Business News
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Pakistan not ‘pursuing or receiving’ discounted energy from Russia: Bilawal
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[ad_1] Foreign Minister Bilawal Bhutto Zardari speaking during an interview on December 15, 2022. — YouTube screengrab/ PBS NewsHour Foreign Minister Bilawal Bhutto Zardari said that Pakistan is not “pursuing or receiving” any discounted energy from Russia, just a few days…
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Govt formulates strategy to conserve energy | The Express Tribune
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[ad_1] ISLAMABAD: Information Minister Marriyum Aurangzeb on Thursday said the federal government formulated a National Energy Conservation Plan, envisaging the use of solar power for private and government buildings besides a massive crackdown on electricity thieves. Marriyum said in a…
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Alarming: Forex reserves drop to lowest level since Jan 2019
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[ad_1] An undated image of $100 note. — AFP/File Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell to $6.7 billion, official data released on Thursday showed, as the cash-strapped nation struggles to meet The forex reserves…
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ECC gives go-ahead for sugar export amid ‘fears of price hike’
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[ad_1] Federal Minister for Finance and Revenue Ishaq Dar presided over a meeting of the Economic Coordination Committee (ECC) of the cabinet on December 15, 2022. — PID The Economic Coordination Committee (ECC) Thursday approved a summary presented by the…
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Petrol price slashed by Rs10 per litre for next fortnight
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[ad_1] Vehicles lined up at the Pakistan State Oil petrol pump in this undated photo. — Online/File Finance Minister Ishaq Dar on Thursday announced slashing prices of petroleum products by up to Rs10 per litre for the next fortnight. Petrol…
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Pakistan inks final deal for Reko Diq project | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan on Thursday inked the final deal with representatives of Barrick Gold and Antofagasta PLC in London for the revival of the Reko Diq project and the settlement of an $11 billion dispute. The development came after the…
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New peak: Gold price continues to climb for 8th consecutive day
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[ad_1] An undated file image of gold bars. — AFP/File Gold prices continued to rise in Pakistan for the eighth consecutive day as investors took refuge in the safe-haven asset to avoid the impact of high inflation. Gold prices surged…
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Gold import ban linked to lack of documentation | The Express Tribune
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[ad_1] ISLAMABAD: The commerce ministry officials on Wednesday told a Senate panel that if the entire gold business in the country was documented, the ban on its import could be lifted. The Senate Standing Committee on Commerce, which was held…
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K-Electric tariff reduced by Rs2.45 per unit | The Express Tribune
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[ad_1] KARACHI: The National Electric Power Regulatory Authority (Nepra) on Wednesday allowed K-Electric (KE) to cut its power tariff by Rs2.45/unit on account of monthly Fuel Charges Adjustment (FCA). In a public hearing, held to for KE’s petition on monthly FCA…
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Power tariff for Karachiites cut by Rs2.45 per unit
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[ad_1] A file photo of electrical grids. —AFP ISLAMABAD: As a relief for the inflation-weary people, the power tariff for K-Electric (KE) consumers was cut down Wednesday by the National Electric Power Regulatory Authority (NEPRA). The regularity authority approved a reduction…
