minister Shehbaz Sharif emphasized the importance of aligning the fiscal year 2024-25 budget with the International Monetary Fund (IMF)...
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State-owned enterprises’ losses swell 23% to Rs905bn in FY23
Pakistan's state-owned enterprises (SOEs) incurred aggregate losses of Rs905 billion for the fiscal year 2022-23, marking a 23% increase from...
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Challenges and Costs of National Assembly Sessions: Calls for Efficiency and Accountability
The high costs associated with running National Assembly sessions are concerning, especially given issues such as lack of quorum and...
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Saudi offers $101mln for clean energy in Pakistan
The Saudi Fund for Development has committed $101 million for a hydropower project in Azad Jammu and Kashmir, which will...
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‘Made in Pakistan’ mobile phones meet 95% demand
Pakistan is now assembling almost all global brands of mobile phones locally, increasing the ‘Made in Pakistan’ production to 95%...
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Bulls lead PSX to cross historic 80,000 mark
On Friday, the Pakistan Stock Exchange (PSX) shattered another record by crossing the 80,000 mark during intraday trading. The benchmark...
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Shares at PSX surge to all-time high on rating agencies dovish outlook
Bulls continued their stampede post-Eid as shares at the Pakistan Stock Exchange (PSX) soared to an all-time high, gaining over...
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Pakistan’s Inflation Rate Likely To Stay at 12% in FY25: Fitch
A recent report by Fitch Ratings anticipates that Pakistan's inflation rate will stabilize around 12 percent. The report suggests that...
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Petrol price in Pakistan slashed by Rs10 per litre
In a significant relief measure, the Pakistan government announced a reduction in petrol and high-speed diesel (HSD) prices for the...
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