EconomyPakistan
Power sector circular debt increased by Rs 303 billion in last four months
The power sector’s circular debt has increased by Rs. 303 billion to astaggering Rs. 2.6 billion during the first four...
Economy
Pakistan trade deficit drastically narrows in first four months of FY 23
Pakistan’s trade deficit narrowed by 26.59 percent to $11.469 billionduring the first four months of the current fiscal year (FY23)...
Economy
IMF pressure: Federal government to further impose sales tax worth Rs 30 billion on petroleum
Federal Board of Revenue (FBR) Chairman Asim Ahmad Wednesday decided toconvene a special Chief Commissioners’ conference and Chief Collectorconference of...
Economy
Electricity prices likely to increase further in Pakistan
The power consumers should brace themselves for another electric shock asthe Discos have filed an application in Nepra seeking Rs2...
Economy
Pakistani Rupee fell flat against US dollar in interbank market
The Pakistani rupee’s run against the US dollar fell flat on Wednesday asthe mighty greenback set aside all the pressure...
EconomyPakistan
Gold prices in Pakistan increase further significantly
Gold prices in Pakistan Tuesday saw a significant increase of Rs1100 pertola despite the US dollar losing value against Pakistan...
EconomyPakistan
Under IMF pressure, federal government increases petroleum levy to Rs 50/litre
The federal government has deprived the citizens of the relief in thepetrol price by not passing the slump in global...
Economy
ECNEC approved mega projects worth 10 billions
The Executive Committee of the National Economic Council (ECNEC) on Mondayapproved the up-gradation of Pakistan Railways’ existing ML-1 project at...
Economy
Pakistan to face worst gas shortage this winters
LAHORE: The country could face an intense gas shortage crisis in thewinter, citing sources of the gas utility.“The consumers should...