Business News
-
Oct 2022 blackout blamed on NTDC | The Express Tribune
.
[ad_1] ISLAMABAD: The country’s power watchdog has held the National Transmission Dispatch Company (NTDC) responsible for the partial blackout that occurred in the country in October last year. Sindh, Balochistan and some parts of Punjab were left without power on…
-
SSGC clarifies reports on gas loadshedding
.
[ad_1] A woman is seen lighting the gas stove. TheNews/File The Sui Southern Gas Company (SSGC) has rejected the reports claiming that it had resumed gas loadshedding during daytime in southern parts of the country. In a statement on Thursday,…
-
Gold rate moves up in Pakistan on rupee-dollar parity
.
[ad_1] An undated image of a gold necklace displayed at a gold store. — AFP/File Gold rate increased meagerly in the country after the gap between the rupee rates against the dollar in the interbank and the open market widened…
-
Power supply to Karachi may be cut off | The Express Tribune
.
[ad_1] ISLAMABAD: An official told a parliamentary panel on Wednesday that electric supply to Karachi might be shut down if the federal government did not pay subsidy to K-Electric (KE), a private company that supplies power to Pakistan’s economic hub….
-
Circular debt shoots up by ‘Rs500b’ | The Express Tribune
.
[ad_1] ISLAMABAD: The parliamentary Public Accounts Committee (PAC) was informed on Wednesday that circular debt in the gas sector increased during the current year but efforts were afoot to bring it down. The committee which met with its chairman Noor…
-
Minister rejects reports claiming Pakistan backtracking from IMF programme
.
[ad_1] Minister of State for Finance Dr Aisha Ghaus Pasha addresses an event. — Radio Pakistan/File ISLAMABAD: Minister of State for Finance and Revenue Dr Aisha Ghaus Pasha on Wednesday categorically denied rumours claiming Pakistan was backtracking from the…
-
Gold price settles at Rs233,100 per tola in Pakistan
.
[ad_1] An undated image of gold bangles. — AFP/File Gold took a breather on Wednesday as the prices of the precious metal remained unchanged in the local market as all eyes are set on political and economic developments. Data released…
-
Pakistan govt decides to suspend online cryptocurrency services
.
[ad_1] In this file photo taken on January 27, 2020 a physical imitation of a Bitcoin is seen in Dortmund, western Germany, on January 27, 2020. — AFP In order to prevent illegal digital currency transactions as per the guidelines…
-
IMF sceptical about PSDP: report | The Express Tribune
.
[ad_1] ISLAMABAD: A new report by the International Monetary Fund (IMF) has said Pakistan’s Public Sector Development Programme (PSDP) has become “unaffordable” due to limited fiscal space, as the government again proposes only Rs700 billion for the development budget for…
-
British lawmakers seek gambling-like regulations for cryptocurrency investments
.
[ad_1] The risks of cryptocurrencies far outweigh their benefits for Pakistan, according to an SBP report. —AFP/file United Kingdom lawmakers have recommended regulating crypto investments in the UK similarly to the gambling industry. This recommendation comes after EU ministers agreed…
