The federal government has withdrawn the subsidy the last government of Pakistan Tehreek-i-Insaf (PTI) had offered to the people on electricity bills link. In this connection, the Power Division issued a notification on Thursday which said that the relief of Rs5 per unit which was offered by ...

ISLAMABAD – National Electric Power Regulatory Authority on Thursday has approved a massive rise of Rs7.91 per unit in the basic power tariff. The development comes days after the newly installed government jacked up the petroleum prices by Rs30 per litre. With the massive increase, a single ...

ISLAMABAD – The newly installed government has jacked up petrol prices by Rs30 to a record Rs209.86 per litre a week after it announced an Rs30 hike. Federal Finance Minister Miftah Ismail announced the development at a press conference, saying the new prices will take effect from June 3, ...

DOHA – Amid the soaring political tensions in Pakistan, the International Monetary Fund (IMF) on Wednesday delayed the revival of the stalled $6 billion programme under the External Financing Facility (EFF) for Pakistan. The revival of the programme was expected to bring stability to ...

*KARACHI: Amid uncertainty over a deal with IMF and the announcement of monetary policy, the Pakistan Stock Exchange (PSX) on Monday shed 683 points, depicting a lack of confidence from investors in the market. * The KSE-100 index fell below the 43,000 mark today after it shed 683 points and ...

The Finance Minister expressed the hope that in next two days he will succeed in having agreement with IMF in the best interest of the country and the people. Finance Minister Miftah Ismail says today the nation is paying price of wrong policies and agreements signed by previous government ...

*KARACHI: Muttahida Qaumi Movement Pakistan (MQM-P) convenor Dr Khalid Maqbool Siddiqui said that his political party is fully prepared for the fresh elections. * Khalid Maqbool Siddiqui, while talking to ARY News program ‘Off the Record’, said that MQM-P has announced multiple times for ...

*The imports of overall petroleum group witnessed an increase of 95.84 percent during the first ten months of the current fiscal year (2021-22) as compared to the corresponding period of the last year.* During the period under review, the total imports of the petroleum group stood at $17.033 ...

ISLAMABAD – Finance Minister Miftah Ismail has announced that the coalition government has no plans to increase the petrol prices as of now. Addressing a presser in the country’s federal capital Islamabad, the PML-N leader said the petrol prices, which were expected to be increased ...

ISLAMABAD – The Sharif-led federal government is likely to take a crucial decision on a hike in fuel prices today ahead of talks with International Monetary Fund (IMF). Last month, the new government decided not to roll back billions in fuel subsidies despite the strain on public funds, to ...